Editorial: Uranium, iron ore deals take centre stage
Mergers and acquisitions continued to be the major theme of the mining sector during the week ended June 9, the twenty-third trading week of 2007.
2007
Suppliers News (June 18, 2007)
What was the Washington Group’s will be URS’s
Sultan hits big BC moly
Vancouver — Sultan Minerals (SUL-V, SLMLF-O) is being rewarded for its efforts in searching out molybdenum at its Jersey-Emerald property in southwestern B.C. — a site that once hosted Canada’s seco…
Dundee fights for its rights in Bulgaria (June 18, 2007)
Dundee Precious Metals (DPM-T, DPMLF-O) is finding out just what an impediment one politician can be — especially in a former communist country still coming to terms with the free market.
New resource cools Starfield
After enjoying a somewhat mysterious climb up the market in May, Starfield Resources (SRU-T, SRFDF-O) had some of the air let out of its share price on the release of a resource estimate summary for i…
SRA speeds Tennessee zinc mines into action (June 18, 2007)
With a $105-million initial public offering completed in May, Strategic Resources Acquisition Corp. (SRA) (SRZ-T) is gearing up to bring the Middle Tennessee Zinc Mines back into production by the fou…
Kodiak down 23% on Caribou Lake results
Vancouver — Despite hitting additional intervals of nickel and copper sulphides, recent drill results from Kodiak Exploration’s (KXL-V, KXLAF-O) Caribou Lake layered ultramafic intrusive project near…
Silverstone to buy life-of-mine silver from Lundin operations
Vancouver — Silverstone Resources (SST-V, SVRCF-O) is scooping up more silver byproduct streams, the latest an agreement to buy 100% of the life-of-mine payable silver production from Lundin Mining’s…
Two sets of gold results push Exeter up 48% (June 18, 2007)
Vancouver — Strong gold results out of Argentina on the back of good gold grades from Chile had investors interested in Exeter Resources (XRC-V, XRA-X) recently, pushing its share price up 48% to $3….
MBMI closes in on shipping Philippine nickel
Vancouver — After almost three years of raising money and acquiring permits, MBMI Resources (MBR-V, MBRTF-O) is weeks away from shipping its first nickel ore from the Philippines to Asian markets.
Redcorp seeks $240M to build Tulsequah
Vancouver — Redcorp Ventures (RDV-T, RDFVF-O) has inked the preliminary short form prospectus paperwork for up to $240 million in financing for development and construction of its planned Tulsequah p…
Linear’s Cobre Grande proving itself worthy of name (June 18, 2007)
Vancouver — Linear Metals (LRM-V, LMTCF-O) is showing its Cobre Grande or “great copper” site in Oaxaca, Mexico, is worthy of its name, with the latest drill effort cutting high-grade copper along wi…