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Wheaton’s silver spinoff adds twist

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…


Escondida in northern Chile ranks as the world's largest copper mine, accounting for 8% of global copper output. The mine's owners are BHP Billiton (57.5%), Rio Tinto (30%), a Japanese consortium led by Mitsubishi (10%), and the World Bank's International Finance Corp. (2.5%).

Outlook for base metals

Base metal prices saw their first peak in April, and have retraced 15% since then. Before the second leg of our expected twin-price peak starts to form, we expect further price falls.



Temex sizes up Juby Main zone (July 26, 2004)

GeoVector Management has completed an initial resource estimate for the Main zone on the Juby gold project, on the western extension of the Larder Lake Cadillac Fault, near Gowganda, Ont. The property is owned by Temex Resources





Landslide brings down Freeport

The period ended July 20 was punctuated by a hefty second-quarter loss by Freeport-McMoRan Copper & Gold, which stemmed primarily from a major rockslide last October at its giant Grasberg mine in Indonesia.


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