Adastra formally snubs First Quantum
Following a day of examination, Adastra Minerals (AAA-T, AAA-L) has again rejected a now formal takeover bid from F…
2006
Rio Tinto has big year (February 02, 2006)
Year-end financial figures from Rio Tinto (RTP-N, RIO-L, RIO-A) showed record underlying earnings in 2005.The A…
Gammon Lake joins the producers’ guild
Years of land consolidation and drilling have come to a head for Gammon Lake Resources (GAM-T, GRS-X), with the fir…
Endeavour Silver marks first year of production
Vancouver – Having entered the realm of silver producers, Endeavour Silver (EDR-V, EDRGF-O) is looking to accelerat…
Teck Cominco basks in new record profits
Vancouver Strong metal prices propelled net earnings for Teck Cominco (TEK.SVB-T) to a record $510 million in the…
Trio of financings illustrates hot market
Vancouver – A recent series of major financings serves as a good barometer of a frothy mining investment climate. U…
Phelps Dodge flashes green light for new Arizona mine
Vancouver The board of Phelps Dodge (PD-N) has given conditional approval to develop a new mine in Arizona, at es…
lonore area heats up
Spurred by Goldcorp’s (G-T, GG-N) recent vote of confidence, exploration is heating up around Virginia Gold Mines’ …
Axmin nails down permit terms for Bambari
The government of the Central African Republic has set its seal on a mining convention with Axmin (AXM-V) for the d…
Fortune to bulk-sample Nico
Fortune Minerals (FT-T) has contracted out the mining of a bulk sample from its Nico polymetallic deposit in the No…
Centerra earnings shrink on Kumtor performance (January 31, 2006)
Lower head grades at the Kumtor gold mine in Kyrgyzstan increased production costs at Centerra Gold (CG-T) in 2005,…
Tower Mountain has new resource
An initial resource calculation for the Tower Mountain gold deposit west of Thunder Bay, Ont., shows about 100,000 …