Yamana turns hedger
Capitalizing on record copper prices, Yamana Gold (YRI-T, AUY-X, YAU-L) has locked in prices on production from its Chapada copper-gold project in Goias state, Brazil….
Copper
Rio Blanco takes shape
Early progress on a final feasibility study for the Rio Blanco copper-molybdenum project in northern Peru proposes mining the deposit at 25 million tonnes annually….
FNX sizes up Podolsky (June 05, 2006)
Junior nickel miner FNX Mining (FNX-T, FNX-X) has tabled a resource estimate for the 2000 and North polymetallic deposits on its Podolsky property, situated in the northeastern portion of Ontario’s Su…
Phoenix Matachewan explores for VMS deposits at Steel River
Vancouver — Starting with a high-precision, deep-penetrating airborne electromagnetic and magnetic geophysical survey, Phoenix Matachewan Mines (PMM-V, PXMMF-O) has launched an exploration program ai…
Yellowhead to drill Harper Creek
Vancouver — Along with a proposed financing to raise up to $10 million and become a publicly traded company later this year, Yellowhead Mining is planning a spring exploration program at its newly ac…
First Nickel extends Lockerby
Shares in First Nickel (FNI-T, FNKLF-O) jumped 18% to $1.18 in heavy morning trade in Toronto on May 29, after the junior producer reported some high-grade extensions to the producing Depth zone at th…
Mongolian president says yes to tax
Vancouver — Mongolian President Nambaryn Enkhbayar has opted for the populist course and declined to veto the recently tabled windfall profits tax aimed at copper and gold producers in the central As…
Kansanshi gets sweeter
Production from the Kansanshi copper mine in the North-Western province of Zambia has come along just in time for First Quantum Minerals (FM-T, FQVLF-O), which posted net earnings of US$54.8 million (…
Drilling defining sulphides at Ming
A directional drilling program at the Ming massive sulphide deposit in north-central Newfoundland is showing th…
Int’l Barytex cuts high-grade copper at Shituru (May 30, 2006)
Vancouver – A couple of hot step-out holes at International Barytex’s (IBX-V) Shituru project, near Likasi, Democra…
First Nickel jumps on Lockerby extensions
Shares in First Nickel (FNI-T, FNKLF-O) jumped 18% to $1.18 in heavy morning trade in Toronto on May 29, after the …
Royalties tables scoping study for Raglan South (May 29, 2006)
Quebec-based nickel explorer Canadian Royalties (CZZ-T, CRYAF-O) plans a full feasibility study on its Raglan South nickel-copper deposits in the Nunavik (Ungava) region of Quebec following a prelimin…