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CVRD swapping old debt for new

Companhia Vale do Rio Doce (RIO-N) has issued US$1 billion in notes in a move to reorganize its debt at a significa…



DFI jumps on Liberian finds

Shares in Diamond Fields International (DFI-T) were 7.5, or more than 40%, higher at 24 in early afternoon tradin…





Past, better days. From left: Normand Dupras, Falconbridge's exploration manager in the Bathurst base metal camp; Keith Ashfield, New Brunswick's minister of Natural Resources; and Slam Exploration president Mike Taylor together at an airport in New Brunswick in 2003 after all three parties had reached a 5-year agreement to use MegaTEM surveys to explore for new deposits that might extend the life of Falconbridge's 41-year-old Brunswick base metal operation in the Bathurst camp. Falconbridge recently walked away from the Bathurst joint venture after Slam did not produce the necessary funds for this year's exploration program.

Falconbridge slams door on Slam JV

Unable to come up with the funds to finance this year’s exploration on the Bathurst joint venture in New Brunswick, Slam Exploration (SXL-V, SLMXF-O) was finally given its walking p…


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