News

MinMetals deal for Noranda offers little for Canada

This is the first of two parts taken from a paper titled China Minmetals and Noranda: A Backdoor Nationalization Process of Canada’s Natural Resources? The paper was written and published by the office of David Kilgour, Liberal member of Parliamen…



Iamgold jilted, again (December 13, 2004)

After weeks of legal challenges and verbal sniping, shareholders of Gold Fields (GFI-N) have finally had their say, narrowly rejecting their company’s plan to merge its international assets with those of Iamgold


Alcan plans closures, job cuts (December 13, 2004)

Montreal-based aluminum giant Alcan (AL-T) plans to close three European facilities as part of a restructuring plan associated with its assimilation of French rival Pechiney, which it acquired in 2003.


Stillwater increases safety

The U.S. Mine Safety and Health Administration (MSHA) says Stillwater Mining‘s (SWC-N) namesake mine is the “most improved” in the Rocky Mountain District.



Thomas to talk in Toronto

Kenneth Thomas, chief operating officer of Crystallex International, will speak at the next luncheon of the Toronto branch of the Canadian Institute of Mining Metallurgy and Petroleum. The event is slated for Dec. 16 at the Ontario Club.



And then there were ten . . . again

Consolidating the gold industry, no matter how hard some companies may try, still isn’t coming easily: witness the defeat of the friendly deal that would have created Gold Fields International.


One geoscience licence for Canada

Provincial legislation restricting the practice of geoscience to registered practitioners does not answer the requirements of the profession, says Richard Moore, chairman of the geoscience committee of the Prospectors & Developers Association Cana…


New bits for Boart

Boart Longyear has launched the Alpha series diamond drill bits, which are designed to last longer than their predecessors.


Campbell boosts interest

Partners of Campbell Resources (CCH-T) in the Copper Rand project in north-central Quebec have agreed to turn their minority interest into shares of Campbell.


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