Bargain hunting Down Under
Reading the daily newspaper can sometimes bring big rewards.
News
Sultan launches Jersey Emerald scoping study (March 05, 2007)
Vancouver — Junior explorer Sultan Minerals (SUL-V, SLMLF-O) is taking the first steps toward reviving a former mining camp in southeastern British Columbia that once ranked among North America’s lea…
Equinox studies uranium at Lumwana
Equinox Minerals (EQN-T, EQN-A) has entered into a $175-million bought-deal financing agreement to fund the development of its Lumwana copper project in Zambia.
Xstrata, Barrick table new Kabanga resource (March 05, 2007)
It’s a deposit that’s been kicking around for decades, but seems to be getting more respect of late.
Soho Resources
Appointment Notice
Niger uranium draws interest
Vancouver — The hot uranium market has spurred explorers to broaden the global hunt for the energy metal, putting the West African country of Niger in the spotlight again.
Jaguar to be merchant bank
Vancouver — Jaguar Nickel (JNI-T, JGNKF-O) is shifting its focus from mineral exploration to merchant banking and says it hopes to create value for shareholders by making investments in undervalued c…
Copper surge creates cash for Aur Resources
Aur Resources’ (AUR-T, AURRF-O) production may have dropped in 2006, but a spike in copper prices allowed the company to more than double its net income to US$293.7 million.
Brilliant hoping to double Australian nickel mine life (March 05, 2007)
Vancouver — Brilliant Mining (BMC-V) says the discovery of a new high-grade nickel zone at the Lanfranchi mine in western Australia has the potential to double the lifespan of the operation to at lea…
Vietnamese firm buys Tiberon Minerals (March 05, 2007)
Dragon Capital Management’s takeover of Tiberon Minerals (TBR-T, TBMLF-O) has become a reality now that the majority of shareholders have accepted the $3.65-per-share offer.
Cash-rich Lundin in buying mode
Vancouver — With over US$400 million in cash, Lundin Mining (LUN-T, LMC-X) says it remains in an acquisition mode with an eye on long-life assets that it hopes to add to base metal operations in Swed…
Ontario nickel projects advance
Nickel projects in northern Ontario seem to be proceeding nicely, defying the predictions of doom vented before the takeovers of Inco and Falconbridge.