Armed with data from 15 diamond- and reverse-circulation holes, Noranda (NRD-T) has tabled an inferred resource estimate for the El Morro area on Metallica Resources’ (MR-T) copper-gold project of the…
Improved metal prices have always had a way of giving new life to old projects, so it need not be a surprise that the recent rise in the gold price has acted like a defibrillator on several projects i…
Shares in Metco Resources (MKO-V) surged 2.5, or about 21%, to 14.5 in late afternoon trading on Dec. 22, after the junior granted Noranda (NRD-T) an option to earn up to a 70% stake in its properti…
In Mexico, Metallica Resources (MR-T) has awarded a US$105-million mining contract at its Cerro San Pedro project, which is expected to pour its first gold by the end of 2004.The proposed heap-leach o…
Profit-takers went away happy as the Toronto Stock Exchange composite index dipped 24.76 points over the Jan. 7-13 report period, ending the week at 8,380.34.Gold also reversed course, retreating US$3…
Employees at Noranda’s (NRD-T) Altonorte custom copper smelter in Chile have ratified a 3-year collective agreement. The new deal includes improved wages and benefits, and has provisions for performan…
The Toronto Stock Exchange’s gold issues dominated the holiday-shortened report period ended Dec. 29.The gold index shot up 15.59 points over the three days to end 6.5% higher at 234.03. Most of the g…
Zamora, Ecuador — Aurelian Resources (ARU-V) has intersected spectacularly high-grade gold values in the first hole drilled at its 100%-owned Condor project in southeastern Ecuador.The Toronto-based …
Employees at Noranda’s (NRD-T) Altonorte custom copper smelter in Chile have ratified a new three-year collective a…
Junior Slam Exploration (SXL-V) is joining with Noranda (NRD-T) to explore for base metal deposits in the Bathurst camp of northern New Brunswick.Slam, which is based in Miramichi, N.B., will spend $2…
Cayeli, Turkey — Now that areas affected by last year’s cave-in have been fully rehabilitated and repaired, the Cayeli underground copper-zinc mine in Turkey is experiencing high production rates.The…
Vancouver — Reminiscent of the 1970s, copper exploration has once again taken centre-stage in the hunt for metals in British Columbia.Sparking the revival are higher prices and a new discovery made b…
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