Just before leaving his post as mining analyst for Deutsche Bank, George Albino gave a thumbs-up to Corner Bay Minerals (BAY-T) for its steady progress at the Alamo Dorado silver project in Mexico’s S…
With net income slipping 43% in the recent quarter, Alcan Aluminium (AL-T) is warning that a weaker economy may cut into aluminum demand.For the fourth quarter ended Dec. 31, 2000, the world’s second-…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Vancouver-based Minefinders (MFL-T) has closed a $1.5-million private placement of 1.6 million units priced at $1 apiece.Each unit comprises one share and one non-transferable warrant allowing the hol…
Denver — The fourth quarter of 2000 was highlighted by a 40% increase in iron ore production and a 24% rise in aluminum production for Rio Tinto (RTP-N).The increase is attributed to the company’s ac…
Goldcorp (G-T) has increased by 43% the number of contained ounces in the High Grade zone of the Red Lake mine in northwestern Ontario.The mine, which re-entered production in August, now has a reserv…
Vancouver-based Great Quest Metals (GQ-V) has renegotiated its right to earn a 95% interest in the Baroya concession, 12 km north of Kenieba in western Mali. The project is west of, and adjacent to, t…
Denver — Junior Summo Minerals (SMA-T) has struck a deal with the two largest shareholders of Matrix Metals for the purchase of a 48% stake in the Australian copper producer.Summo will acquire 40% of…
As engine temperatures rise to make harmful emissions fall, automakers are turning to cast stainless exhaust manifolds to prevent thermal fatigue.”Because engines are running much hotter, some applica…
Denver — In response to low gold prices, Randgold Resources has suspended mining operations at the Syama gold mine in southern Mali. The company, a subsidiary of Randgold & Exploration Co. (RANGY-Q),…
Vancouver — Platinum and palladium plays took centre-stage at the 18th annual Cordilleran Roundup, held here in late January. About 2,100 delegates and 128 exhibitors attended the 4-day event, which …
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