Falconbridge chronicles environmental progress
Every year, Falconbridge (FL-T) reviews its environmental performance in its Sustainable Development Report, and the 2000 edition is nothing if not comprehensive and candid.Falco’s parent company, Nor…
Raglan Mine
Strike clips Falco’s wings
The good times did not last long for Falconbridge (FL-T), which barely squeaked out a profit in the first quarter.Pinning the blame on falling metal prices, a strike in Sudbury and production difficul…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
MM2000 highlights industry successes and challenges
Mining Millennium 2000 was every bit the grand convention and trade show that its organizers — the Prospectors & Developers Association of Canada (PDAC) and the Canadian Institute of Mining, Metallur…
Falconbridge rides surge in nickel prices
Falconbridge (FL-T) enjoyed a dramatic turnaround in third-quarter earnings, thanks to higher nickel prices and additional output from the Collahuasi copper mine in Chile.For the three months ended Se…
INVESTMENT COMMENTARY — Analysts see bright outlook for nickel
Citing what they describe as “base metal euphoria,” analysts at National Bank Financial are bullish on the prospects for Canada’s two major nickel producers, Inco (N-T) and Falconbridge (FL-T).In a re…
Nickel producers suffer growing pains — Problems stem from engineering design, equipment selection
In discussions with delegates at the 1999 Australian Nickel Conference held here recently, the consensus was clear: the most dramatic change facing the nickel industry is the emergence of the Western …
Noranda posts slim first-quarter earnings — Collahuasi, Raglan boost production of copper and nickel
With a major restructuring behind it and several large projects in the pipeline, Noranda (NOR-T) managed to withstand the effects of low metal prices and turn a slight profit in the first quarter.In t…
COMMENTARY — Quebec’s year ahead
The current uncertainty in Asian markets makes it unlikely there will be a significant increase in metal prices in 1999. Only from the year 2000 on can we expect to see a recovery; indeed, the value o…
EDITORIAL — Another year bites the dust — A look back
With the euphoria of 1996 and early 1997 a distant memory, the mining industry was brought back down to earth in 1998 by the triple whammy of low metals prices, global economic weakness and investor a…
OBITUARIES — Colin Coats
Colin Coats, a former chief geologist with Falconbridge, has died of cancer.Born in Scotland, Coats obtained a degree at the University of Edinburgh before emigrating to Canada to complete his educati…
Falco cuts ribbon on Raglan
The official opening of the Raglan mine on the Ungava Peninsula, coming some 40 years after the discovery of the area’s nickel deposits, was nothing if not a celebration of persistence. And that mine …