New ministers of finance are always watched carefully to see how much their budgets will depart, philosophically and strategically, from those their predecessors brought down. John Manley’s first budg…
U.S. markets had a bouncy week, with the Dow Jones Industrial Average covering a 150-point spread in the report period Feb. 19-25, before settling at 7,909.50. The golds were down and the base metal p…
In the past 25 years, there have been numerous major changes in the cobalt market. Prior to 1978, cobalt was almost exclusively supplied from Zaire (now the Democratic Republic of Congo) and Zambia as…
A Dutch woman and three Italian men are being held by Belgian police in connection with one of the country’s biggest-ever diamond heists.The four suspects are being held on suspicion of stealing diamo…
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes of an ongoing drill program at the Ona-Puma nickel laterite project in Brazil’s Para state.Nickel assays are in line wi…
Candente Resource (DNT-V) has closed a $1-million financing with Goldcorp (G-T) as a first step toward collaborating on grassroots gold exploration in Newfoundland.The non-brokered private placement c…
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource estimates for five of seven deposits at the McCreedy West mine in Sudbury, Ont.Measured…
Citing a poor zinc market, Falconbridge (FL-T) is extending to eight weeks the planned closure of its refining operations at the Kidd metallurgical site in Timmins, Ont.Daniel Picard, general manager …
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 25Feb. 24Feb. 21Feb. 20Feb. 19US$ in C$…
Canadian Copper and Brass Development Association — Stephen Knapp appointed executive director, succeeding Arnold Knapp, who is retiring.Dios Exploration — Claude Britt appointed to board of directo…
A 6-hole drill program by Band-Ore Resources (BAN-T) at its Thorne property, west of Timmins, Ont., has found low-grade gold mineralization in previously untested areas south of the Main zone.Two hole…
A book on geotechnics published by the Ontario Geological Survey is designed to assist city planners in Sudbury.The Physical Environment of the City of Greater Sudbury is the first publication to desc…
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