Alcoa sheds its chemicals division
Aluminum giant Alcoa closed the period ended March 2 up US45 to US$37.71 after its 60%-owned subsidiary Alcoa World Alumina & Chemicals completed the sale of Alcoa Specialty Chemicals to two private …
News
Resource stocks fuel junior exchange
Vancouver — Canada’s junior exchange finished the report period ended March 2 on a bullish note as resource shares fueled a late rally. The S&P-TSX Venture Exchange composite index closed at 1899.09,…
Southern Rio cuts gold at 3Ts project (March 08, 2004)
Vancouver — Southern Rio Resources (SNZ-V) has tabled encouraging assay results following exploration drilling on the 3Ts project in central British Columbia.The program tested several targets on the…
US metal output slips
Many indicators reflect a rebounding U.S. economy: rising consumer confidence, higher retail sales, greater industrial production, and more new home starts. Yet production from metal and industrial mi…
Fernando Bearzi
Fernando Bearzi, known as the logistical expert in Argentina, has died of complications following surgery there.In the 1990s, Bearzi provided logistical support for miners working in the country via h…
Suppliers Roundup (March 08, 2004)
ALS expands in South AfricaALS Chemex is preparing to open a new, full-service lab in Johannesburg.The lab will service the growing need for sample analysis in Africa and help ALS Chemex expand its pr…
Teck Cominco declares force majeure at Trail
Teck Cominco (TEK-T) has declared force majeure on deliveries of refined lead from its Trail smelter in southeastern British Columbia.An explosion inside the Kivcet lead furnace at Trail caused extens…
Western Keltic acquires Kutcho Creek in BC
Western Keltic Mines (WKM-V) will perform exploration drilling on its newly acquired Kutcho Creek project in northern British Columbia.The Kutcho Creek volcanogenic massive-sulphide deposit is one of …
Azure active at Meguma
Vancouver-based Azure Resources (AZR-V) is underground on the Mooseland project, 70 km north of Halifax, where it recently took a bulk sample of more than 2,000 tonnes from the Irving, Little North an…
Fronteer raises $6m for exploration
Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private-placement financing, with most of the proceeds earmarked for exploration in Labrador and Red Lake. The fin…
Aquiline expands Argentine project
Drilling by Aquiline Resources’ (AQI-V) at its Calcatreu gold-silver project in Argentina has extended a zone of high-grade mineralization to more than 700 metres.The latest, 13-hole program targeted …
Vantex reports hot hole at Guillet
Some impressive gold grades from the Guillet property in Temiscamingue, Que., sent shares of Vantex Oil, Gas & Minerals (VTX-V) soaring on Feb 25.Hole 70 returned 13.3 metres grading 40.7 grams gold p…