News

Lending Rates (May 15, 2006)




Antofagasta gets Tethyan (May 15, 2006)

Shareholders of Tethyan Copper (TYCFF-O, TYC-A) have tendered about 96% of their shares to a takeover offer from Antofagasta (ANFGY-O, ANTO-L) that closed Friday….




People (May 15, 2006)

Novastar Res. — Thomas Graham, Jr. appointed chairman and as interim corporate secretary….




Cross Lake lines up financing to restart QR

Vancouver — Cross Lake Minerals (CRN-T, CLKMF-O) plans a significant financing, coupled with a share consolidation, to bring its QR gold mine, 70 km southeast of Quesnel, B.C., back into production….


SEYMOUR EXPLORATIONA headframe at Seymour Exploration's Lynn Lake nickel mine. The company recently added a second drill to its program at the old Fox nickel mine near Lynn Lake.

Nickel bringing Manitoba projects to life

For what had been a flavour-of-the-month commodity, nickel has held up unusually well. Its sustained price strength has brought a number of juniors into prospective areas in Manitoba, some with a hist…



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as of 4 pm ET, May 8, 2006 (%)
Bank of Canada 4.25
Target overnight rate 3.82
Canadian Prime 5.75