YGC taps bonanza-grade gold at Ketza River
Vancouver – Drilling on the Manto zone at YGC Resources’ (YGC-T, YGCFF-O) Ketza River project in the Yukon has tied…
Canada
Court battle brings native land rights to fore
A conflict over land in northern Ontario that has seen a junior explorer launch a $10-billion lawsuit against a First Nations community could have major implications for the mining industry, including…
BHP to go ahead with Koala (July 10, 2006)
Fresh from the startup of underground mining at the Panda kimberlite on its Ekati diamond property in the Northwest Territories, BHP Billiton (BHP-N, BLT-L) has announced a production decision for an…
Goldcorp increases stake in Eastmain (July 10, 2006)
Vancouver — Goldcorp (G-T, GG-N) has boosted its interest in Eastmain Resources (ER-T, EANRF-O) by way of a $3.4-million private placement in the Quebec-focused junior….
Agnico-Eagle goes international
Kittil, Finland — It is an ocean away and 6,000 km northeast of LaRonde, Que., but with pine forest-covered hills and a pro-mining government presiding over a nation of highly skilled, hockey-loving…
Inco-Falco union tipped, Xstrata tripped (July 10, 2006)
The European Commission has granted approval for Inco’s (N-T, N-N) proposed acquisition of Falconbridge (FAL-T, FAL-N) after agreeing to the pair’s recently inked deal to sell Falco’s high-grade Nikke…
Northgate withdraws bid for Aurizon
Vancouver – The British Columbia Court of Appeal has upheld an injunction prohibiting Northgate Minerals (NGX-T, N…
Xstrata extends unsweetened bid, Teck gets EC approval
Xstrata (XSRAF-O, XTA-L) has extended its bid for the 80% of Falconbridge (FAL-T, FAL-N) it doesn’t already own by …
Preliminary economics on Marathon positive (July 05, 2006)
A preliminary economic assessment of the Marathon copper-palladium-platinum deposit in the Coldwell intrusive compl…
Inco-Falco union tipped, Xstrata tripped (July 04, 2006)
The European Commission has granted approval for Inco’s (N-T, N-N) proposed acquisition of Falconbridge (FAL-T, FAL…
Phelps Dodge adds twist to four-way battle
Phoenix, Ariz.-based copper giant Phelps Dodge (Pd-N) has emerged as a white-knight bidder for both Inco (N-T, N-N) and Falconbridge (Fal-T, Fal-N), with the trio unveiling plans for a three-way merge…
The world rediscovers nuclear
There’s a buzz about nuclear energy at the moment that hasn’t been felt since the 1970s, and it’s positive….