Phelps Dodge drives down costs
The world’s second-largest copper producer, Phoenix, Ariz.-based Phelps Dodge (PD-N), is starting to show success in its efforts to reduce operating costs at its mines around the world.Dubbed “Quest f…
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Grupo Mexico sees improvements in Q1
Financial results appear to be improving for copper giant Grupo Mexico as cutbacks in production make their effect felt across the organization.Grupo Mexico booked a net loss of US$20.9 million on rev…
GLR dusts off cobwebs
With the price of gold on the rise, GLR Resources (GRS-T) has decided to forge ahead with the development of the Box and Athona deposits, which form part of its Goldfields project on the north shore o…
Juniors eye precious metals in Argentina
Argentina’s recent financial woes have not deterred two juniors from inking separate deals to explore for precious metals there.Silver Standard Resources (SSO-V) has purchased a 43% interest in the Pi…
J-Pacific nabs Callahan
Vancouver-based J-Pacific Gold (JPN-V) has acquired an option to buy the Callahan property in Nevada’s Lander Cty.The Callahan property consists of 10 patented and 42 unpatented claims overlying a seq…
Seabridge builds up fringe gold projects
Some gold companies become marginal plays, and others have that status thrust upon them; the unusual thing about Seabridge Resources (SEA-V) is that it was born a marginal play, and by design.Founded …
Trading Summary (June 07, 2002)
Just four of the Toronto Stock Exchange’s subindices managed to end the week in the black on Friday. The golds were…
Decree cast shadow over Crucitas and Bellavista
With legal action still pending over disputed rights to the gold and copper project in Venezuela, Vannessa Ventures…
Canadian Royalties to raise up to $3 million
Canadian Royalties (CZZ-V) has singed a letter of intent to have Dundee Securities act as agent for a private place…
H-1 body fails to yields diamonds
Vancouver Microdiamond analysis on drill core collected from the newly discovered H-1 anomaly on the Tichegami Ri…
Trading Summary (June 06, 2002)
The Toronto Stock Exchange’s Gold index rebounded to the tune of 4.85 points or 2.2% ending at 221.49 points. The r…
Madison eyes gold in Nevada
Vancouver – Having resumed exploration activities on its Mt. Kare property in Papua New Guinea, Madison Enterprises…