Alcan (AL-T) has taken a sweetened takeover bid for Paris-listed Pechiney off the table after the latter rejected the bid as too low.The French aluminum maker says the revised bid of 47-48 euro per sh…
Australia’s WMC Resources (WMC-N), the world’s third-largest nickel producer, has signed a US$650-million nickel-supply contract with China’s leading nickel producer, the Jinchuan Group.Under the deal…
Queenston Mining (QMI-T) is sending a geological field crew to the Duquesne West gold property near Rouyn-Noranda, Que., having recently acquired the right to earn a 60% interest.To earn its interest,…
Vancouver — A 1,477-metre drill program by partners Committee Bay Resources (CBR-V) and Gold Fields (GFI-N) has returned impressive values from the Three Bluffs zone on the Committee Bay gold project…
After topping up its coffers with a recent $829,000 financing, First Narrows Resources (UNO-V) has focused its efforts on exploring its three New Brunswick properties — Chester, Middle River and Gold…
Orvana Minerals (ORV-T) has tabled an updated reserve estimate for the Lower Mineralized zone (LMZ) at its Don Mario mine in southeastern Bolivia.Amec E&C Services pegs total proven and probable reser…
An induced polarization survey has outlined what may be a new gold zone at the QR Mine property in British Columbia, reports Cross Lake Minerals (CRN-T).The anomaly, situated 400 metres east of the Ma…
Vancouver — Copper Ridge Explorations (KRX-V) reports that Imperial Metals (III-T) has commenced a 1,200-metre drill program on the company’s Joss’alun property in the Atlin area of British Columbia….
Tax credits enabled First Quantum Minerals (FM-T) to overcome a net operating loss and record a small profit for the second quarter.Net earnings totalled US$64,000 in the three months ended June 30, c…
Vancouver — Minco Mining and Metals (MMM-V) recently kicked off a drill program on its Gobi gold project and continues to explore its BYC project in China.At the Gobi gold project in Inner Mongolia, …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 2 (change from Aug. 26 in brackets):MetalStock(tonnes)ChangeAluminium1348000(+1…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 2Sept. 1Aug. 29Aug. 28Aug. 27US$ in C$1.3877Holiday1.38511.
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