Plot thickens in battle for Inco
Brazilian iron ore giant Companhia Vale do Rio Doce (CVRD) (RIO-N) has turned up the heat in the battle for control of Inco (N-T, N-N) with an all-cash bid of $86.00 per share….
Canada
Falco concedes
A year-long quest is finally coming to an end for Xstrata (XSRAF-O, XTA-L, with Falconbridge’s (FAL-T, FAL-N) board of directors effectively handing over the reins of the iconic Canadian mining compan…
Alcan to invest US$1.8B in Kitimat
A proposal by Alcan (AL-T, AL-N) to invest US$1.8 billion on a modernization program at its aluminum smelter in Kitimat, B.C., is getting a cool reception from community leaders who believe the compan…
Teck tosses the towel
Teck Cominco (TCK.A-T, TCK-N) has officially thrown in the towel in the fight for Inco (N-T, N-N) after failing to …
Fronteer reports four new discoveries at Kirazli
Vancouver – The recent discovery of four new high-grade zones outside known resources at the Kirazli gold-silver p…
Teck’s sweetener sours
Teck Cominco (TCK-A-T, TCK-N) has effectively bowed out of the heated bidding war for Inco (N-T, N-N), having faile…
Areva-UEX cut more high-grade uranium at Shea Creek
Vancouver – Results from the final two holes of the 2006 Winter-Spring drill program by Areva Resources Canada, a s…
ESO Uranium hits Ontario gold
ESO Uranium (ESO-V) hit its most significant gold intersect on the last hole of a drill phase at its Mikwam claims …
Falco greenlights Perseverance zinc mine in Quebec
In that same week that new head honcho Mick Davis and his Xstrata (XTA-L) executives dropped into the Toronto head …
MetalCORP hits high-grade intersect but stocks fall
For the second time in less than a month MetalCORP (MTC-V) has released what it thought was positive, stock driving…
NovaGold rebuffs Barrick and extends bid for Pioneer
Vancouver – NovaGold Resources (NG-T, NG-X) has filed a lawsuit alleging that Barrick Gold (ABX-T, ABX-N) “misused…
Aurora drills wide uranium at Michelin
Vancouver — Drilling on Aurora Energy Resources’ (AXU-T, AUEGF-O) Michelin deposit in the Central Mineral Belt of coastal Labrador has intersected a number of wide, higher-grade uranium intervals….