Aurora drills wide uranium intercepts at Michelin
Vancouver — Drilling on Aurora Energy Resources’ (AXU-T, AUEGF-O) Michelin deposit in the Central Mineral Belt of …
Canada
Phelps’ bid clears U.S. hurdle
Phelps Dodge’s (PD-N) has received early U.S. antitrust clearance for its proposed US$40-billion acquisition of Inc…
Tumbler Ridge coal properties consolidated
A deal between Anglo American (AAUK-Q, AAL-L, AGL-J) subsidiary Anglo Coal Canada, Hillsborough Resources (HLB-T) a…
Xstrata raises the stakes (July 11, 2006)
After taking a few days to root around in its pocketbook, Xstrata (XSRAF-O, XTA-L) has boosted its all-cash bid for…
YGC taps bonanza-grade gold at Ketza River
Vancouver – Drilling on the Manto zone at YGC Resources’ (YGC-T, YGCFF-O) Ketza River project in the Yukon has tied…
Court battle brings native land rights to fore
A conflict over land in northern Ontario that has seen a junior explorer launch a $10-billion lawsuit against a First Nations community could have major implications for the mining industry, including…
BHP to go ahead with Koala (July 10, 2006)
Fresh from the startup of underground mining at the Panda kimberlite on its Ekati diamond property in the Northwest Territories, BHP Billiton (BHP-N, BLT-L) has announced a production decision for an…
Goldcorp increases stake in Eastmain (July 10, 2006)
Vancouver — Goldcorp (G-T, GG-N) has boosted its interest in Eastmain Resources (ER-T, EANRF-O) by way of a $3.4-million private placement in the Quebec-focused junior….
Agnico-Eagle goes international
Kittil, Finland — It is an ocean away and 6,000 km northeast of LaRonde, Que., but with pine forest-covered hills and a pro-mining government presiding over a nation of highly skilled, hockey-loving…
Inco-Falco union tipped, Xstrata tripped (July 10, 2006)
The European Commission has granted approval for Inco’s (N-T, N-N) proposed acquisition of Falconbridge (FAL-T, FAL-N) after agreeing to the pair’s recently inked deal to sell Falco’s high-grade Nikke…
Northgate withdraws bid for Aurizon
Vancouver – The British Columbia Court of Appeal has upheld an injunction prohibiting Northgate Minerals (NGX-T, N…
Xstrata extends unsweetened bid, Teck gets EC approval
Xstrata (XSRAF-O, XTA-L) has extended its bid for the 80% of Falconbridge (FAL-T, FAL-N) it doesn’t already own by …