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CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Environmental Saving to Cctivity of Mining Exploration in Peru
Peru goverment worryed of by happened supply damage of cleanness water. This case happened after some activities of mining exploration in peru shows indication there are environmental contamination from result of activity dismissal of mining exploration.
The Lima government on Friday declared a state of emergency after the dump, located at Coricancha mine and owned and [...]
Mexico Mining Boom
Regional myopia is a widespread failing. Say “ Mexico” in Europe and the word game usually brings up “holidays”. The other side of the Atlantic it would probably be “cheap labour”. Only in Canada is “mining” Mexico’s main claim to fame. Yet Mexico is one of the oldest mining countries in the world, and it [...]
Gold Hawk Resources Inc.: Exploration and Operations Update
Gold Hawk Resources Inc. (”Gold Hawk” or the “Company”) is pleased to announce that exploration and development work on the 3140 meter level of its Coricancha Mine in Peru has encountered what is believed to be the downward extension of the Constancia Vein. Based on assay results, geological projections and mineralization characteristics, there is a [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Canadian Zinc Corporation: Surface Exploration Drilling Program Commences at Prairie Creek
Canadian Zinc Corporation (TSX: CZN)(OTCBB: CZICF) is pleased to report the commencement of a surface helicopter supported exploration drilling program, outside the immediate mine area, at the Company’s 100% owned Prairie Creek Mine in the Northwest Territories.
Surface Exploration Drill Program
A multi-million dollar helicopter portable diamond drill hole program, designed to further explore the more remote [...]
HudBay Substantially Increases Mineral Resources
HudBay Minerals Inc. today announced a National Instrument 43 101 (NI 43-101) compliant in-situ mineral resource estimate for its Tom and Jason deposits in the Yukon Territory.
“The mineral resource estimate confirms our combined Tom and Jason deposits as one of the largest undeveloped zinc/lead deposits in North America,” said Peter Jones, President & CEO. “These [...]
Teck to increase copper output 72 percent by 2010 if Aur Resources take-over goes ahead
Toronto-based copper mine Aur Resources (TSX: AUR) had not even contemplated putting the company up for sale when Vancouver-based Teck Cominco (TSX, NYSE: TCK) made a cash-and-share offer of Cdn$41/sh (US$38.69/sh).
In fact, Aur’s shareholders didn’t even want an all-cash bid although Teck has plenty of money in the till. They preferred a tax-free rollover.
The chance [...]
CANADIAN MINING PERSPECTIVES – Teck Cominco, Aur Resources plot merger
The latest couple to contemplate a merger is Vancouver-based TECK COMINCO and Toronto’s AUR RESOURCES. In a deal worth $4.1 billion, Teck Cominco is offering $30.75 in cash and 0.2187 of a Class B share for each Aur common share.
The move is being billed as a friendly takeover having the unanimous backing of the Aur [...]
