Globex and co. seek Tennessee zinc
A Toronto-based private group has agreed to buy the Smith Cty., Tennessee zinc mines formerly operated by Pasminco, and plans to go public in a $20-million financing.
News
Mining sector faces human resource crisis: Conference Board (February 19, 2007)
Vancouver — Despite high commodity prices and robust exploration activity, Canada’s reserves of base and precious metals are declining rapidly and much more activity will be required to sustain the s…
Rio Tinto earns US$7.4B in 2006
Surging demand from China for iron ore and copper resulted in a record-setting year for Rio Tinto (RTP-N, RIO-L) in 2006, but the company expects to see some moderation in 2007.
Staccato eyeing Eureka gold
Vancouver — Aiming to prove that the best place to look for a new mine is near an old one, Staccato Gold Resources (CAT-V, STCGF-O) set out four years ago to acquire a large land position in Nevada, …
Canyon ready to reopen Briggs gold mine
All Canyon Resources (CAU-X) needs to get things rolling at its Briggs gold mine in Inyo Cty., Calif., is some cash.
Base metals make comeback in the Great Lakes states
The three states that surround the upper Great Lakes — Michigan, Minnesota and Wisconsin — have a great mining history, but one that has, over the last four decades, receded further and further into…
CNQ Trading (February 19, 2007)
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Feb. 6-12, 2007 Aspire CALS 510 0.06 0.04 0.04 0.00 0.16 0.035 Bannockburn Res BKNN 354…
Queenstake, YGC to tie knot (February 19, 2007)
The wait by the phone is over for Queenstake Resources (QRL-T, QEE-X), which has found a merger partner in Vancouver-based YGC Resources (YGC-T, YGCFF-O).
U.S. Gold in search of the Holy Grail
Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …
Arch Coal has stellar 2006
Arch Coal (ACI-N) is battling the weak American coal market by slashing its production target this year in anticipation of an upturn in years to come.
Exchange Rates (February 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (February 19, 2007)
Company Div.($) Pay Date Record Date Falconbridge pf2 f Feb 12 Jan 31 Potash C Sask 0.15* Feb 12 Jan 22 Royal Untilites 0.08 Feb…