Exchange Rates (March 06, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
News
Glamis grabs Western Silver
Vancouver — Glamis Gold (GLG-T, GLG-N) has inked an agreement to acquire Western Silver (WTC-T, WTZ-X) in a share deal valued at about $1.2 billion….
Goldbelt starts Belahouro permitting
Following a positive prefeasibility study, Goldbelt Resources (GLD-V, GLDDF-O) has submitted applications for mining permits on the Inata gold deposit, part of Goldbelt’s Belahouro pr…
Iamgold boosts production while costs rise
Gold production by Iamgold (IMG-T, IAG-N) rose 3% to 447,000 oz. in 2005, while costs, reflecting the falling U.S. dollar, rose about 11% from the year before….
Axmin nails down permit for Bambari
The government of the Central African Republic has set its seal on a mining convention with Axmin (AXM-V, AXMIF-O) for the development of company’s Bambari exploration permit, in the…
Crowflight adds to Bucko
A consultant’s report for Crowflight Minerals (CML-V, CMLGF-O) has added an inferred resource to a previously defined indicated resource at the Bucko nickel deposit in northern Manito…
PDAC names Ward winner
Tony Barresi is this year’s winner of the Mary-Claire Ward Geoscience Award….
True North donates gems
True North Gems (TGX-V) has donated two emerald necklaces to charities in British Columbia….
Northern Peru Copper hopes to lure majors to Galeno
SITE VISIT…
Brilliant acquiring 25% of Aussie nickel mine
Vancouver — Expanding its roots into Australia, Brilliant Mining (BMC-V) plans to buy a 25% interest in the Kambalda-area Lanfranchi joint venture, which includes a producing nickel…
Maximum sues for Western Prospector’s Mongolian projects (March 03, 2006)
Vancouver – Western Prospector Group (WNP-V) has been hit with a lawsuit from Maximum Ventures (MVI.H-V, MXRVF-O), …
NAP’s earnings crushed
A sharp drop in production owing to crusher problems and a tailings leak at the Lac des Iles palladium mine, near T…