Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
A letter of intent paves the way for partners Noranda (N-T) and Falconbridge (FL-T) to acquire the Lomas Bayas mine and Fortuna de Cobre copper deposit, both of which are near Antofagasta, Chile.The p…
Colette Jacques, a sculpter and painter based in Larder Lake, Ont., is helping others see the beauty in mining.The 50-year-old artist uses wood, cement and clay to create numerous sculptures, among wh…
Heafty unusual costs pulled Goldcorp (G-T) deep into the red last year. The losses totalled $19.3 million (or 24 per share) on revenue of $61.3 million, compared with earnings of $10.6 million (14 p…
Extensive exploration by Gammon Lake Resources (GAM-T) at its Ocampo gold-silver property in Mexico has paid off handsomely in new ounces.Watts, Griffis & McOuat (WGM) now estimates Ocampo’s total mea…
Short positions outstanding at February 28, 2001Larger individual positions include:Abitibi-Consolidated Inc. 505,369 down 1,588,485; Alcan Inc. 858,799 down 224,102; Anderson Exploration Ltd.
Precious MetalsPrice (US$/oz.)ChangeGold$261.55-$3.45Silver$ 4.42-$0.01Platinum$586.00-$…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 6/01 (change from Feb. 28 in brackets):MetalStock(tonnes)ChangeAluminium475425(…
With activity at its Quebec mines winding down, junior miner Richmont Mines (RIC-T) is drawing financial strength from its low-cost operations in northwestern Newfoundland.The company’s wholly owned, …
A valuation study has placed the fair price of the Labrador Iron Ore Royalty Income Fund (LIF.UN-T) at $18 to $24.70 per unit, substantially more than a $13.50 takeover offer by mining house Rio Tinto…
Vancouver — An independent consultant estimates that DRC Resources’ (DRC-V) past-producing Afton copper-gold property still holds an indicated mineral resource of 25 million tons averaging 2% copper …
Placer Dome has donated $100,000 to the fund to support the new Association of Professional Geoscientists of Ontario (APGO).The APGO, established under the province’s Geoscientists Act in 2000, will b…
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