Toronto Stock Exchange November 28-December 4
The Toronto Stock Exchange enjoyed five good trading days Nov. 28-Dec. 4, touching all-time highs in intra-day trading on three of the five. Unlike the oil-and-gold run earlier in the year, the advanc…
News
People (December 11, 2006)
Bayswater Uranium — Gordon Davidson appointed VP of exploration.
Victor Hollister
OBITUARY Victor Frederick Hollister, the man who discovered the Hollister gold mine in Nevada, died recently. He was 81. An air force veteran of the…
Paladin plans US$250M financing
Vancouver — Aspiring uranium miner Paladin Resources (PDN-T, PALAF-O, PDN-A) plans a convertible bond offering to raise US$250 million for project development.
Juniors take over New Britannia (December 11, 2006)
Vancouver-based juniors Garson Resources (GARR-C) and Piper Capital (PCL-V) have agreed to acquire the dormant New Britannia gold mine in Snow Lake, Man., from Kinross Gold (K-T, KGC-N) and High River…
Cameco moves on Cigar Lake solution
Vancouver — Cameco (CCO-T, CCJ-N) has started remediation work at its 50%-owned Cigar Lake uranium project in northern Saskatchewan’s Athabasca basin, where a major flooding event in late October fil…
Suppliers News (December 11, 2006)
European auto emissions catalyst for Inco joint venture
No substitute for common sense
Mining Explained
Editorial: Mining and CSR, Part II
In Part I last week, we began our look at how three high-profile accidents at Canadian-operated mines in the mid-1990s provoked fundamental changes in the Canadian mining industry, and focused on a sp…
A little rough
Strapped for cash, Tahera Diamond (TAH-T) is counting on a $30-million private placement from Teck Cominco (TCK.B-T, TCK-N) to help stem the tide while it attempts to right the underperforming Jericho…
Barrick’s bid for NovaGold expires
Vancouver — With the clock ticking down on its US$16.00-per-share bid for control of NovaGold Resources (NG-T, NG-X) at presstime, Barrick Gold (ABX-T, ABX-N) appears likely to become nothing more th…
HudBay budgets $45M on exploration, development
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will spend $8.5 million on a program of infill drilling, a bulk sample and a feasibility study on th…