BHP Billiton

BHP dismisses rumours of WMC bid

News reports of a pending bid for WMC Resources (WMC-N) by BHP Billiton (BHP-N) are “market speculation,” the compa…


Northern initiative generates targets for Diamonds North

Diamonds North Resources (DDN-V) has staked more than 1,200 sq. km of new mineral claims 100 km south of Baker Lake in Nunavut, following the recovery of kimberlite indicator mineral grains from multiple till samples. The sample…


Quadra’s copper con heads to Asia

Vancouver — Quadra Mining (QUA-T) has shipped the first load of copper concentrate from its recently restarted Robinson mine in Ely, Nev. However, the good news was overshadowed an accident that killed two contract miners at th…


Base metals leave golds behind

U.S. stock markets were quiet during the report period Dec. 15-21, rising only slightly. The Dow Jones Industrial Average rose 82.98 points to 10,759.43.


Lumina drills Regalito

Vancouver — Drilling by Lumina Copper (LCC-T) has expanded the amount of copper mineralization at the Regalito project in Chile.


Partners target Seal River

Nustar Resources (NTR-V) has identified some 30 new kimberlites targets on the Seal River project area in northern…




Miners take a smackdown

U.S. stock markets were little-changed over the report period Dec. 1-7, but the mining stocks fell sharply. The S&P 500 index, representative of the broad market, was up 3.25 points to 1,177.07, but the XAU gold and silver index fell about 6% in t…



Churchill kimberlite camp proves frustrating

Despite disappointing microdiamond results from a second year of drilling on the Churchill joint venture in eastern Nunavut, Shear Minerals (SRM-V) and Stornoway Diamond (SWY-V) continue to promote the project…


Golds sag despite rising bullion

U.S. stock markets finished little-changed over the report period Nov. 17-23 despite a selloff on Nov. 19 following comments by Federal Reserve chairman Alan Greenspan on how the U.S. current account deficit might depress the value of the greenbac…


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