Probe shares down on McFauld’s west results
Probe Mines (PRB-V) shares plunged 47% today after the company reported that drill results from its McFauld’s West …
Canada
Largo bets on hunger for Yukon tungsten
SITE VISIT TESLIN, YUKON–“If China’s hoarding their tungsten, where does Japan go?” Tim Mann, Largo Resources’ (LGO-V, LGORF-O) vice-president of engineering, asks a small gathering of drillers, geotechs and media…
Brookbank turns golden for Ontex
VANCOUVER–It’s been slow going at the Brookbank gold project in Ontario, but patience is a virtue for Ontex Resources (ONT-T, OXRSF-O): the latest set of assay results from the site include some of t…
First blush numbers look good for Tyhee
Tyhee Development’s (TDC-V, TYHJF-O) Yellowknife gold project in the Northwest Territories should post a pre-tax internal rate of return of 21.3% and a pre-tax net present value (NPV) of US$145 millio…
Copper Mountain weighs 2010 reopening of B. C. mine
Restarting a past-producing copper and precious metals mine in southern British Columbia looks more and more likely for Copper Mountain Mining (CUM-V).
Teck to buy Fording for US$14.1B
In a move that will give it added exposure to rising metallurgical coal prices, Teck Cominco (TCK. B-T, TCK-N) has made a friendly US$14.1- billion bid for Fording Canadian Coal Trust (FDG. UN-T, FDG-…
Imperial gets Sterling drill results
Vancouver Imperial Metals (III-T) is breathing fresh air into the past-producing Sterling mine, 185 km northwest …
Old holes, new results for Augen
Old core from a previous owner has proven to be a boon to Augen Gold’s (AUJ-V) share price. The company, which co…
Goldcorp in $1.5B friendly takeover of Gold Eagle Mines
The pace of takeovers in the mining sector is accelerating. The latest move sees heavyweight Goldcorp (G-T, GG-N), …
Serengeti expands Kwanika (July 31, 2008)
Vancouver – With the release of 12 more drill results from a 59-hole 2008 campaign at its Kwanika property, about 2…
Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
Hudbay down with lower zinc prices
Lower zinc prices took their toll on HudBay Minerals (HBM-T) second quarter earnings.The company’s results showed…