Canadian juniors look to light a fire in Jalisco
SITE VISIT Ameca, Jalisco, Mexico — When talk turns to Mexican mining, Jalisco doesn’t have the historical cachet of Durango or the copper-fed importance of Sonora. But this state on…
Copper
Far West’s Santo Domingo Sur to benefit from Salvador closure
SITE VISIT Diego de Almagro, Chile — Vancouver-based exploration company Far West Mining (FWM-T, FWMLF-O) will update the resource estimate for its Santo Domingo copper property in Chile’s Region III…
Lonmin buys into Wallbridge (June 18, 2007)
Lonmin (LNMIF-O, LMI-L) has agreed to take a private placement that could give it an 18% shareholding in Wallbridge Mining (WM-T, WLBMF-O), and cements an existing alliance in the Sudbury camp.
African Copper cuts mineralization on Matsitama project (June 18, 2007)
Delineation drilling by African Copper (ACU-T, ACU-L) has cut several long intersections of copper mineralization on the Thakadu copper prospect, part of the company’s Matsitama property in northeaste…
Romios dumps Copper Canyon
Vancouver — Citing project valuation concerns, management of Romios Gold Resources (RG-V, RMIOF-O) has decided against a planned merger with Copper Canyon Minerals (CPY-V, CAYRF-O) that would have se…
Canadian Zinc sees Prairie Creek vein widen to north
Vancouver — Underground drilling by Canadian Zinc (CZN-T, CZICF-O) on its Prairie Creek zinc-lead-silver deposit in the Mackenzie Mountains region of western Northwest Territories is returning a numb…
Millstream intersects more sulphides (June 18, 2007)
A new drill hole on the Potter massive sulphide deposit near Matheson, Ont., has intersected more sulphide mineralization.
Linear’s Cobre Grande proving itself worthy of name (June 18, 2007)
Vancouver — Linear Metals (LRM-V, LMTCF-O) is showing its Cobre Grande or “great copper” site in Oaxaca, Mexico, is worthy of its name, with the latest drill effort cutting high-grade copper along wi…
Peru Copper endorses $840M Chinese bid
Vancouver — Management of Peru Copper (PCR-T, CUP-X) has thrown its support behind a friendly $6.60-per-share takeover offer by Beijing-based Aluminum Corp. of China (ACH-N) (Chinalco).
Aur officially opens Duck Pond
With concentrate production well under way, and an official opening ceremony under its belt, mid-tier copper miner Aur Resources (AUR-T, AURRF-O) is off to a good start at its new, wholly owned Duck P…
Sherwood’s drilling shows Minto’s potential
Vancouver — Stepout drilling around Sherwood Copper’s (SWC-V, SWOPF-O) Minto mine in the Yukon — scheduled to begin production in the third quarter — has returned significant copper-gold mineraliza…
Geodex readies for Sisson scoping study
Geodex Minerals (GXM-V, GXMLF-O) has contracted for a preliminary economic analysis on the Sisson Brook tungsten-molybdenum- copper deposit in central New Brunswick.