Cumberland offloads Meliadine interest (October 25, 2006)
Vancouver – Deciding to focus on its key asset, the Meadowbank gold deposit near Baker Lake in eastern Nunavut, Cum…
News
Editorial: Russia tightening its grip on natural resources (October 25, 2006)
Foreign investors of time and money in Russia’s mining sector would do well to keep a close eye on the increasingly…
Hudson delivers more diamonds from Greenland
Vancouver – With another batch of diamonds from its Greenland drilling program, Hudson Resources (HUD-V, HUDRF-O) h…
Strike at Rio Tinto’s Rossing uranium mine
Uranium production at Rio Tinto’s (RTP-N, RIO-L) Rossing mine in Namibia, could take a hit, as workers there began …
Barrick boosts bid for NovaGold
Vancouver – Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (NG-T, N…
CVRD scoops up 76% of Inco, extends offer (October 24, 2006)
Brazil’s Companhia Vale do Rio Doce (RIO-N) is reporting that 174,623,019 shares of Inco (N-T, N-N) have been depos…
Cameco’s Cigar Lake suffers major setback
Vancouver – Mine development at Cameco’s (CCO-T, CCJ-N) 50%-owned Cigar Lake uranium project in the Athabasca Basin…
Teachers back McEwen
Rob McEwen’s efforts to force a vote by Goldcorp (G-T, GG-N) shareholders on the proposed US$8.6-billion takeover o…
Nuinsco climbs on high grade nickel concentrate
Metallurgical test results from Nuinsco Resources’ (NWI-T) wholly owned Minago deposit came in, and the news is goo…
Spot Prices Courtesy of Scotiabank Tuesday, Oct. 17, 2006
Precious Metals Price (US$/oz.) Change Gold $594.90 +17.65 Silver $11.85 +0.64 Platinum $1094.00 +10.00 Palladium $323.00 +17.00 Base Metals Price (US$/lb.) Change Nickel $15.26 +0.29 Lead $0.70 +0.03 Copper $3.44…
TSX Rights & Warrants (October 23, 2006)
Agnico Eagle Mines (AEM.WT.U) — Wt buys sh @ US$19 to Nov 14/07.
Canadian Stock Exchange Indices (October 23, 2006)
Date Oct. 16 Oct. 13 Oct. 12 Oct. 11 Oct. 10 High Low S&P/TSX-Ven Comp 2422.18 2393.35 2356.83 2343.48 2361.4 3309.90 1957.46 TSX Composite 12061.54 11908.57 11719.09 11619.14 11755.15 12494.72…