McWatters Mining (MCW-T) has filed a plan of arrangement under the Companies’ Creditors Arrangement Act aimed getting a handle on its debt and resuming production at the Sigma-Lamaque open-pit gold mi…
Vancouver — Mapping and geochemical sampling by Candente Resources (DNT-V) have uncovered a new gold target on the Lunahuana property near Lima in central Peru.Situated 1.5 km east of the previously …
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Partners LionOre Mining International (LIM-T) and Australian-listed Dalrymple Resources will proceed with development of the Thunderbox gold project in Western Australia.With a 4-year finance facility…
Vancouver — The world’s largest copper producer has finally entered the fold of the other majors by announcing it will cut output by at least 100,000 tonnes in 2002.The move by Chile’s state-owned Co…
Century-old steel producer Algoma Steel (ALG-T) is breathing a sigh of relief after the third time proved to be the charm for its debt restructuring.The company announced it has filed a third amended …
Vancouver — Silver Standard Resources (SSO-V) has tabled more high-grade results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So…
Aluminum producer Alcoa, Newfoundland and Labrador Hydro, and the government of Newfoundland recently finished a joint study on the feasibility of building an aluminum smelter that would use power fro…
Demand for platinum is expected to rise by 5% to a record 5.9 million oz. in 2001, and the climb is being led by a 25% rise in demand from the auto industry, owing to increased market share for diesel…
The Ontario government evacuated several residents living close to the defunct Toburn gold mine, near Kirkland Lake, Ont., after it was discovered their homes rest on unstable ground.Ground stability …
The government of British Columbia is committed to building a thriving private-sector economy that creates high-paying job opportunities, including those in the mining and mineral exploration industry…
Vancouver — Altius Minerals (ALS-V) and Barrick Gold (ABX-T) are jointly exploring Newfoundland’s Botwood Basin for Carlin-type deposits.Barrick stands to earn a 75% interest in six properties by fun…
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