Ravensthorpe to Cost US$2.2 Billion
A revision of estimated capital costs for the Ravensthorpe laterite nickel project in Western Australia now gives the project a price tag of US$2.2 billion.
2007
Southwestern Boosts Boka
Vancouver — Over two years after its preliminary assessment on the Boka gold project in Yunnan Province, China, Southwestern Resources (SWG-T, SWGGF-O) has tabled a revised estimate showing a signifi…
Ivanhoe Rides Mongolian Roller Coaster in 2006
Ulaanbaatar, Mongolia — At first glance, Ivanhoe Mines’ (IVN-T, IVN-N) Oyu Tolgoi copper-gold project may seem to have grabbed an undue amount of attention for a project in the far reaches of the Gob…
Ashton Board Agrees to New Merger Plan
A proposal from Stornoway Diamond (SWY-T, SWYDF-O) to merge Ashton Mining of Canada (ACA-T, AMCFF-O) into one of its wholly owned subsidiaries has met the Ashton board’s approval.
CanAlaska Options Reserve Lands in Athabasca Basin
Vancouver — CanAlaska Uranium (CVV-V, CVVUF-O) has optioned a 385-sq.-km land package, located on the northern rim of Saskatchewan’s Athabasca basin, from the Fond Du Lac Denesuline First Nation.
Aldershot’s Quebec Uranium Search Garners Mixed Reviews
Vancouver — Aldershot Resources (ALZ-V, ALZTF-O) says it’s considering holding town hall meetings in southwestern Quebec to respond to allegations that its activities may be infringing on the rights …
Astral Trenches High-Grade Gold at Jumping Josephine
Vancouver — Wide, high-grade gold values from a second-phase trenching program on the Jumping Josephine (JJ) project in southeastern B.C.’s Rossland-Republic trend gave Astral Mining (AST-V, ASMGF-O)…
Verena Pulls Gold at Volta Grande
Verena Minerals (VML-V) has intersected gold mineralization in a new drill hole at the Grota Seca East zone on its Volta Grande property in Para state, Brazil.
TSX Venture Exchange December 21-29
In wrapping up a banner year for commodity prices, the junior mining-dominated TSX Venture Composite Index closed 2006 on a rally, surging 140.8 points, or almost 5%, to 2,987.08 over the holiday shor…
U.S. Markets December 21-29
As stock markets in the United States paused to mark the death of former president Gerald Ford, investors were left to wonder whether or not the gains that sent the Dow Jones Industrial Average to a s…
Brilliant Sees New Nickel Zone Develop at Lanfranchi
Vancouver — Underground drilling on the newly discovered Deacon zone at Brilliant Mining’s (BMC-V) Lanfranchi mine joint venture in Western Australia’s Kambalda region has cut additional high-grade n…
Cons Gold Win Likes the Look of South Dolly Varden Core
Vancouver — Before even finishing the first drill hole on its South Dolly Varden gold-copper project in Elko Cty., Nev., Consolidated Gold Win Ventures (CGW-V, CGWVF-O) felt compelled to share visual…