Inco, Steelworkers reach tentative deal (May 29, 2006)
Eleventh-hour talks between Inco (N-T, N-N) and United Steelworkers (USW) locals 6500 and 6200 have delivered a ten…
Canada
Nova Scotia enjoying gold revival
It’s dj vu all over again in Nova Scotia, with Acadian Gold (ADA-V, ADGLF-O) following in the footsteps of Seabright Resources by putting together a large land package of gold projects and doing a d…
Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Major financings continue to roll (May 29, 2006)
Vancouver — Abundant cash remains readily available to mineral explorers and developers in this resilient resource market, as evidenced by a quintet of recent financings….
Royalties tables scoping study for Raglan South (May 29, 2006)
Quebec-based nickel explorer Canadian Royalties (CZZ-T, CRYAF-O) plans a full feasibility study on its Raglan South nickel-copper deposits in the Nunavik (Ungava) region of Quebec following a prelimin…
AngloPlats continues commitment at Pacific North West’s River Valley
Vancouver — With the platinum price hitting new record highs and palladium rallying to a more than 5-year high, Pacific North West Capital (PFN-T, PAWEF-O) has received notice from joint-venture part…
Coal and copper fuel BC’s mining boom
Vancouver — Price increases for metals and mineral commodities propelled British Columbia’s mining industry to its best performance in the 38-year history of an industry survey compiled by the accoun…
Agnico-Eagle expands as costs fall
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets with the announcement that it will go ahead with its LaRonde II project in northwestern Quebec….
Goldcorp ready to develop Canada’s newest gold camp
Vancouver — With grades and production starting to slip at the Red Lake gold mine in northwestern Ontario, Goldcorp (G-T, GG-N) is stepping up the pace of exploration at its newly acquired lonore g…
Osisko extends Canadian Malartic mineralization (May 29, 2006)
Abitibi explorer Osisko Exploration (OSK-V, OSXLF-O) has finished off another phase of drilling at the Canadian Malartic gold project south of Malartic, Que., with indications of more mineralization t…
EKATI snubs union’s proposal
EKATI Diamond Mine says the latest offer from the union doesn’t meet the “flexibility requirements” it needs to ope…
Red Lake, Campbell see layoffs (May 26, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning…