Pure Gold and De Beers ink “High Arctic” diamond deal
Vancouver – With a new president at the helm and a financing in the works, Pure Gold Minerals (PUG-T) has signed a…
2006
Xstrata brings the green (May 17, 2006)
Surprising few, Xstrata (XSRAF-O, XTA-L) has launched a $16.1-billion, all-cash bid for the 80.2% stake in Falconbr…
The newest kid on the copper block
Even the falling price of copper didn’t deter investors, analysts and the simply curious from filling a conference …
Osisko extends Canadian Malartic mineralization (May 16, 2006)
Abitibi explorer Osisko Exploration (OSK-V) has finished off another phase of drilling at the Canadian Malartic gol…
Editorial: Teck Cominco’s bid for Inco shakes up industry
Noranda’s friendly takeover of Falconbridge last year had felt inevitable to most of us for years before its announ…
Xstrata takes Tintaya
Swiss-based miner Xstrata (XSRAF-O, XTA-L) has agreed to buy the Tintaya copper mine in central Peru from Anglo-Aus…
Goldcorp triples Q1 net earnings despite lower production from Red Lake
Vancouver – Robust metal prices and the strong performance of the Alumbrera gold-copper mine allowed Goldcorp (G-T…
Rosebel suffers strike, occupation
Shares in Cambior (CBJ-T, CBJ-X) were off 15, or nearly 4%, at $3.70 in mid-afternoon trading in Toronto on May 12…
Mongolia drops a bombshell with new mining tax
Vancouver – From left field and late on a Friday night, Mongolia’s Parliament shocked western mineral explorers by …
Second phase of bulk-sampling yields more diamonds at Star
Vancouver – A second-phase underground bulk-sampling program has been completed at the Star diamond project near P…
Inco throws Falco a fin (May 15, 2006)
Inco (N-T, N-N) has boosted the cash portion of its friendly cash-and-scrip offer for Falconbridge (FAL.LV-T, FAL-N…
Balmat floats first zinc
HudBay Minerals (HBM-T) has produced the first zinc concentrate from the reopened Balmat mine in upstate New York….