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News February 13, 2006

Canadian Stock Exchange Indices (February 13, 2006)

Date Feb. 6 Feb. 3 Feb. 2 Feb. 1 Jan. 31 High Low
S&P/TSX-Ven Comp 2606.49 2571.63<...

Big Dog: Teck Cominco's fourth-quarter operating profit was a record $700 million, up from $392 million a year earlier. About half the increase was attributed to the Red Dog mine in Alaska (pictured here), where robust zinc prices contributed to a $61-million increase in operating profits.

News February 13, 2006

Coal and copper stoke Teck profits

Vancouver — Stronger prices for coal, copper and zinc helped generate record net earnings of $510 million for Teck Cominco (TEK.SV.B-T, TCKBF-O) in the fourth quarter of 2005….

News February 13, 2006

Fronteer delivers Turkish delight

Vancouver — Fronteer Development Group (FRG-T, FRG-X) has made significant resource increases on its Agi Dagi and Kirazli gold projects in western Turkey….

News February 13, 2006

Trio of financings reveals hot market

Vancouver — A recent series of major financings serves as a good barometer of the frothy mining investment climate. UrAsia Energy (UUU-V, UAEYF-O), New Gold (NGD…

News February 13, 2006

All OK at K2

January opened with a dozen miners’ deaths stemming from a too-little, too-late response to an explosion at the Sago underground coal mine in West Virginia. But the month closed with Canadian miners s…

News February 13, 2006

Winners and losers

— The following is an excerpt from Mining Explained, published by The Northern Miner….

News February 13, 2006

Ivanhoe tables latest Oyu Tolgoi reserves

Vancouver — Previous resource calculations on Ivanhoe Mines‘ (IVN-T, IVN-N) planned open-pit deposits at Oyu Tolgoi, in southern Mongolia, have been upgraded to the reserve categor…

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