Noront plans underground sampling at Windfall
In a bid to get better information about the morphology and grade of the Windfall gold deposit in Urban Twp., north…
News
High-grade nickel hole launches Starfire (January 02, 2007)
Vancouver – A hot drill intercept from its Langmuir nickel project near Timmins has given Starfire Minerals (SFR-V,…
Asia Now starts drilling at Habo project in China
With the close of southern China’s rainy season, Asia Now Resources (NOW-V) has begun a 1,000-metre drill program a…
Inco slows nickel production in Indonesia
Dry weather has forced Inco (N-T, N-N) to cut weekly nickel output by about 130 tonnes at its Indonesia unit becaus…
News Roundup — Latin America
Skeena cuts higher grades at El Corazon
LME Warehouse Levels (January 01, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 21, 2006 (change from Dec. 18 in brackets):
Bear Creek adds value at Corani
With the Corani polymetallic discovery in Peru hovering just shy of 320 million oz. in an overall contained silver resource, Bear Creek Mining (BCM-V, BCEKF-O) is looking to add value by driving the p…
Glencairn works to get Nicaraguan gold projects on track
SITE VISIT Managua, Nicaragua — Toronto-based Glencairn Gold (GGG-T, GLE-X) has been growing recently, supplementing its original gold producer — the Limon mine in Nicaragua — with the La Libertad…
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.
UEX sees more high-grade uranium from Shea Creek (January 01, 2007)
Vancouver — Further high-grade uranium values were encountered in drilling by UEX’s (UEX-T, UEXCF-O) joint venture partner Areva Resources Canada on the Shea Creek project in the western Athabasca ba…