Stornoway, Rio change break fee (September 05, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L, RIO-A) have agreed to changes in their lock-up agre…
News
Anatolia recharges treasury for pler development
Vancouver – Anatolia Minerals Development (ANO-T, ALIAF-O) has lined up a $61.5-million financing to fund developme…
Nikos funds search for gold in former Soviet Union
Vancouver – A search for multi-million-ounce gold deposits in the former Soviet Union will be funded by Nikos Expl…
Blue Pearl aims for top tier of world’s moly producers
Vancouver — A US$575-million takeover of privately held Thompson Creek Metals sets the stage for Blue Pearl Mining…
Banking on Boka
Southwestern Resources (SWG-T, SWGGF-O), a junior with nine years of Chinese exploration experience under its belt, is aggressively advancing the Boka gold project in the Yunnan province of China thro…
Ashton rejects Stornoway offer
The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…
Strong retail demand offsets challenging rough diamond market
Despite difficult trading conditions in the rough diamond market during the first half of 2006, demand for diamond jewelry at the retail consumer level has remained vibrant, with an estimated growth o…
Potash Corp grows Q2 earnings
Vancouver — Potash Corp. of Saskatchewan (POT-T, POT-N) delivered record second-quarter earnings of US$175.1 million (US$1.65 per diluted share) on continued strong sales of nitrogen and phosphate, i…
MAC warns mines ministers of looming problems
The Mining Association of Canada (MAC) delivered a strong message to federal, provincial and territorial governments recently at the 63rd annual Mines Ministers Conference in Whitehorse, Yukon, warnin…
Reserve upgrade adds a year to Alumbrera mine
Vancouver — Reserve upgrades at the Alumbrera copper-gold mine in northwestern Argentina have added one year to the life of the major open-pit operation, owned by Goldcorp (G-T, GG-N), Northern Orion…
Suppliers News (September 04, 2006)
Rocmec advancing Russian Kid…
San Gold officially opens Rice Lake gold mine
Vancouver — The official opening of Manitoba’s newest and only gold mine attracted more than 500 guests, including employees and their families, government leaders, shareholders and local supporters….