Eastern Canada’s VMS camps attract financing
Exploration for volcanogenic massive sulphide (VMS) deposits is showing signs of sustainable life in eastern Canada as majors Billiton, Inmet Mining (IMN-T), Noranda (NOR-T) and Phelps…
Noranda Inc
Noranda continues profitable growth, enhances Perseverance
Stronger commodity prices nudged Noranda’s (NOR-T) third-quarter earnings a little higher, despite higher energy prices and an ongoing strike at the Sudbury, Ont., operations of subsidiary Falconbridg…
Noranda tests Perseverance
If the high-grade results of recent drilling are any indication, Noranda (NOR-T) may soon prove that Perseverance pays at its mining complex in the Matagami camp of northern Quebec.Perserverance is th…
Correction (April 17, 2000)
In our April 10 issue, we incorrectly stated that the Majistral deposit in Peru, held by Inca Pacific Resources (IP-V), has reserves of 500 million tonnes averaging 1.2% copper, 1% zinc, and 0.03% mol…
Antamina overshadows progress at Spence
While engineering, procurement and construction continue at the Antamina copper-zinc project in Peru, Rio Algom (ROM-T) is forging ahead with a full feasibility study for its wholly owned Spence coppe…
Partners resume work at Magistral
Partners Inca Pacific Resources (IP-V) and Anaconda Chile have kicked off a spring exploration program at their Magistral copper-skarn target in Peru.Anaconda stands to earn a 51% interest in the prop…
Drills turn at Lobo polymetallic properties in Mexico
Vancouver-based junior Far West Mining (FWM-V) has begun a program of reverse-circulation drilling at its Lobo 14b polymetallic property in San Luis Potosi state, north-central Mexico.In February 1999…
Partners team up in NB
Eastmain Resources (ER-T) has stepped up its exploration efforts in the prolific Bathurst base metal mining camp of New Brunswick by optioning 394 claims from Stratabound Minerals (SB-V).The claims ar…
Monument Bay drilling turns up more gold
Drilling by Thunder Bay-based Wolfden Resources (WOLF-C) continues to intersect gold mineralization in the known A and B Zone structures at the Monument Bay deposit in northeastern Manitoba.The progra…
Partners to see if Duck Pond flies
Following a successful program of infill and extension drilling, Queenston Mining (QMI-T) and Thunderwood Resources (THR-T) are advancing the Duck Pond base metal project in central Newfoundland to th…
Foreign prospects keep base metals sector vibrant
The improvement in copper prices over recent months could be a harbinger of things to come in the base metals sector. Nickel prices are fast approaching US$5 per lb. and even zinc has made a modest co…
Anglo, Karmin ink Aripuana agreement
An agreement signed in mid-February will see properties held by Anglo American (AAUK-N) and Karmin Exploration (KARM-C) in the Aripuana area of Mato Grosso state, Brazil, combined into a single joint …