News

Lonmin confirms rumours

Platinum producer Lonmin (LNMIF-O, LMI-L) has confirmed that it has been in “preliminary discussions” with a possible buyer, but did not identify the other party….


‘Disgust’ and ‘concern’

I would like to express my disgust and concern at the editorial titled “All OK at K2” (T.N.M., Feb. 10-16/06), and the fact that a reputable national journal would sully its pages with such a prejudic…


Spot Prices Tuesday, Feb. 21, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $553.40 +12.90
Silver $9.49 +0.27
Platinum…


Alexco picking up Keno Hill mine

Vancouver — Newly listed Alexco Resource (AXR-T) is acquiring the assets of past Yukon silver producer United Keno Hill Mines, including mineral rights on the United Keno Hill proj…


Goldcliff aims to revive Hedley basin

Vancouver — Historic gold districts typically host more than one mine, but an exception is the Hedley basin of southwestern British Columbia, which has produced an estimated 2.5 million oz. gold from…


Cusac, clarifies Taurus resource

Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) was quick to inform American Bonanza Gold (BZA-T, ABGFF-O) that about one-third of the recently tabled gold resourc…


Soho cuts high-grade at Tahuehueto

Vancouver — Drilling on the El Creston trend at its polymetallic Tahuehueto project, in northwestern Durango state, Mexico, has delivered high-grade gold values for Soho Resources


Metallica shares blast off (February 27, 2006)

Shares in Metallica Resources (MR-T, MRB-X) recently jumped nearly 19% to a long-time high of $3.80 after the company reported that Mexico’s Secretaria de Defensa National (Sedena)…


Another hiccup at Lac des les

North American Palladium (PDL-T, PAL-X) has resumed normal operations at its Lac des les palladium mine, north of Thunder Bay, Ont., following a tailings dam leak on Feb. 4….


Glencairn pauses at Limon

Vancouver — Another illegal blockade on the road between the Limon mine and mill site has prompted Glencairn Gold (GGG-T, GLE-X) to suspend operations at its gold mine in northwest…


Inco-Falco nuptials delayed

Inco (N-T, N-N) has for a third time extended its friendly takeover bid for Falconbridge (FAL.LV-TO, FAL-N), this time by four months to the end of June….



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