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…
2006
Suppliers News (June 05, 2006)
Finning posts record profits…
People (June 05, 2006)
Highland Gold — Denis Alexandrov resigned as financial director….
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…
Red Lake, Campbell see layoffs (June 05, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning a process aimed at finding economies as the two are combined….
Lake Shore studies Timmins West, Vogel
As part of its prefeasibility study on the Timmins West gold project, Lake Shore Gold (LSG-T, LSGGF-O) plans to do underground exploration on both Timmins West and the Vogel-Schumacher project….
Yellowhead to drill Harper Creek
Vancouver — Along with a proposed financing to raise up to $10 million and become a publicly traded company later this year, Yellowhead Mining is planning a spring exploration program at its newly ac…
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$54.8 million (…
Hot market has juniors eyeing zinc oxides
With base metal prices at record highs, it’s hardly surprising that zinc oxide deposits, despite their reputation for difficult metallurgy, are making a comeback among junior miners….
Rio Blanco takes shape
Early progress on a final feasibility study for the Rio Blanco copper-molybdenum project in northern Peru proposes mining the deposit at 25 million tonnes annually….
International Quotes (June 05, 2006)
| May 29 | May 23 | Change | |||||||||
| Australia (A$) | |||||||||||
| Bendigo Mining | 2.12 | 1.92 | 0.20 |
| as of 4 pm ET, May 29, 2006 | (%) |
| Bank of Canada | 4.50 |
| Target overnight rate | 4.25 |
| Canadian Prime | 6.00
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