First Quantum hopes to acquire Scandinavian Minerals
First Quantum Minerals (FM-T, FQM-L) plans to pick up Scandinavian Minerals (SGL-T) and its giant nickel deposit in…
2008
Ivanhoe sells Jinshan stake
Ivanhoe Mines (IVN-T, IVN-n) is selling its controlling 42% stake in Jinshan Gold Mines (JIN-T, JINFF-o) to a Chinese gold-mining conglomerate, giving Jinshan powerful new owners with deep pockets and…
Teck Cominco to buy Global Copper
Vancouver — In a deal valued at $425 million, Teck Cominco (TCK. B-T, TCK-n) is buying out Global Copper (GLQ-T, GOCPF-o) to get its hands on the Relincho project — an Andean porphyry-style copper-m…
Perseverance pays for Equinox at Lumwana
SITE VISIT Solwezi, Zambia — At Equinox Minerals’ (EQN-T, EQMIF-o) Lumwana copper project in northwestern Zambia, it’s all about scale and perseverance. “This is an earth-moving operation, more than a…
Canadian Gold Hunter on the prowl in Mexico, BC
VANCOUVER–The Caballo Blanco gold project in Veracruz, Mexico, is returning promising results for Canadian Gold Hunter (CGH-V).
GFMS: Economic uncertainty will drive gold to record levels
The positive climate for gold investment will continue until late 2008 and quite likely into the first half of 2009, according to GFMS, the London-based precious metals research consultancy.
Japan teams with Aussie junior in Cambodia (April 21, 2008)
A Japanese government-run company has agreed to spend US$4.5 million over three years on two of Southern Gold’s (SUTHF-O, SAU-A) Cambodian exploration projects.
Hunter Dickinson, Goldbrook, team up
The Raglan district’s largest landholder, Goldbrook Ventures (GBK-V, GBKVF-O), is set to share its sizable swath of territory in northern Quebec with mining stalwart Hunter Dickinson.
PDAC offers first aid courses
The Prospectors and Developers Association of Canada has organized two wilderness first aid courses for explorers.
Uranium not so hot with Labrador Inuit
The week ended April 12, the 15th trading week of 2008, was punctuated by a setback for uranium explorers in Canada, as the Labrador Inuit government banned uranium mining for three years on the Labra…
Rockcliff drills copper-zinc at Rail property
Rockcliff Resources (RCR-V) has completed the first phase of drilling at the Rail base metal property, part of its Snow Lake project in central Manitoba. A total of 5,870 metres in 27 holes have been …
INTERNATIONAL QUOTES (April 21, 2008)
Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…