News

Antimony: Mid-mkt US$2,550/t.

Cameco‘s (CCO-T) plan to acquire a 25.2% interest in the South Texas project, near Houston, Tex., has been scuppered by two current co-owners.

Vancouver — Formation Capital (FCO-T) has launched a 7,500-metre drill program at its Idaho Cobalt project in east-central Idaho.

Unionized workers at Noranda’s Canadian Copper Refinery in Montreal have voted 83% in favour of a new, 3-year labour agreement.

Aurizon Mines (ARZ-T) has intersected gold in two areas near the past-producing East mine, 100 km north of La Sarre in the Casa Berardi area of Quebec.

The president and CEO of the Mining Association of British Columbia (MABC), Gary Livingston, has stepped down to assume the same posts with Western Canadian Coal.

Vancouver — Drilling by Northern Lion Gold (NL-V) on the Haveri project in southwestern Finland continues to return encouraging gold values.

Pacific Gold (PCFG-O) hopes to be a placer gold producer in Oregon and Nevada in the near future. It is a company to watch as the action unfolds.