Noranda Inc

Boliden’s losses narrow in quarter

The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…


Old Rio mines bolster BHP-Billiton

Added production from mines acquired in the Rio Algom takeover nudged BHP-Billiton’s (BHP-N) copper production past the 1-million-tonne mark for the fiscal year ended June 30.The newly merged miner’s …


Gathered in front of BacTech's pilot plant are (left to right): Arturo Vaca of Peoles, analyst Ed Flood, Ricardo Benavides Perez of Peoles, BacTech President Geoffrey Donohue, consultant Michael Rhodes, and director Ross Orr.

BacTech puts copper technology to test

Monterrey, Mexico — Having spent the past 15 years developing bioleach applications to treat refractory sulphide gold ores, only to see gold prices plummet to historic lows, BacTech Enviromet (YBA-V)…


Antamina ships first concentrate (July 16, 2001)

The massive new copper mine at Antamina in north-central Peru has shipped its first load of concentrate, putting the project ahead of its scheduled start of commercial production.The Antamina mill, de…


Virginia forms partnership with Placer Dome

Weeks after announcing a “strategic alliance” with Noranda (NRD-T), Virginia Gold Mines (VIA-T) has teamed up with Placer Dome (PDG-T) to explore for precious metals in the Labrador Trough regi…


Metallica rated a speculative buy

The increase in the share price of Metallica Resources (MR-T) to a recent 52-week high of $1.30 (off a year-low of 18) coincides with the release of assay results from a second round of drilling by N…


Boliden bows to legal pressure

Citing uncertainties associated with a lawsuit brought forth by Falconbridge (FL-T) and Noranda (NOR-T), Boliden (BOL-T) has decided to sell those companies its adjoining Lomas Bayas and Fortun…



Noranda drills Nfld copper prospect

Toronto-based Noranda (NOR-T) has begun a first phase of drilling at the Blue Point copper prospect, part of the Red Cliff project in eastern Newfoundland.Blue Point is a gently dipping, coastal expos…


Franco buys Metallica stake

Toronto-based Franco-Nevada Mining (FN-T) has acquired an additional 1.2 million shares of Metallica Resources (MR-T), boosting its equity stake to 3.4 million shares, or 12.76% of the Colorado-based …


Queenston, Thundermin table study

A positive feasibility study of the Duck Pond copper-zinc project in central Newfoundland means partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) will now be looking for permits and f…


Boliden shuns Bayas deal, will restructure

A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…