Editorial: We’ll think no more of Inco. . .
October marked the beginning of a new era for Canadian mining, with the absorption of the iconic Canadian nickel miner Inco into the Brazilian base metals behemoth, Companhia Vale do Rio Doce.
News
Rio Narcea picks up Chariot shares from Amerigo (November 06, 2006)
Taking a turn away from its usual stomping grounds in Spain and North Africa, Rio Narcea Gold Mines (RNG-T, RNO-X) is buying 31.8 million shares and 11.5 million warrants of Peru-focused base metal ex…
Agnico sets earnings benchmark
High prices for its byproducts saw gold production costs on the decline for Agnico-Eagle Mines (AEM-T, AEM-N), fuelling record third-quarter earnings for the Toronto-based company.
Discovery adds lustre to Linear Gold’s Ixhuatan
Early stage drilling at the Cerro La Mina target area of the Ixhuatan property in Chiapas, Mexico, is returning some encouraging results for Linear Gold (LRR-T, LGCFF-O).
Bolivian government to review mining laws (November 06, 2006)
A greater role for the government in the mining sector is now explicitly on the table in Bolivia, following a series of riots at the Huanuni tin mine that left 16 people — mine employees and miners f…
Rainy River pulls wide high-grade gold intercepts
Vancouver – Rainy River Resources (RR-V, RRFFF-O) has turned in a number of significant drill intercepts from its n…
Barrick’s profits up
Barrick Gold (ABX-T, ABX-N) reported substantially higher third quarter profits of US$405 million (US$0.46 per shar…
Cumberland lines up $86.9-million financing
Vancouver – Cumberland Resources (CLG-T, CLG-X) has arranged an $86.9-million bought-deal financing earmarked for d…
Aquila finds more sulphides
Drilling by Aquila Resources (AQA-V) at the Back Forty project in Menominee Cty., Michigan, has intersected gold an…
Belahouro numbers positive
Goldbelt Resources (GLD-V, GLDDF-O) is ready to start pre-production work at its Belahouro project in north-central…
Taseko tables bid for bcMetals
Vancouver – Taseko Mines (TKO-T, TGB-X) has waded into the foray to acquire bcMetals (C-V, BMTLF-O), intending a $1…
Alexco’s silver intersects in the Yukon
Assay results from Alexco Resource’s (AXR-T) Keno Hill project in the Yukon sent the Vancouver-based company’s shar…