Freeport and Phelps set to become world’s copper giant
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N…
Copper
Gold Reach Cuts Wide Copper at Seel
Vancouver — Gold Reach Resources (GRH-V, GRHFF-O) delivered a strong copper intercept from its Seel project, located about 120 km southwest of Houston, B.C., prompting a trading flurry in the junior …
Imperial Metals Pulls Plug on Hostile Offer for bcMetals
Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.
Murgor to Take On HudBay Properties
Montreal junior Murgor Resources (MUG-V, MUGRF-O) has signed a set of agreements with HudBay Minerals (HBM-T, HBMFF-O) to earn an interest in four massive sulphide prospects in the Flin Flon and Snow …
Starfield advances Ferguson Lake (November 16, 2006)
Vancouver – In wrapping up its 2006 drilling at the Ferguson Lake copper-nickel-PGM project located 240 km west of …
Metallica, Xstrata upgrade El Morro copper-gold resource (November 13, 2006)
Metallica Resources (MR-T, MRB-X) has announced a substantial upgrading of its La Fortuna copper-gold deposit at it…
‘Everybody wins’ at Capstone’s Cozamin reopening (November 13, 2006)
Zacetecas, Mexico — Just three years after acquiring the past-producing Cozamin property on the outskirts of this historic city, Capstone Mining (CS-T, CSFFF-O) has officially opened an expanded and …
Teck posts $504M profit
Vancouver — Robust commodity prices continue to fuel Teck Cominco’s (TCK.B-T, TCK-N) revenue engine, delivering strong third-quarter net income of $504 million ($2.34 per share), up from $405 million…
Bell taps wide copper intercept at Sombrero Butte
Vancouver – Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Arizona…
Update: Barrick waives minimum tender condition in NovaGold bid
Vancouver – Barrick Gold (ABX-T, ABX-N) has waived the 50.1% minimum tender condition in its US$16.00-per-share bid…
Deep zone outlined at New Gold’s Afton
Vancouver – Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, British Columbia is …
Barrick extends NovaGold bid with 22.5% tendered
Vancouver – With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T…