News

First Quantum Minerals (FM-T) has entered a deal to acquire an 80% interest in a copper-gold project in western Mauritania.

Vancouver — Ledcor CMI, a British Columbia-based contractor, has agreed to resuscitate the Gibraltar open-pit copper mine and take over operatorship from Taseko Mines (TKO-V). The mine is near Williams Lake i…

We note that Vancouver-based reporter Brent Mudry, who livened the pages (and web pages) of Canada Stockwatch for a decade, has left his keyboard to become a civilian investigator for the Integrated Market Enforcement Team of the Royal Canadian Mo…

It’s back to the drawing board for Dunsmuir Ventures (DVV-V).

Vancouver — A delay in public hearings on the proposed development of the Doris North gold deposit in Nunavut has forced Miramar Mining (MAE-T) to push back the startup date to mid-2006 from late 2005.

Aker Kvaerner wins contract…

Intrepid Minerals (IAU-V) has intersected impressive gold, silver and bornite-chalcopyrite mineralization — all in one hole — at its San Cristobal project, 20 km northeast of San Miguel, El Salvador.

London-based Barclays Capital, the investment banking division of Barclays, has begun taking part in London’s gold fixing sessions after purchasing a vacant seat on the London Gold Market Fixing board from investment banker NM Rothschild and Sons.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 8 (change from May 28 in brackets):…

Today, funds play an important part in trading activity at all major metals exchanges. A common view is that investment funds dominate metal price movements and that physical developments are largely irrelevant. While this would concern commodity…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…