2005

Just 20 months after the discovery of the rich West zone at its High Lake polymetallic project in Nunavut, Wolfden Resources (WLF-T) has managed to triple the massive-sulphide resource base.

Alcan (AL-T) expects fourth- quarter operating earnings to slide by around 30% from the previous quarter, owing to a weaker U.S. dollar, seasonal effects, and higher fuel and energy costs.

Vancouver — In a deal worth $15.3 million, Lundin Mining (LUN-T) is offering to purchase the shares in North Atlantic Natural Resources it does not already own.

U.S. equity markets were lower over the report period Jan. 18-25, mainly forced lower by poor earnings news. The S&P-500 index was down 2.3% of value, at 1,168.41 points.

Vancouver — Drilling by Imperial Metals (III-V) has confirmed the presence of high-grade gold-silver mineralization in the Northeast zone at the Mount Polley mine, near Williams Lake, B.C.

In its third annual volume of Strategy Plus, the research department of Montreal-based brokerage house Desjardins Securities weighs in on the year ahead and offers top investment recommendations in all sectors, including mining.