Anaconda gets serious
Anaconda Nickel, which mines laterite nickel Down Under, has agreed to sell Anaconda Industries to fellow Aussie Lynas Corp for A$5 million. (Anaconda Industries is the holding company for Anaconda’s …
News
Hecla eyes higher San Sebastian production
Better-than-expected output in the first quarter has prompted Hecla Mining (HL-N) to increase 2002 production estimates for its San Sebastian silver operation in northwestern Mexico.During the first t…
Canabrava, Navigator drill Kat
Canabrava Diamond (CNB-V) and Navigator Exploration (NVR-V) have returned to the Attawapiskat area of northern Ontario to drill-test a kimberlite target on their joint venture Kat project.The target s…
Atacama expands Chilean iodine project
Atacama Minerals (AAM-V) intends to expand production at its Aguas Blancas iodine project in northern Chile.In January, just short of a year after construction began, annual production reached 720 ton…
Partners extend B20 program (April 22, 2002)
Partners Appalaches Resources (APP-V) and Marum Resources (MMU-V) are extending their ongoing drill program at the B20 property, near Port Cartier, Que.So far, 13 holes (3,800 metres) have cut several…
Navigator comes up empty
Navigator Exploration (NVR-V) is disappointed by results from a short drilling program designed to test five high-priority geophysical pipe-like targets on the Crystal property in the Northwest Territ…
Inco celebrates centenary in the black (April 22, 2002)
Despite lower nickel prices and declining sales, Inco (N-T), which celebrates its 100th birthday this month, posted a profit of US$11 million for the first quarter. The figure marks a distinct improve…
eResearch looks at junior golds
In their inaugural Junior Gold Quarterly, mining analysts Bruce Reid and Don Poirier of Toronto-based Independent Equity Research (eResearch) have found good value in six North American gold juniors.T…
Trading Summary (April 19, 2002)
The Toronto Stock Exchange ended the week on a high note gaining 81.49 points or 1% to hit 7,818.11. The pipelines…
Minotaur cuts more big grades
Vancouver – Junior Minotaur Resources has tabled more impressive results from the Prominent Hill prospect on the Mt…
Falconbridge beats the street
With increased production, lower costs and rebounding nickel prices, Falconbridge (FL-T) posted better-than-expecte…
Eldorado restates earnings (April 19, 2002)
Vancouver – The finding that a 1994 US$10 million convertible debenture should have been treated as a debt instrume…