Lending Rates (December 18, 2006)
as of 4 pm ET, Dec. 8, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
News
Phelps OK’s DRC copper mine
US$650 million Cost to build Tenke Fungurume
Osisko outlines 6.5M oz at Malartic
An initial inferred resource for the Canadian Malartic gold deposit in northwestern Quebec shows a resource of around 6.5 million oz.
Lundin the real winner in decision to develop Tenke Fungurume
Commentary Chalk it up as another win for Lukas Lundin and his stable of mining companies. By committing to kickstart the massive Tenke Fungurume copper-cobalt deposit, Phelps Dodge (PD-N) has…
Editorial: Mining and CSR, Part III
In Parts I and II, we saw how three high-profile accidents at Canadian-operated mines in the mid-1990s triggered industry introspection on an unprecedented scale. This week, we conclude with today’s c…
Suppliers News (December 18, 2006)
SRK to find out age, cost of Aquarius
Gold Fields, Sino now allies
Already holding a significant stake in Australian gold producer Sino Gold (SGX-A), South African mining house Gold Fields (GFI-N, GOF-L, GOGOF-J) has taken a 6.5-million-share placement in exchange fo…
Denison eyeing further expansion with OmegaCorp bid
Vancouver — Denison Mines (DML-T, DNMIF-O), a company with deep roots in the Canadian uranium mining sector, is set to take on an entirely new profile after launching a $154-million offer for Austral…
Silver Wheaton takes a piece of Sabina
Vancouver – Aspiring Nunavut silver-zinc producer Sabina Silver (SBB-V, SBBFF-O) has secured a new major shareholde…
Verena pulls more gold at Volta Grande
Verena Minerals (VML-V) has intersected gold mineralization in a new drill hole at the Grota Seca East zone on its …
Chariot on the fast track in Peru
Chariot Resources (CHD-T) is aiming to build itself into the next mid-tier copper producer — and it’s planning to …
Aura Gold starts drilling in former gold rush area
Few garimpeiros are seen near Aura Gold’s new Cumaru project in north-central Brazil, unlike the scene from the Par…