Western Prospector rejects Khan’s all-share bid
The board of Western Prospector Group (WNP-V, WEPGF-O) has rejected Khan Resources’ (KRI-T, KHRIF-O) unsolicited takeover bid for the company, saying it is “inadequate and falls significantly short of…
Rio Tinto Canada Management Inc.
NEW HORIZONS (February 18, 2008)
The U.S. Geological Survey has announced the 2008 recipients of the Mineral Resources External Research Program grant.
IOC ramps up investment in Labrador operations
Strong market demand, addressing operating bottlenecks and improving winter performance were the key drivers behind the Iron Ore Co. of Canada’s (IOC) decision earlier this month to pump $60 million i…
Vaaldiam joins diamond producer club
Vancouver — Vaaldiam Resources (VAA-T, VAAFF-O) has commissioned its Duas Barras diamond mine in Minas Gerais state, Brazil, recovering its first batch of stones from the alluvial operation.
Guarded optimism in the Philippines
There’s nowhere to go but up when it comes to mining production in the Philippines. In 1980, the mining sector …
BHP Billiton, Norilsk line up
Russian nickel producer Norilsk Nickel (NILSY-O, MNOD-L) has concluded a strategic alliance with another of the Big Three, this time signing a deal with BHP Billiton (BHP-N, BLT-L)….
Resource boost at Galeno
Vancouver — A new resource estimate has been delivered to Northern Peru Copper (NOC-T, NPUCF-O), increasing the size of its Galeno copper-gold-molybdenum deposit, about 600 km north of Lima, Peru….
Market applauds Shore Gold and Kensington Resources merger
Shore Gold (SGF-T) and Kensington Resources’ (KRT-V) symmetrical move up the market on Tuesday should come as no su…