Falconbridge extends Kidd grounding
With the zinc market showing no signs of recovery, Falconbridge (FL-T) has decided to extend by a month the previou…
News
Phelps Dodge trims losses (April 29, 2003)
Vancouver A change in the accounting of retirement benefits helped the world’s second largest copper producer nar…
Trading Summary (April 28, 2003)
The Toronto Stock Exchange lagged behind the other major North American bourses edging up 26.97 points to 6,548.66…
Gold prices help quarter at Buenaventura (April 28, 2003)
Higher production and an improved gold price buoyed up the top line for Minas Buenaventura (BVN-N) in the first thr…
Inmet takes over Teck’s Cerattepe
A deal between the Turkish subsidiaries of two Canadian mining companies will give Inmet Mining (IMN-T) control of…
Stillwater faces red ink; awaits regulatory nod
Vancouver – Timing is crucial in the metals market, a lesson not lost on Stillwater Mining (SWC-N). Less than 2 yea…
QGX cuts more oxide gold in Mongolia
A 15-hole drill program aimed at testing for strike extensions of the Central Valley zone of the Golden Hill prospe…
Spider, KWG table McFauld’s Lake results
Vancouver — Spider Resources (SPQ-V) and joint venture partner over the counter listed KWG Resources have receive…
Mixed results at Shawkey
Winter drilling at the Shawkey gold project near Val d’Or, Que., has returned lacklustre results for Western Quebec Mines (WQM-T).The junior sank 10 holes to follow up on erratic values obtained in th…
Candor options Comtois from Maude Lake (April 28, 2003)
Toronto-based junior Candor Ventures (CND-V) and Montreal-based gold explorer Maude Lake Exploration (MAU-V) have signed a letter of intent that will see Candor take up half of Maude Lake’s interest i…
Correction (April 28, 2003)
Etruscan Resources (EET-T) owns 51% of the Tirisano alluvial diamond mine and related properties in South Africa, not the 75% figure it has used in some news releases and which we reported in “Latest …
Higher gold boosts Grasberg
Vancouver — Freeport-McMoRan Copper & Gold (FCX-N), operator of the world’s largest copper-gold mine, earned an impressive US$49.2 million (or US33 per share) in the first quarter.The gain, which wa…