News

Copper miners eye higher prices (September 29, 2003)

Vancouver — After years of cutting back production because of low prices, the world’s largest copper miners are optimistic the market for the red metal will improve in 2004.Phelps Dodge (PD-N) expect…



Miners picket Denver forum

Roughly 100 miners at the Newmont gold mine in Nevada travelled 1,000 km to Denver, Colo., in mid-September to protest being without a contract for more than a year.The miners picketed outside the Wes…


Barrick re-shuffles management deck

The gold companies took centre-stage during the report period ended Sept. 23, as the yellow metal resumed its bull run by lunging forward $12.35, or 3.3%, to US$385.25 per oz., pulling the S&P-TSX Gol…


Ivanhoe hits high grade at depth

Vancouver — The latest drill results from the Turquoise Hill copper-gold project have enhanced the prospects of mining the massive orebody that lies deep underneath the South Gobi Desert in Mongolia….


Wheaton River cashes-up

Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…



Time to put pressure on Cuba To lift the smokescreen

A dozen years since the Iron Curtain parted, the divide between the civilized world and Cuba — let’s call it the Smokescreen — remains in place. But we know that what lies behind it is an affront to…


Levack resurrection?

Having established a resource, partners FNX Mining (FNX-T) and Dynatec (DY-T) are studying the feasibility of resuscitating the historic Levack mine in Sudbury, Ont.Except for an 8-year hiatus in its …




Bullion pushes venture exchange higher

Vancouver — Canada’s junior exchange was buoyed by the strength of bullion during the week ended Sept. 23. The S&P-TSX Venture Exchange composite index tacked on 21.1 points, or 1.54% of value, to cl…


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