Sudbury PGM play enters new phase
Though nowhere near last year’s record highs, palladium is still trading at three times the historical range, and that bodes well for a group of companies exploring for platinum-group-metal (PGM) depo…
Falconbridge Limited
Donner-Falco alliance expanded (March 11, 2002)
Vancouver — Having already teamed up to explore for nickel in the Voisey’s Bay area of Labrador, Donner Minerals (DML-V) and Falconbridge (FL-T) have agreed to a new deal aimed at exploring the proje…
JML targets Marten River for diamond potential
Spun off from Mustang Minerals (YMU-V), newly listed JML Resources (JJJ-V) is targeting the diamond potential of the Marten River area, near North Bay, Ont.The project comprises more than 2,400 claims…
Pannell replaces Hushovd at Falconbridge (March 04, 2002)
After five years at the helm of Falconbridge (FL-T), Oyvind Hushovd has been replaced by Derek Pannell, who is also president of Noranda (NRD-T).Hushovd’s sudden replacement ends a 27-year career that…
Hushovd’s exit fuels speculation over Falco’s future
The biggest surprise of the Feb. 20-26 report period was the sudden departure of long-time Falconbridge president and CEO Oyvind Hushovd, which apparently was related to a conflict with the management…
Falconbridge ends 2001 on sour note
Weak metal markets kept Falconbridge (FL-T) firmly in the red during the final three months of 2001, but not deep enough to erase profits made earlier in the year.Falconbridge squeaked by last year wi…
Partners trench East Bull Lake (January 21, 2002)
Trenching at the East Bull Lake gabbro-anorthosite intrusion near Sudbury, Ont., has turned up more platinum group metals for partners Mustang Minerals (YMU-V) and Falconbridge (FL-T).Falconbridge is …
Aurora finances work in Ontario
Aurora Platinum (ARP-V) has topped its treasury with a $1-million brokered financing by Haywood Securities.The Vancouver-based junior is exploring for nickel-copper-platinum group metal deposits in On…
Inmet picks up Pyhasalmi in deal with Finland’s Outokumpu
Inmet Mining (IMN-T) has inked a US$64-million deal to buy Outokumpu’s Pyhasalmi copper-zinc mine in central Finland, and to participate in a strategic alliance with the Finnish metal producer.The dea…
Falconbridge zeros in on high-grade sulphides
A high-grade base metals discovery in the Sudbury igneous complex of northern Ontario has prompted Falconbridge (FL-T) to accelerate drilling.By January, the major plans to have three rigs chasing the…
Expat joins Amarc at Fox River (December 10, 2001)
Vancouver — Having just acquired the Fox River nickel-copper-platinum-palladium property from sister company Rockwell Ventures (RCW-V), Hunter-Dickinson-led Amarc Resources (AHR-V) is dealing a 12% i…
Raglan mine a strong performer for Falconbridge
As it struggles to return to profitability, Falconbridge (FL-T) is counting on a strong operating performance at its wholly owned Raglan nickel-copper mine in the Ungava region of northernmost Quebec….