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…
In December 2000, Canada’s production of gold, silver, primary copper, primary lead, asbestos and salt increased over levels reported for the last month of 1999.The increase is reported in Production …
To take advantage of robust metal prices, SouthernEra Resources (SUF-T) is accelerating development at its Messina platinum group metals project in South Africa.Starting in August, Messina will begin …
Exploration drilling at the Lac des les mine of North American Palladium (PDL-T) has established a significantly larger resource in the Roby Zone palladium-platinum deposit.The new calculation, compl…
Gold prices fell back into the low US$260s in London during the Feb. 28-March 6 report period following a mid-February rally that saw prices shoot up from US$256 to US$268 per oz.There was a dearth of…
Vancouver — The mining index took centre stage on Canada’s junior exchange during the report period ended March 6 as it broke through the 6,000 mark. The Canadian Venture Exchange (CDNX) composite in…
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14567 38.45 35.33 37.99 +1.74…
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…
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…
Denver — Reno, Nev.-based Meridian Gold (MDG-N) has formed a joint venture with Compania de Minas Buenaventura (BVN-N) in order to explore the Los Pircos gold prospect in northern Peru.Meridian can e…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Bolivar — Eric Pinkney appointed director.Consolidated Pine Channel — Richard Walker appointed president.Expatriate — Walter Segsworth appointed director.Goldcorp…
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