Entre takes the long view in Mongolia
Ulaanbaatar — The introduction of windfall taxes on gold and copper last spring coupled with talk of government earn-ins on “strategic” deposits stopped many foreign exploration companies in Mongolia…
Copper
New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
Starfield advances Ferguson Lake (November 27, 2006)
Vancouver — In wrapping up its 2006 drilling program at the Ferguson Lake copper-nickel-platinum group metals project located 240 km west of Rankin Inlet, Nunavut, Starfield Resources (SRU-V, SRFDF-O…
Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
Bell taps copper at Sombrero Butte
Vancouver — Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Ariz., has delivered a wide copper-mineralized interval.
Canadian Royalties expands Ivakkak (November 27, 2006)
Drilling this past field season by Canadian Royalties (CZZ-T, CRYAF-O) at the Ivakkak deposit on the Ungava peninsula of northern Quebec has indicated a longer and deeper mineralized zone.
Metallica, Xstrata upgrade El Morro copper-gold resource (November 27, 2006)
Metallica Resources (MR-T, MRB-X) has announced a substantial upgrading of its La Fortuna copper-gold deposit at its El Morro project in Chile.
Fronteer grabs 17.4% stake in Latin American Minerals
Vancouver – Calling it a strategic investment, Fronteer Development Group (FRG-T, FRG-X) has taken down a private p…
Freeport and Phelps set to become world’s copper giant
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N…
Gold Reach Cuts Wide Copper at Seel
Vancouver — Gold Reach Resources (GRH-V, GRHFF-O) delivered a strong copper intercept from its Seel project, located about 120 km southwest of Houston, B.C., prompting a trading flurry in the junior …
Imperial Metals Pulls Plug on Hostile Offer for bcMetals
Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.
Murgor to Take On HudBay Properties
Montreal junior Murgor Resources (MUG-V, MUGRF-O) has signed a set of agreements with HudBay Minerals (HBM-T, HBMFF-O) to earn an interest in four massive sulphide prospects in the Flin Flon and Snow …