2006

STARFIELD RESOURCESStarfield's Ferguson Lake camp in Nunavut.

Starfield advances Ferguson Lake (November 27, 2006)

Vancouver — In wrapping up its 2006 drilling program at the Ferguson Lake copper-nickel-platinum group metals project located 240 km west of Rankin Inlet, Nunavut, Starfield Resources (SRU-V, SRFDF-O…


Teck puts $30M into Tahera

Vancouver — Teck Cominco (TCK.B-T, TCK-N) plans to invest $30 million in Tahera Diamond (TAH-T, TAHEF-O) through a private-placement that would give the major a 16% stake in Canada’s newest diamond m…




Queenstake Q3 disappoints

Vancouver — Reduced gold production coupled with higher commodity and labour costs pushed Queenstake Resources (QRL-T, QEE-X) to its worst quarterly performance since acquiring the Jerritt Canyon min…


PHELPS DODGEUnder new ownership? -- The copper cathode produced at this tankhouse, currently owned by Phelps Dodge, could be heading directly to the bottom line of copper-gold producer Freeport-McMoRan. The deal -- which has been unanimously approved by the boards of both companies and is anticipated to close in the first quarter of 2007 -- would see Freeport dish out almost US$26 billion in cash and stock for Phelps.

Freeport to swallow Phelps

If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …




New Gold outlines deep zone at Afton

Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.


Lonmin bids for AfriOre

Platinum producer Lonmin (LMNIF-O, LMI-L) has reached an agreement to acquire AfriOre (AFO-T, AFOFF-O) in an all-cash deal.



New uranium zone at Saddle Hills

Vancouver — A new zone of uranium mineralization has been identified by Western Prospector Group (WNP-V) on its Saddle Hills project in northeastern Mongolia.


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