Canico releases Onca drill results
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes in the company’s ongoing drill prog…
News
FNX, Dynatec table McCreedy West resource (February 24, 2003)
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource es…
Barrick looks for 2003 turnaround
The message is out from Barrick Gold (ABX-T): the management shakeup that saw director Gregory Wilkins replace Randall Oliphant as chief executive officer is part of an effort to restore the company’s…
PT Inco triples earnings
Higher nickel prices allowed Inco’s (N-T) Indonesian subsidiary to triple its earnings in 2002 despite lower production numbers.PT Inco earned US$30.3 million (or US12 per share) for the year, on US$…
First Quantum tables Kansanshi report
An independent feasibility study has given First Quantum Minerals (FM-T) the green light to develop the Kansanshi copper deposit in Zambia.The study, prepared by GRDMinproc of Australia, concludes tha…
Sigma reopens
McWatters Mining’s (MWA-T) gold mill at the Sigma open-pit operations in Val d’Or, Que., has resumed commercial production. The mill began its ramp-up in late November, after capacity was boosted to 5…
Editorial Cartoon (February 24, 2003)
CAMESE releases compendium
The Canadian Association of Mining Equipment and Services for Export has released its seventh annual CAMESE Compendium of Canadian Mining Suppliers.The 164-page directory contains information on more …
Record output for Glamis
Vancouver — Glamis Gold (GLG-T) lowered costs while ramping up production in 2002.The Reno-based company made a profit of US$13.7 million (or US14 per share) for the year, compared to US$4.8 million…
Gold Fields eyes Nunavut gold belt (February 24, 2003)
Vancouver — Gold Fields (GFI-N) has inked a deal with Committee Bay Resources (CBR-V) paving the way for the major to earn a 75% stake in a land package northeast of Baker Lake in Nunavut.The South A…
Roundup’s success may mean good things Western sunrise
Last year and the year before, the Vancouver mining set’s annual January fixture, the Cordilleran Roundup, offered a sweet-scented promise of spring coming to the mining business. In 2001, there was h…
Glamis makes gains
A number of things separate Glamis Gold from its Vancouver counterparts. The first would have to be its “low-key” approach to doing business.The second relates to the fact that it showed a net profit …