News

The following insider trading transactions were recently reported in the OSC Bulletin, published by the Ontario Securities Commission:…

The town of Kitimat, B.C., known mostly for its Alcan (AL-T) aluminum smelter and hydroelectric facilities, has suffered a setback in its bid to sue the aluminum giant for reducing aluminum production and jobs and then selling t…

Asian Mineral Res. — Jim Askew appointed director.

Vancouver — The Kemess mine in north-central British Columbia enabled Northgate Minerals (NGX-T) to achieve record-high production at record-low cash costs in 2004.

Encouraged by bioleaching tests, BacTech Mining (BM-V) will submit a new operating plan for its 55%-owned Tonkin Springs open-pit gold project in Nevada.

Drill holes at the Mt. Kakoulima nickel project in Guinea, where FNX Mining (FNX-T) is earning a 100% interest from Afcan Mining (AFK-T), have intersected disseminated sulphides and favourable host rocks for a…

Cambior (CBJ-T) produced 694,100 oz. gold in 2004. That’s a third more than in 2003, reflecting the startup of the Rosebel open-pit mine in Suriname.

The draft environmental impact statement for the Meadowbank gold project in Nunavut is in the hands of the territorial government.

Due diligence work by Anvil Mining (AVM-T) indicates that the Kulumaziba coarse tailings deposit on the Mutoshi copper-cobalt project in the Kolwezi region of the Democratic Republic of Congo is higher in grade than previously t…