Madrid bombings shake US-led coalition
The report period ended March 16 was stained by a terrorist attack on Spanish commuters riding Madrid’s train system during the early hours of March 11. Ten bombs were detonated on four trains, killin…
Teck Resources Limited
Cheviot coal mine to go ahead
After a long wrangle over permitting, Fording Canadian Coal Trust (FDG.UN-T) and partner Teck Cominco (TEK-T) have…
It’s all in the US dollar: Scotia Capital
A forecast for a continued decline in the greenback, outlined in the research booklet Focus 2004: Outperformers and Underperformers for 2004, underpins much of Scotia Capital’s predictions for the glo…
Teck takes shine to Freewest’s prospect
Teck Cominco (TEK-T) has invested in a grassroots gold discovery of Freewest Resources Canada (FWR-V) in northwestern Ontario.The Vancouver-based major will take down 1.1 million units of Freewest pri…
Profit-taking grabs hold of broad market
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…
Taseko eyes Gibraltar rebirth
Vancouver — A mining investment partnership is looking to raise up to $35 million in an effort to resume operation…
Inmet’s Cayeli back on track
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…
New life for Lucky Friday
Hecla Mining (HL-N) will proceed with major underground development at its wholly owned Lucky Friday silver mine in northern Idaho’s Coeur d’Alene camp, ensuring that the struggling operation will rem…
BHP Billiton to sell stake in Highland Valley
Vancouver — BHP Billiton (BHP-N) has inked a deal with privately owned Quadra Mining to sell its 33.6% stake in the Highland Valley Copper mine, in British Columbia, as well as its 100% interest in t…
Price squeeze has base metal issues jumping
Toronto equities were little-changed over the report period Dec. 3-9, a modest gain of 48.34 points putting the TSX Composite index at 7,975.94. The base metal and gold stocks headed in opposite direc…
Teck, EPA at loggerheads
Talks have broken off between enforcement staff of the U.S. Environmental Protection Agency (EPA) and Teck Cominco (TEK-T), after the EPA refused an offer from the company to fund environmental site e…
Dixie drilling intersects gold
A ten-hole drilling program at the Dixie gold prospect, 25 km south of Red Lake, Ont., has returned mineralized int…