Shares of Yukon Zinc tumble after feasibility study for Wolverine
Vancouver – A newly completed feasibility study has concluded that the Wolverine deposit owned by Yukon Zinc (YZC-…
Canada
Teck targets Inco, sans Falco
With its own bid for Falconbridge (FAL.LV-T, FAL-N) hung up on regulatory reviews in the United States and Europe, …
New Cantech tables Lucky Ship moly resource (May 08, 2006)
Vancouver — A mineral resource estimate is now in hand for New Cantech Ventures’ (NCV-V, NCTVF-O) Lucky Ship molybdenum deposit, located 65 km southwest of Houston, in west-central British Columbia….
‘Business as usual’ at Ekati
Three weeks into its first-ever strike, BHP Billiton’s (BHP-N) 7-year-old Ekati diamond mine, about 300 km northeast of Yellowknife, N.W.T., appears to be holding up just fine….
Teck posts record profits
Vancouver — Teck Cominco (TEK.SV.B-T, TCKBF-O) posted net earnings of $448 million, or $2.19 per share, for the first quarter of 2006, more than double the net income of $205 million, or $1.01 per sh…
Falconbridge soars on buoyant base metals
Higher metal prices helped Falconbridge (FAL.LV-T, FAL-N) more than double its earnings during the first three months of 2006….
First Nickel, Jaguar Nickel to merge (May 02, 2006)
Junior Canadian nickel producer First Nickel (FNI-T) and failed Guatemalan nickel explorer Jaguar Nickel (JNI-T) ha…
Cameco’s earnings go nuclear
Increased uranium sales at a higher realized price saw Cameco (CCO-T, CCJ-N) more than quadruple its first quarter …
Cross Lake lines up QR mine dollars
Vancouver – Cross Lake Minerals (CRN-T, CLKMF-O) plans a significant financing, in conjunction with a share consoli…
Eloro cuts zinc at Hurdman (May 01, 2006)
A drilling program by Eloro Resources (ELO-V, ELRRF-O) at the Hurdman property, 25 km north of Smooth Rock Falls, Ont., has intersected zinc-silver mineralization along the strike extension of known m…
Cumberland makes steady gains at Meadowbank
Vancouver — When it comes to developing new mines in Canada’s North, the race is almost never to the swift, but rather to the steady. Cumberland Resources (CLG-T, CLG-X) appears to be making steady p…
Sparring partners approve FalC budget (May 01, 2006)
Despite ongoing legal wrangling, the Fort la Corne (FalC) joint-venture partners have unanimously approved a whopping $43.2-million exploration budget for their 225-sq.-km diamond project, about 60…