Market likes First Points nickel aspirations
Vancouver – With shares of First Point Minerals (FPX-V, FPOCF-O) rallying about 30%, investors seem to approve of p…
Canada
Alcoa Bids for Alcan
A meaty hostile offer has been tabled; now let the politics begin. On May 7, U.S. aluminum giant Alcoa (AA-N) unveiled a cash-and-share bid for Canada’s largest mining company, Alcan (AL-T, AL-N), in …
Big Lake Gives Metalcorp a Big Surprise
SITE VISIT Thunder Bay, Ont. — A mineral prospect recently discovered on the north shore of Lake Superior by Metalcorp (MTC-V, MTLCF-O) illustrates how nature has a surprise or two…
Editor’s Picks: End of an era with elimination of Barrick hedge
The old saw “better late than never” came to mind during the week ended May 5, the 18th trading week of 2007.
Gahcho Ku Drilling Buoys Confidence
Vancouver — Mountain Province Diamonds (MPV-T, MDM-X) and De Beers Canada have wrapped up winter drilling on the Tuzo kimberlite pipe at the Gahcho Ku diamond property, located about 300 km northeas…
Tribute Seeks Permit
Tribute Minerals (TBM-V, TBMIF-O) has started permitting work for an underground ramp on the Arrow Zone massive-sulphide deposit on its Garnet Lake property, in northwestern Ontario.
That’s It for Teddy Bear
The board of one of Canada’s older mining companies, Teddy Bear Valley Mines, is recommending the company be wound up and dissolved.
Rainy River Heats Up Northwest Ontario Gold District
The Rainy River gold district in northwestern Ontario is heating up as companies stake ground and begin drilling around the flagship property held by Vancouver-based Rainy River Resources (RR-V, RRFFF…
Northgate Extends Kemess South Mine Life by a Year
Vancouver — A robust metals market has led to a 1-year reprieve for Northgate Minerals’ (NGX-T, NXG-X) Kemess South gold-copper mine, in north-central British Columbia, previously scheduled to shut d…
Oilsands see technology as saviour from environmental dilemma
The economic benefits of Albertas oilsands are undisputed. Swollen government coffers and generous earnings for in…
Denison posts loss in first quarter (May 11, 2007)
Higher operating costs left Denison Mines (DML-T, DNN-X) with a loss in the first quarter of 2007, despite high ura…
Higher cash costs and lower production for Suncor
A drop in production at its Fort McMurray oil sands operation has prompted Suncor Energy (SU-T) to lower its 2007 p…