Strike averted at Teck Cominco’s Highland Valley mine
Vancouver – With the help of a mediator, Teck Cominco (TCK.B-T, TCK-N) and Local 7619 of the United Steel Workers o…
News
Toronto Stock Exchange – September 19-25
A pullback in all the resource sectors hit the Toronto Stock Exchange during the reporting period Sept. 19-25, so that even with financials and real estate stocks on the upswing the TSX Composite Inde…
TSX Venture Exchange – September 19-25
Despite a modest lift in metal prices, investors continued their sell-off of junior explorers over the Sept. 19-25 trading session, depressing the S&P-TSX Venture Composite Index by almost 6%. The…
U.S. Markets – September 19-25
Weakness in the housing market took its toll on resource-based stocks over the report period Sept. 19-25, with the 10 most-active stocks all losing ground. The Standard & Poor’s 500 Index managed…
De Beers Disposes of Interest in Saskatchewan Diamond Play
De Beers, the world’s leading diamond player, is selling its entire 42.25% interest in the Fort la Corne (FalC) diamond project in Saskatchewan to Shore Gold (SGF-T, Shgdf-O) for $180 million in cas…
Denison to Take Over IUC
Denison Mines (DEN-T, DNMIF-O) plans to move back into the mid-tier of uranium producers through a friendly merger with International Uranium (IUC-T, IUCPF-O)….
Volta Power Cuts to Hit Gold Mines
Low water levels in the Volta River system have led the Ghanaian power generation agency, the Volta River Authority, to begin a program of load management that includes some power cuts to users, inclu…
NovaGold Thwarted in Attempt to Block Barrick Bid
Vancouver — NovaGold Resources (NG-T, NG-X) was dealt a blow recently, when the U.S. District Court of Alaska declined to grant a preliminary injunction that would temporarily suspend Barrick Gold’s…
New World Cuts Higher Grades at Lipea
Vancouver — The second and third holes by New World Resource (NW-V, NWFFF-O) at the Lipea project in southwestern Bolivia indicate a wide zone of higher-grade copper-gold mineralization….
Anatolia Recharges Treasury for Cpler
Vancouver — Anatolia Minerals Development (ANO-T, ALIAF-O) has lined up a $61.5-million financing to fund development of its pler gold project, located about 500 km east-southeast of Ankara in Turk…
Delay Dehcho Plan, Says PDAC
COMMENTARY…
Suppliers News (October 02, 2006)
CVRD shipping more iron to China…