Endeavour Silver makes strides at Guanacevi
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Genco goes for efficiency at Temascaltepec
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LME Warehouse Levels (May 29, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 22, 2006 (change from May 15 in brackets):…
Viceroy drilling extends Gualcamayo
Vancouver — The latest round of drilling by Viceroy Exploration (VYE-T, VCRYF-O) has enhanced and extended the potential of the Portezuelo Blanco zone within the main Quebrada del Diablo resource are…
Pogo: Alaska’s ‘cathedral of quartz’
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Xstrata brings the green (May 29, 2006)
Surprising few, Xstrata (XSRAF-O, XTA-L) has launched a $16.1-billion, all-cash bid for the 80.2% stake in Falconbridge (FAL.LV-T, FAL-N) it doesn’t already own….
Major financings continue to roll (May 29, 2006)
Vancouver — Abundant cash remains readily available to mineral explorers and developers in this resilient resource market, as evidenced by a quintet of recent financings….
Amanta to drill Thai prospects
Thailand has not been a prime destination for gold explorers, but Amanta Resources (AMH-V, AMHFF-O) should soon be ready to drill its Langu gold prospect in Satun province, on the Thai part of the Mal…
Royalties tables scoping study for Raglan South (May 29, 2006)
Quebec-based nickel explorer Canadian Royalties (CZZ-T, CRYAF-O) plans a full feasibility study on its Raglan South nickel-copper deposits in the Nunavik (Ungava) region of Quebec following a prelimin…
Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Gold — as good as cash
MINING EXPLAINED…
Corriente lines up dollars to develop Mirador
Vancouver — Corriente Resources (CTQ-T, ETQ-X) has arranged a $125-million financing to bring its Mirador copper deposit, in southeastern Ecuador, into production….