First Nickel extends Lockerby
Shares in First Nickel (FNI-T, FNKLF-O) jumped 18% to $1.18 in heavy morning trade in Toronto on May 29, after the junior producer reported some high-grade extensions to the producing Depth zone at th…
Copper
Mongolian president says yes to tax
Vancouver — Mongolian President Nambaryn Enkhbayar has opted for the populist course and declined to veto the recently tabled windfall profits tax aimed at copper and gold producers in the central As…
Kansanshi gets sweeter
Production from the Kansanshi copper mine in the North-Western province of Zambia has come along just in time for First Quantum Minerals (FM-T, FQVLF-O), which posted net earnings of US$54.8 million (…
Drilling defining sulphides at Ming
A directional drilling program at the Ming massive sulphide deposit in north-central Newfoundland is showing th…
Int’l Barytex cuts high-grade copper at Shituru (May 30, 2006)
Vancouver – A couple of hot step-out holes at International Barytex’s (IBX-V) Shituru project, near Likasi, Democra…
First Nickel jumps on Lockerby extensions
Shares in First Nickel (FNI-T, FNKLF-O) jumped 18% to $1.18 in heavy morning trade in Toronto on May 29, after the …
Royalties tables scoping study for Raglan South (May 29, 2006)
Quebec-based nickel explorer Canadian Royalties (CZZ-T, CRYAF-O) plans a full feasibility study on its Raglan South nickel-copper deposits in the Nunavik (Ungava) region of Quebec following a prelimin…
Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Editorial: Mongolian gov’t betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “promising underdog” column over to the one titled “Third World basket-case” — so joi…
Corriente lines up dollars to develop Mirador
Vancouver — Corriente Resources (CTQ-T, ETQ-X) has arranged a $125-million financing to bring its Mirador copper deposit, in southeastern Ecuador, into production….
Nevsun ships gold from Tabakoto
Vancouver — The first shipment of gold produced from the commissioning phase of the Tabakoto open-pit mine in Mali, West Africa, has elevated Nevsun Resources (NSU-T) to the ranks of junior gold prod…
Mongolian President fails to veto new tax
Vancouver – Mongolia’s President Nambaryn Enkhbayar has opted for the populist course of strong nationalism and dec…