News

Venture market resumes upward trend

Renewed gains in metal prices caused the junior-resource-dominated TSX Venture Composite Index to bounce back from recent declines, moving up 4.1% or 99.37 points to close the Feb. 14-20 trading sessi…



Mitsubishi eyes slice of Kolwezi

Adastra Minerals‘ (AAA-T, AMZIF-O, AAA-L) directors have unanimously urged shareholders to reject a hostile takeover bid by First Quantum Minerals (FM-T, FQVLF-O,…


Gammon Lake CEO Brad Langille (left) and president and chairman Fred George hold a 30-kg gold dor bar from the company's first metal pour at the Ocampo gold mine in Chihuahua state, Mexico.

Gammon Lake joins producers guild

Years of land consolidation and drilling have come to a head for Gammon Lake Resources (GAM-T, GRS-X), with the first pour of gold-silver dor from its Ocampo mine in Chihuahua stat…



Metallica shares blast off (February 27, 2006)

Shares in Metallica Resources (MR-T, MRB-X) recently jumped nearly 19% to a long-time high of $3.80 after the company reported that Mexico’s Secretaria de Defensa National (Sedena)…


TSX rebounds on gold, oil rally

The Toronto Stock Exchange clawed back 346.27 points to finish the Feb. 14-20 report period at 11,865.76, with all of the precious metals, and most of the base metals staging recoveries. After plummet…


People (February 27, 2006)

Minco Mining and Metals — Heinz Frey appointed director; Roberts Tyson appointed VP of corporate development; Hans Wick retired as director….


Lonmin confirms rumours

Platinum producer Lonmin (LNMIF-O, LMI-L) has confirmed that it has been in “preliminary discussions” with a possible buyer, but did not identify the other party….




Inco-Falco nuptials delayed

Inco (N-T, N-N) has for a third time extended its friendly takeover bid for Falconbridge (FAL.LV-TO, FAL-N), this time by four months to the end of June….


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