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News February 13, 2006

Adastra circles the wagons

Following a day of examination, Adastra Minerals (AAA-T, AAA-L) has again rejected a now formal takeover bid from First Quantum Minerals (FM-T, FQM-L)….

News February 13, 2006

People (February 13, 2006)

ABB Swizterland — Steve McGarel appointed regional sales manager of the Minerals Business Unit….

News February 13, 2006

Goldie to talk Voisey’s Bay

At the next meeting of the Toronto Geological Discussion group, Ray Goldie of Salman Partners will examine how the political mess between Inco and the people of Newfoundland and Labrador almost killed…

Gary Lunn

News February 13, 2006

Lunn named Natural Resources minister

Gary Lunn, a Conservative member of Parliament who represents the riding of Saanich-Gulf Islands in British Columbia, was named minister of natural resources when Prime Minister Stephen Harper recentl…

News February 13, 2006

Fording Coal riding high

Vancouver — Coal continues to be a hot commodity for Fording Canadian Coal Trust (FDG.UN-T, FDG-N), which reported net income of $218 million for its 2005 fourth quarter, up from $…

News February 13, 2006

Rimfire boosts holdings near Pogo

Vancouver — Recent staking activity by Rimfire Minerals (RFM-V, RMFRF-O) has made the junior the largest landholder in the Goodpaster district near Fairbanks, Alaska. The company s…

News February 13, 2006

Fortune to tell Nico by bulk sample

Fortune Minerals (FT-T, FTMDF-O) has contracted out the mining of a bulk sample from its Nico polymetallic deposit in the Northwest Territories, and expects to test-mine between May…

News February 13, 2006

Endeavour marks first year

Vancouver — Having attained the rank of silver producer, Endeavour Silver (EDR-V, EDRGF-O) is looking to accelerate output at its Guanacevi operations on the Santa Cruz project in…

A Bradley Brothers drill tests Southwestern Resources' Boka gold project in Yunnan province, China. Results were released from 19 recently drilled holes, with the highlight being Hole 05-148, which returned 2.3 grams gold per tonne over 68.1 metres, from 223.7 metres to 291.8 metres.

News February 13, 2006

Southwestern extends Boka 1 zone

Vancouver — An ongoing drill program by Southwestern Resources (SWG-T, SWGGF-O) has extended the strike length of the Boka 1 gold zone to 1,400 metres and its downdip extension to…

News February 13, 2006

Ivanhoe tables latest Oyu Tolgoi reserves

Vancouver — Previous resource calculations on Ivanhoe Mines‘ (IVN-T, IVN-N) planned open-pit deposits at Oyu Tolgoi, in southern Mongolia, have been upgraded to the reserve categor…

News February 13, 2006

Winners and losers

— The following is an excerpt from Mining Explained, published by The Northern Miner….

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