ZCCM invests US$30 million in Equinox
State-owned Zambia Consolidated Copper Mines’ 86.6%-owned subsidiary ZCCM Investments Holdings has agreed to subscr…
Africa
First Quantum sweetens Adastra bid (March 20, 2006)
It took more than two months of steadfast protestations of opportunism and inadequacy by Adastra Minerals (AAA-T, A…
Risk assessment gets revamped
Miners and lenders have a long-standing, and for the most part, mutually beneficial relationship. But according…
Xstrata posts Las Bambas resource (March 20, 2006)
Drilling through to year-end at the Las Bambas copper-molybdenum deposit in Peru has allowed Xstrata (XSRAF-O, XTA-L) to calculate a resource….
Harmony grabs piece of South Deep
Perennial shopper Harmony Gold Mining (HMY-N) has taken a 29.2% stake in fellow South African miner Western Areas (WARSF-O, WARA-J), co-owner of the South Deep underg…
UPDATE: Golden Star delays and sells
Golden Star Resources (GSC-T, GSS-X) announced a delay in financial filings and a big share sell-off on Thursday, M…
Red Back drilling confirms Abodoabo trench results (March 13, 2006)
Vancouver — The first drill holes on Red Back Mining’s (RBI-T, RBIFF-O) Abodoabo prospect, in southwestern Ghana, are substantiating previous trench results from the gold project….
Harmony grabs South Deep stake
Harmony Gold Mining (HMY-N) has taken a 29.2% stake in fellow South African miner Western Areas, co-owner of the So…
Record Q4 and 2005 earnings for First Quantum
Vancouver – Soaring copper prices drove home the bottom line for First Quantum Minerals (FM-T, FQM-L, FQVLF-O) enro…
Wading through troubled waters in Nigeria (March 09, 2006)
Bird flu, religious conflict and kidnappings of oil executives. You can forgive the average mining investor for ove…
Northwestern, North Atlantic pick up Niger ground
Two Toronto-based juniors have signed deals with the government of Niger for exploration permits in that country’s …
Adastra advances Kolwezi
A definitive feasibility study gives a hearty thumbs-up to a 2.3-million-tonne-per-year operation at the Kolwezi co…