DRC Woes for Africo
Vancouver — A recent court decision in the Democratic Republic of the Congo (DRC) has dealt a major blow to Africo Resources (ARL-T, AFCRF-O) concerning its recently announced 75% ownership in the Ka…
Industrial/Specialty Minerals
Copper Fox increases resource but falls on market
Copper Fox (CUU-V) increased its copper and gold resources at Schaft Creek in B.C., but watched as its shares fell …
Black Pearl denied drill depths and loses market ground
Black Pearl Minerals (BLK-V) saw its shares tumble after announcing what results it had from two drill holes that w…
Alcoa bids for Alcan
A meaty hostile offer has been tabled; now let the politics begin. On May 7, U.S. aluminum giant Alcoa (AA-N) unvei…
Moly found at NW Expo
Vancouver — With the acquisition of Lumina Copper under its belt, drilling at Western Copper’s (WRN-T, WCPCF-O) North West Expo copper-gold-molybdenum project, on northern Vancouver Island, is confir…
More BC moly for Torch River
In a deal that would add a second molybdenum property to Torch River Resources’ (TCR-V, TORVF-O) portfolio, the junior has signed a preliminary option to buy a 100% interest in the past-producing Moun…
Tenajon emerging as moly play
The recent boom in the molybdenum market has not gone unnoticed by Tenajon Resources (TJS-V, TJRUF-O).
Alcan jettisons French asset (April 30, 2007)
Alcan (AL-T, AL-N) is paring down its engineered products branch by selling off its Satma subsidiary to ALMECO Spa of Italy.
MetalCORP adds moly to mix
Thanks to a little sleuthing through old company and government files plus a bit of follow-up sampling, MetalCORP (MTC-V) has added a substantive molybdenum-silver project near Hemlo, Ont., to its min…
Largo up on moly-tungsten resource
With a new inferred resource of 508 million lbs. tungsten and 151 million lbs. molybdenum, Largo Resources (LGO-V, LGORF-O) has added its Northern Dancer deposit, in the Yukon, to the list of world-cl…
Alcan jettisons French asset (April 23, 2007)
Alcan (AL-T, AL-N) is paring down its engineered products branch by selling off its Satma subsidiary to ALMECO Spa …
Sprott Moly Closes $189M IPO
Vancouver — Sprott Molybdenum Participation (MLY-T) closed a highly successful initial public offering (IPO) to raise gross proceeds of $189 million on the sale of 37.8 million units at $5.00 apiece.