Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…
Copper
First Quantum acquires 17.2% of Equinox
First Quantum Minerals (FM-T, FQM-L) is quietly buying up shares of fellow copper miner Equinox Minerals (EQN-T, EQ…
Constellation Copper stops mining at Lisbon
The troubled Lisbon Valley copper project in southeastern Utah will shut down mining in early 2008, converting to a…
Positive feasibility study for Inca Pacific’s Magistral (December 03, 2007)
Vancouver – The feasibility study for Inca Pacific’s (IPR-V) Magistral copper-molybdenum project in Peru has showed…
Sun sets on Galore…for now
Vancouver — Just six months after NovaGold Resources (NG-T, NG-X) brought on Teck Cominco (TCK.B-T, TCK-N) as a partner to build a mine at its Galore Creek copper-gold deposit in northwestern B.C., t…
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.
Pure Nickel, Crowflight team up for Manibridge (December 03, 2007)
Pure Nickel (NIC-T, PNCKF-O) and Crowflight Minerals (CML-V, CMLGF-O) will be combining interests on the Manibridge nickel property southwest of Wabowden, Man., a Pure Nickel property surrounded by Cr…
Shakespeare to be
The Shakespeare nickel-copper project west of Sudbury, Ont., has been granted the regulatory green light for production and operator Ursa Major Minerals (UMJ-T, UMJMF-O) plans to start construction.
New holes expand Bahuerachi
Further drill results from Tyler Resources (TYS-V, TYRRF-O) at its Bahuerachi copper-zinc project in Chihuahua stat…
Chinese smelter group buys more Continental
Vancouver – Chinese smelting group Jinchuan has boosted its interest in aspiring copper producer Continental Minera…
GlobeStar indicates 44,800 tonnes nickel at Cumpie Hill
Vancouver – GlobeStar Mining (GMI-T) got a healthy share price boost after an initial resource estimate for the com…
Peak Gold raises $110 million
Vancouver – A $110-million financing will help Peak Gold (PIK-V) move ahead with continued exploration and efforts …