Nico Feasibility Positive
A full feasibility study on the Nico gold-cobalt-bismuth deposit in the Northwest Territories has shown favourable economics, so owner Fortune Minerals (FT-T) is planning production in 2010.
Canada
Saskatchewan Potash Mine Not Threatened by Flood: Mosaic
Vancouver — U.S. fertilizer giant The Mosaic Co. (MOS-N) has moved to ease concerns that a flooding problem may threaten to disrupt production at its Esterhazy, Sask., operation which ranks among the…
Happy Creek Disappoints
Penny junior Happy Creek Minerals (HPY-V) saw its share price fall off a table recently, after releasing drill results from its Rateria copper property in southern B.C.
First Narrows Cuts More Chester High-Grade
Vancouver — Resource definition drilling by First Narrows Resources (UNO-V, FNRWF-O) on its Chester project in New Brunswick’s Bathurst mining camp continues to deliver wide, high-grade copper interc…
Teck Cominco Mulling Options for Gold Assets
Vancouver — With about 50% of its exploration budget devoted to copper, Teck Cominco (TCK.B-T, TCK-N) is mulling over what to do with its gold operations, and will likely make a decision once its Pog…
Imperial Gets a Leg Up on Taseko in bcMetals Tussle
Vancouver –Imperial Metals (IPMLF-O, III-T) may have delivered the knockout punch in the battle to acquire bcMetals (C-V, BMTLF-O), raising its previous bid by 20 to $1.70 a share.
Lake Shore Consolidates Around Timmins
Lake Shore Gold (LSG-T, LSGGF-O) has moved into the fast lane in its drive to go from junior explorer to gold producer.
Cigar Lake delay leaves uranium market in limbo
Vancouver – The global uranium market is expected to remain in limbo as it waits for the worlds leading producer C…
Aur Resources doubles net income in 2006
Aur Resources (AUR-T) production may have dropped in 2006 but a spike in copper prices allowed the company to more…
Cigar Lake report due next month: Cameco
Vancouver – Uranium giant Cameco (CCO-T) posted sharply lower fourth-quarter profits due to problems at its Cigar L…
Northern Star to drill 30,000 metres at Midway-Malartic
Northern Star Mining (NSM-V) will begin a 30,000-metre drill program at its Midway-Malartic gold project near Val-d…
Candorado keeping itself busy in B.C.
Candorado Operating (CDO-V) continues on its shopping spree in B.C. as it is now buying eight additional properties…