News

An option agreement between General Minerals (GNM-T) and the Chilean subsidiary of Phelps Dodge (PD-N) allows Phelps Dodge to earn a 72% interest in the Escalones…

Atlas Copco goes on tour…

Vancouver — Miramar Mining (MAE-T) was more than $32 million in the red in 2004, owing to closure costs incurred at the Con and Giant mines in the Northwest Territories….

U.S. stock markets fell over the holiday-shortened period March 22-28. The S&P 500 index ended the period down 9.5 points, at 1,174.28 points, and the Dow Jones industrial average fell 79.74 point…

Vancouver — Lumina Copper‘s (LCC-T) planned corporate restructuring, which will result in the creation of four new companies, has been altered. One of the proposed new entities has…

Vancouver — By mid-June, Sherwood Mining (SWM-V) expects to take possession of the advanced Minto copper-gold mine project, 240 km northwest of Whitehorse, Y.T….

Augusta Res. — Gil Clausen appointed president, CEO and director effective April 18….

A strengthening greenback and higher interest rates south of the border sent gold down another US$7.55 to an afternoon close of US$425.16 per oz. in London on March 24 (London markets remained closed…