CCR copper refinery deal ratified
Unionized employees have voted 67% in favour of accepting the terms of a new three-year agreement at Noranda’s (NOR…
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Trading Summary (June 18, 2001)
The further misadventures of market heavyweight Nortel Networks dragged the Toronto Stock Exchange down another 108…
Seven inducted into National Mining Hall of Fame
Seven pioneers of North American mining have been welcomed into the U.S.-based National Mining Hall of Fame.Only one of the inductees, Stewart Wallace, is alive; the others will be honoured posthumous…
Drilling opens up Vault
Drilling at the Meadowbank gold project, near Baker Lake, Nunavut, has increased the size of the Vault gold zone.Cumberland Resources (CBD-T) recently sank 19 widely spaced holes into the zone, mainly…
MagAlloy advances Koilu
A memorandum of understanding with Siemens of Germany will enable Magnesium Alloy (YMY-V) to advance the Koilu magnesium project in the Republic of Congo.The agreement identifies several areas of co-o…
SAM explores ground near Val d’Or
Prospecting and geophysical surveys will begin this summer at the Grenab project, about 120 km east of Val d’Or, Que. Southern Africa Minerals (SAF-T) acquired the ground based on its potential to hos…
Journalist Kaplan honoured by CIM
Frank Kaplan, whose career as a journalist in the resource industry has spanned more than a quarter-century, was recently honoured with a lifetime achievement award from the Canadian Institute of Mini…
Brancote eyes second Chubut target
Denver — Now that the Esquel gold property in southern Argentina is progressing to the development phase, London-based Brancote Holdings is evaluating other prospective targets in the region.One such…
GREATEST VALUE TRADED, JUNE 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N48222944.9839.7740.50-4.34…
Francisco cuts high-grade gold at Marlin
Vancouver — Junior Francisco Gold (FGX-T) has tabled more impressive results from an ongoing 3,000-metre drill program at its wholly owned Marlin gold-silver project in western Guatemala.Since April,…
Goldcorp’s Red Lake Canada’s largest gold mine
Move over Golden Giant and Eskay Creek. The new Red Lake mine, owned and operated by Toronto-based Goldcorp (G-T), has become Canada’s largest gold operation, based on this year’s revised production e…
Barrick at work in Alaska
Vancouver — Mining titan Barrick Gold (ABX-T) has kicked off a $600,000 exploration program on the California and Surf properties, held jointly by Rimfire Minerals (RFM-V) and Western Keltic Mines…