Cumberland offloads Meliadine interest (October 25, 2006)
Vancouver – Deciding to focus on its key asset, the Meadowbank gold deposit near Baker Lake in eastern Nunavut, Cum…
Canada
CVRD scoops up 76% of Inco, extends offer (October 24, 2006)
Brazil’s Companhia Vale do Rio Doce (RIO-N) is reporting that 174,623,019 shares of Inco (N-T, N-N) have been depos…
Cameco’s Cigar Lake suffers major setback
Vancouver – Mine development at Cameco’s (CCO-T, CCJ-N) 50%-owned Cigar Lake uranium project in the Athabasca Basin…
Teachers back McEwen
Rob McEwen’s efforts to force a vote by Goldcorp (G-T, GG-N) shareholders on the proposed US$8.6-billion takeover o…
Nuinsco climbs on high grade nickel concentrate
Metallurgical test results from Nuinsco Resources’ (NWI-T) wholly owned Minago deposit came in, and the news is goo…
Schaft Creek drilling returns high-grade gold for Copper Fox (October 23, 2006)
Vancouver — Partial assays from initial 2006 drilling at Copper Fox Metals’ (CUU-V, CPFXF-O) Schaft Creek project, in northwestern British Columbia, indicate a new high-grade gold zone.
Nuinsco readying estimate at Lac Rocher (October 23, 2006)
A 2,087-metre drill program at the Lac Rocher nickel prospect in northwestern Quebec should allow Nuinsco Resources (NWI-T, NUIRF-O) to put together a resource figure for the zone it discovered in 199…
First Metals heading underground at Fabie
The province of Quebec has issued a permit to First Metals (FMA-T) to extract a 50,000-tonne bulk sample from the Fabie Bay copper deposit in northwestern Quebec, allowing quick feasibility work on th…
Beacon mill sold
Northern Star Mining (NSM-V, NSMSF-O) continues its garage-sale prowl in northwestern Quebec’s Abitibi region. Having already bought a bargain headframe and hoist for its underground operation at Midw…
When it rains it pours in Pine Valley
The list of problems for junior coal-producer Pine Valley Mining (PVM-T, PVMCF-O) is long: a washplant with poor recoveries; a pit with more oxidized coal than expected; and a loan agreement that coul…
Editorial: McEwen’s right, but does anyone still care?
While Rob McEwen and Ian Telfer are two of mining’s most successful CEOs, you couldn’t get more pronounced differences in personality and style, with McEwen, the obsessive maverick, embodying the clas…
Strike averted at Teck’s Highland Valley
Vancouver — Teck Cominco (TCK.B-T, TCK-N) and Local 7619 of the United Steelworkers of America have averted a strike at the Highland Valley copper mine, 60 km southwest of Kamloops, B.C., with worker…