News


African Metals options copper belt claims

Vancouver — African Metals (AFR-V, AFMCF-O) has inked an option deal on a large land position in the Katanga copper belt of southeastern Democratic Republic of the Congo (DRC).


STEPHEN STAKIWA view of the Tripp pit at Quadra Mining's Robinson copper-gold mine in eastern Nevada. Production from Robinson for the fourth quarter of 2006 came in at 35.3 million lbs. copper and 27,646 oz. gold. Output for the full year was 121.4 million lbs. copper and 75,074 oz. gold, exceeding the company's estimates.

Quadra surprises with boost in production

Vancouver — Fourth-quarter copper and gold production from Quadra Mining’s (QUA-T, QADMF-O) flagship Robinson mine near Ely, Nev., was up significantly, driving last year’s total metals output above …


Hillsborough eyes new coal docks

Vancouver — Hillsborough Resources (HLB-T, HLSRF-O) is gearing up to boost coal exports from its Quinsam mine in British Columbia after quietly arranging to acquire additional port facilities on a pe…


CVRD, Baosteel set iron prices

Companhia Vale do Rio Doce (RIO-N), the world’s largest iron ore producer, has wrapped up the 2007 iron ore price negotiations with China’s Baosteel Group, the country’s largest steelmaker.



U.S. Markets January 9 – 12

Resource equities on the United States markets bounced back a bit in the holiday-shortened reporting period Jan. 9-12 after a devastating first week of 2007. While the broader market moved cautiously …






Norilsk CEO freed from jail

Norilsk Nickel (NILSY-O, MNOD-L) CEO Mikhail Prokhorov was released by French police in early January after being held in jail for three days for his role in a suspected prostitution ring.


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