Editor’s Picks: Top news of the week (February 16, 2007)
Acquisitions within the mid-tier sector took centre stage in the trading week ended Feb. 16, with the biggest one a…
Gold
Yorbeau finds new mineralization style
Yorbeau Resources (YRB.A-T) has discovered a new gold zone at more than 800 metres depth on the Augmitto block of i…
High grades for New Guinea Gold but no news on production
While investors still wait for production at the Sinivit project in Papua New Guinea to finally get fully under way…
Oromins Idziszek and Dragovan focus on West African gold
Vancouver – It seems like a far cry from the gold discoveries that made Oromin Explorations (OLE-V) President Che…
Agnico-Eagle bids C$710 million for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canadas North with its proposed takeover of Cumberland Resource…
Birim drills to expand gold zone on Ghana property
Montreal-based Birim Goldfields (BGI-T) recently started a nine-hole follow-up drill program at the Chert Ridge pro…
Mansfield Expands Lindero
Vancouver — Drilling by Mansfield Minerals (MDR-V, MFMNF-O) on its Lindero gold project in Salta province, northwestern Argentina, continues to encounter zones of blind, non-outcropping mineralizatio…
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.
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…
It’s All Greek to European Goldfields
European Goldfields (EGU-T, EGFDF-O) is both ramping up production and adding years to the life of its Stratoni silver-zinc-lead mine in northern Greece.
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.
Northern Peru Copper Gets Positive Prefeasibility for Galeno
Vancouver — A positive prefeasibility study for Northern Peru Copper’s (NOC-T, NPUCF-O) Galeno project in Peru’s Yanacocha district indicates good preliminary economics for an open-pit operation on t…