Platinum, palladium prices surge in May
METALS COMMENTARY…
News
Gold — as good as cash
MINING EXPLAINED…
Editorial: Mongolian gov’t betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “promising underdog” column over to the one titled “Third World basket-case” — so joi…
Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Royalties tables scoping study for Raglan South (May 29, 2006)
Quebec-based nickel explorer Canadian Royalties (CZZ-T, CRYAF-O) plans a full feasibility study on its Raglan South nickel-copper deposits in the Nunavik (Ungava) region of Quebec following a prelimin…
Amanta to drill Thai prospects
Thailand has not been a prime destination for gold explorers, but Amanta Resources (AMH-V, AMHFF-O) should soon be ready to drill its Langu gold prospect in Satun province, on the Thai part of the Mal…
Major financings continue to roll (May 29, 2006)
Vancouver — Abundant cash remains readily available to mineral explorers and developers in this resilient resource market, as evidenced by a quintet of recent financings….
Nova Scotia enjoying gold revival
It’s dj vu all over again in Nova Scotia, with Acadian Gold (ADA-V, ADGLF-O) following in the footsteps of Seabright Resources by putting together a large land package of gold projects and doing a d…
Sizing up the threat of nationalization in Bolivia (May 29, 2006)
“This is just the start,” Bolivian president Evo Morales recently told a crowd regarding the nationalization of the country’s hydrocarbons industry. “Tomorrow, or the day after, it will be mining, the…
Xstrata brings the green (May 29, 2006)
Surprising few, Xstrata (XSRAF-O, XTA-L) has launched a $16.1-billion, all-cash bid for the 80.2% stake in Falconbridge (FAL.LV-T, FAL-N) it doesn’t already own….
Pogo: Alaska’s ‘cathedral of quartz’
SITE VISIT…
Viceroy drilling extends Gualcamayo
Vancouver — The latest round of drilling by Viceroy Exploration (VYE-T, VCRYF-O) has enhanced and extended the potential of the Portezuelo Blanco zone within the main Quebrada del Diablo resource are…