Freeport to swallow Phelps
If shareholders give the go-ahead, Freeport-McMoRan Copper & Gold’s (FCX-N) proposed takeover of Phelps Dodge (PD-N) will create the world’s largest publicly traded copper company and the largest …
News
Starfield advances Ferguson Lake (November 27, 2006)
Vancouver — In wrapping up its 2006 drilling program at the Ferguson Lake copper-nickel-platinum group metals project located 240 km west of Rankin Inlet, Nunavut, Starfield Resources (SRU-V, SRFDF-O…
Some bits about diamond drilling
Diamond core bits are generally made with drilling solid rock in mind. Rock may be broken, hard, abrasive, etc., but will usually make its way up into the core tube en route to the geologist’s core ta…
Entre takes the long view in Mongolia
Ulaanbaatar — The introduction of windfall taxes on gold and copper last spring coupled with talk of government earn-ins on “strategic” deposits stopped many foreign exploration companies in Mongolia…
Silvercorp flouts convention at Ying
Henan Province, China — The Ying silver-lead-zinc mine in central China is already generating enough cash flow to pay for exploration to upgrade known resources, outline more resources at depth and f…
Aquila targets Upper Peninsula
Menominee Cty., Mich. — In the Upper Peninsula of Michigan it’s not hard to imagine you are in northern Ontario. The scenery is much like the north shore of the big lakes, and the little details fit,…
People (November 27, 2006)
Alcoa — Joseph Lucot appointed VP and corporate controller.
Hudson delivers more Greenland diamonds
Vancouver — With another batch of diamonds from its Greenland drilling program, Hudson Resources (HUD-V, HUDRF-O) has once again upped the size of the largest stone found in the region to 0.122 carat…
Wallbridge milling tests work (November 27, 2006)
Test work on a 175-kg sample from the Broken Hammer copper deposit near Sudbury, Ont., has shown good recoveries to gravity and bulk flotation concentrates, says owner Wallbridge Mining (WM-T, WLBMF-O…
Stillwater takes 11% interest in Pacific North West Capital (November 27, 2006)
Vancouver — Pacific North West Capital (PFN-T, PAWEF-O) has landed a new major shareholder following Stillwater Mining’s (SWC-N) $2-million investment in the junior.
Lundin puts its tag on Mantle Resources
Vancouver – Zinc-focused Lundin Mining (LUN-T, LMC-X) is boosting its exposure to prospective base metal projects b…
Metal price forecast — 2007
Metal investors can be forgiven for popping an extra bottle of Dom Prignon this New Year’s Eve. It’s been a rollic…