Peabody looks towards a cleaner future for coal
Amidst strong financial results from 2006 Peabody Energy (BTU-N) took the occasion of its annual meeting to delve…
2007
DRC woe for Africo
Vancouver – A recent court decision in the Democratic Republic of Congo (DRC) has dealt a major blow to Africo Reso…
Zaruma updates Luz del Cobre numbers (April 30, 2007)
Thanks to additional metallurgical testing and orebody modelling, Zaruma Resources (ZMR-T) has posted a revised res…
Tribute seeks underground permit for Arrow
Tribute Minerals (TBM-V) has started permitting work for an underground ramp on the Arrow Zone massive-sulphide dep…
Major production in Peru unaffected by stike thus far
As feared Perus biggest mining union has gone on strike. The National Federation of Mining, Metallurgy and Steel…
Toronto Stock Exchange April 17-23
After setting a benchmark close of 13,711.96 early in the trading period of April 17-23, the S&P-TSX Composite Index settled down and finished 31 points lower, at 13,628.97. The Capped Metals &…
People (April 30, 2007)
Claude Res. — Bob Kowalishin appointed director.
Wesdome, WQM ponder merger
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
More macros for Diamonds North (April 30, 2007)
Vancouver — Diamonds North Resources’ (DDN-V, DDNFF-O) Char kimberlite, on its Amaruk property in the Pelly Bay diamond district of Nunavut, has yielded 178 diamonds from a 159.35-kg sample, includin…
Kenrich-Eskay tallies Double Ed copper
Vancouver — Kenrich-Eskay Mining (KRE-V, KREKF-O) has delivered a modest resource estimate for the Double Ed deposit on its 50%-owned Coastal Copper project, located in the Anyox mining district in n…
Goldcorp takes stake in Cypress
Vancouver — Cypress Development (CYP-V, CYDVF-O) has lined up Goldcorp (G-T, GG-N) to take down a $2.6-million private placement.
Potter assays promising
Drilling at Millstream Mines’ (MLM-V), Potter property near Matheson, Ont., continues to hit encouraging intervals of massive sulphide mineralization.