News


Metallica in $30M bought deal

Vancouver — Metallica Resources (MR-T, MRB-X) has arranged a $30-million bought-deal financing that will allow it to continue development of its Cerro San Pedro gold-silver project in Mexico, as well…


UBS ups targets for Ivanhoe shares

Vancouver — Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper project in Mongolia is likely to be much larger than previously planned now that Rio Tinto (RTP-N, RIO-L) is involved, according to…


More copper at Sombrero Butte

Vancouver — Continuation of Bell Resources’ (BL-V, BZRSF-O) phase 1 drilling has hit some higher-grade copper zones at its Sombrero Butte project in Pinal Cty., Ariz.



Xstrata Nickel invests $5M in CEMI

Xstrata Nickel has invested $5 million in the Centre for Excellence in Mining Innovation (CEMI) at Laurentian University in Sudbury, Ont.



People (January 01, 2007)

Alma Res. — Jag Bal appointed president and director; Lawrence Talbot resigned as president but remains a director; Art Soregaroli appointed to advisory board.


Woodlawn prefeasibility under way

Metallurgical testing and engineering and design work for the Woodlawn base metal project in New South Wales, Australia, is under way.





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