Teck Cominco posts $360M Q1 profit
Vancouver — Teck Cominco (TCK.B-T, TCK-N) posted 2007 first-quarter earnings of $360 million ($1.67 per share) on operational revenue of $1.34 billion, compared with $448 million ($2.19 per share) on…
Copper
Teal updates Konkola resources (April 30, 2007)
Teal Exploration & Mining (TL-T, TEL-J) has published updated resource figures for the Konkola North copper project, in northern Zambia, moving about half the previously inferred resource into the…
Ursa Major gets bulk sampling approval
Ursa Major Minerals (UMJ-V, UMJMF-O) has received provincial approval for a bulk-sampling program at its Shakespeare nickel-copper project west of Sudbury, Ont.
Benton gets PGM exploration boost (April 30, 2007)
Stillwater Mining (SWC-N) has agreed to pump $1.6 million into Benton Resources’ (BTC-V) Goodchild nickel-copper-platinum group metal project north of Marathon, Ont., giving Stillwater the option to e…
Kenrich-Eskay tallies Double Ed copper
Vancouver — Kenrich-Eskay Mining (KRE-V, KREKF-O) has delivered a modest resource estimate for the Double Ed deposit on its 50%-owned Coastal Copper project, located in the Anyox mining district in n…
Potter assays promising
Drilling at Millstream Mines’ (MLM-V), Potter property near Matheson, Ont., continues to hit encouraging intervals of massive sulphide mineralization.
Editor’s picks: top stories of week 17
The trading week ended April 27, the 17th of 2007, was punctuated by the Canadian government’s unveiling of a poten…
Merger trend among juniors going strong
Vancouver – The industry trend of corporate mergers remains a common market theme with a growing number of junior r…
Aquila increases resource at Back Forty
The Back Forty massive-sulphide deposit in Menominee Cty. in the Upper Peninsula of Michigan has more than double t…
Teal updates Konkola resources (April 23, 2007)
Teal Exploration and Mining (TL-T, TEL-J) has published updated resource figures for the Konkola North copper proje…
Aurcana Launches La Negra Production
Vancouver — Production has begun at Aurcana’s (AUN-V, AUNFF-O) 80%-owned La Negra silver-copper-zinc-lead mine in Queretaro state, Mexico, following completion of a mill refurbishment and expansion p…
Lundin to Absorb Tenke
Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company Tenke Mining (TNK-T, TNKDF…