General Minerals produces Bolivian silver
General Minerals (GNM-T) has commenced production at the Atocha silver mine in west-central Bolivia.A custom mill in Oruro processed the first 1,879 tonnes of ore, which averaged 627 grams silver per …
2000
Partners produce diamonds
Guyanor Ressources (GRL.B-T) and Rio Tinto (RTP-N) have started processing diamond-bearing ultramafic rocks at a plant on the Dachine property in French Guiana.The facility, capable of processing six …
GREATEST VALUE TRADED, April 19-25
Value($000s)HighLowCloseChangeAlcoa*N…
SPC posts higher earnings
Higher copper prices translated into higher profits for Southern Peru Copper (PCU-N) from its Peruvian operations in the first quarter of 2000.The average price of copper on the London Metals Exchange…
Tan Range adopts plan
Tanzanian-focused Tan Range Exploration (TNX-V), which holds a 90% interest in the Itetemia gold property, adjacent to the Bulyanhulu deposit, has adopted a shareholder rights plan to prevent the poss…
Noranda continues to rebound
In step with most of its competitors, base metal major Noranda (NOR-T) has started the new year by significantly improving its earnings.For the first quarter, Noranda posted earnings of $68 million (o…
Battle Mountain inks processing deal for Holloway
Battle Mountain Gold (BMG-N) has revised its custom milling agreement for its Holloway mine, near Matheson, Ont.Under an arrangement with Barrick Gold (ABX-T), Battle Mountain will put up half the fun…
Eldorado stays on track during first quarter
In the first quarter of 2000, Eldorado Gold (ELD-T) racked up a US$1-million profit and continued to reduce its outstanding debt.The company’s goal is to produce 185,000 oz. of the yellow metal at a t…
EuroZinc resumes work
With new geophysical data in-hand and the Feitais zinc deposit still open to expansion, EuroZinc Mining (EZM-V) is about to launch a 5,000-metre drill program at the Aljustrel massive sulphide project…
Mazarin’s Lac Knife poised to become New Economy mine
If Jacques Bonneau has his way, Mazarin Mining (MAZ-T) will join the highly touted New Economy without leaving the mining business. The Quebec-based company recently unveiled plans to provide graphite…
Aur buys stake in Quebrada Blanca mine
Cominco (CLT-T) and Teck (TEK-T) have reached an agreement with Aur Resources (AUR-T) for the sale for their combined 76.5% interest in the Quebrada Blanca copper mine in northern Chile.Comi…
Merger pays off for Phelps Dodge
Phoenix, Ariz.-based Phelps Dodge (PD-N) attributes its first-quarter savings of US$30 million to the acquisition of Cyprus Amax Minerals late last year.Increased purchasing power enabled Phelps Dodge…