Vaaldiam starting diamond production in Brazil in New Year
Vaaldiam Resources’ (VAA-T) new diamond recovery plant at the Duas Barras deposit in Minas Gerais, Brazil should be…
News
Consolidated Thompson looks to consolidate
Consolidated Thompson Iron Mines (CLM-V) may be looking to consolidate iron ore projects along the Quebec and Labra…
Skye falls on $80 million offering news
Vancouver – News that Skye Resources (SKR-T) is planning to kickstart development of its Fenix nickel project in Gu…
UEX sees more high-grade uranium from Shea Creek (November 21, 2006)
Vancouver – Further high-grade uranium values were encountered in drilling by UEX Corporation’s (UEX-T, UEXCF-O) jo…
Western Goldfields buys fleet for California mine
Now that US$60.9 million in fleet equipment has been ordered for the Mesquite gold mine in Imperial County, Califor…
Freeport and Phelps set to become world’s copper giant
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N…
Lake Shore boosts Timmins West resource
Vancouver – Lake Shore Gold (LSG-T, LSGGF-O) delivered a significant resource increase at its Timmins West project …
Norilsk buys OMG’s nickel business
Cleveland-based OM Group (OMG-N) has decided to sell its nickel business for US$408 million to Russia’s Noril…
Aurelian Gold Discovery Takes Centre Stage
Viewed as a prime takeover target, Aurelian Resources (ARU-V, AUREF-O) is capitalizing on a share price that is approaching $40 and the strength of a new, potentially “world-class” discovery in Ecuado…
Canadian Mining Hall of Fame Adds Four More
Four new members will officially join the esteemed ranks of the Canadian Mining Hall of Fame at its 19th annual dinner and induction ceremony on Thursday, Jan. 18, 2007, in the Canadian Room of the Fa…
Lundin Eyeing Growth in Iran
Vancouver — Despite the obvious political risks, Lundin Mining (LUN-T, LMC-X) is eyeing a massive zinc deposit in Iran as it bids to join the ranks of the world’s leading base metal producers.
Iceberg Proves Diamond-Bearing but Shows Low Count
Despite disappointing microdiamond counts from the newly discovered Iceberg kimberlite, Indicator Minerals (IME-V, IMEEF-O) remains enthusiastic about the potential of the Darby project, where some 95…