TSX Venture Exchange August 15-21
Board-room growth appears to be finding more favour these days than drill-bit growth, at least among companies listed on the senior North American exchanges. That’s less the case on the TSX Venture Ex…
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U.S. Markets August 15-21
Stock markets south of the line were buoyant over the reporting period Aug. 15-21, as economic and statistical news from the U.S. government suggested a gentle economic slowdown and the likelihood tha…
Wolfden readies gold spinoff (August 28, 2006)
Following shareholder approval late in June, Wolfden Resources (WLF-V, WFDNF-O) has spun off Premier Gold Mines (PG-T), the company that will hold Wolfden’s northwestern Ontario gold projects….
Record Q2 earnings for First Quantum (August 28, 2006)
Vancouver — A continued robust copper market propelled First Quantum Minerals (FM-T, FQVLF-O, FQM-L) to record 2006 second-quarter profits of US$150.5 million (US$2.33 per share), up 419% over the co…
Sherritt makes $93M in first half (August 28, 2006)
Strong revenues thanks to high commodity prices brought Sherritt International (S-T, SHERF-O) a net income of $57.2 million (36 per share) on revenue of $297 million in the second quarter of the year…
Xstrata sacks Pannell, Regent (August 28, 2006)
Swiss-based Xstrata (XSRAF-O, XTA-L) did not waste anytime gutting Falconbridge (FAL-T,) management after winning the takeover battle for Canada’s largest base metal miner….
Areva-UEX JV cuts more high-grade uranium at Shea Creek
Vancouver — The final two holes of the 2006 winter drill program at the Shea Creek joint venture in the Athabasca basin of northern Saskatchewan have returned further high-grade uranium values for Ar…
Sheffield cuts wide copper at Moonlight
Vancouver – Sheffield Resources (SLD-V, SLDOF-O) has been drilling away on its Moonlight copper property in norther…
San Gold pours first gold at newly opened Rice Lake gold mine
Vancouver – The Rice Lake gold mine was officially opened by management of San Gold (SGR-V) at a celebration in Bi…
McVicar goes on Chinese shopping spree
Armed with around $2.8 million from a recent private placement, McVicar Resources (MCV-V, MCVRF-O) has picked up a …
Kensington tailings on hold
The U.S. Ninth Circuit Court of Appeals in San Francisco has issued a temporary injunction halting construction act…
QGX weathering Mongolia’s tax storm (August 25, 2006)
It takes a lot of blood, sweat and tears to develop a deposit in a young democracy. Sometimes all the work gets rew…