News


New mine propels Antofagasta

Higher copper prices and the commissioning of the Los Pelambres mine in Chile have transformed London-based Antofagasta (ANFGF-O) into a low-cost producer.Los Pelambres, which entered production late …


BC policies hurt investment

Over the past 25 years, Teck has developed, or participated in developing, more than a dozen mines in Canada, including five in British Columbia. However, the company’s next four mining operations und…


Billiton joins Copper Ridge at Howard’s Pass

On the heels of its friendly takeover offer for Rio Algom (ROM-T), London-based Billiton has signed a letter of intent with Copper Ridge Explorations (KRX-V) to participate in the evaluation an…


Cominco earns rep as stalwart

Environmental stewardship and mining are often portrayed as being mutually exclusive, though Cominco (CLT-) is demonstrating that nothing could be farther from the truth.Since 1995, the Canadian miner…





Heikki Limion

Heikki Limion, a renowned geophysicist who lived in Toronto, has died. He was 58.Limion was born in Estonia in 1942. Shortly thereafter, his family fled to Germany and they eventually arrived in Canad…


Inco aims for full control of Voisey’s Bay

Casting the spotlight on base metals once again, Inco has offered to buy back its Class VBN shares for $195 million in cash and 11.7 million warrants. The shares equate to a 25% stake in cash flow fro…



Quebec supports asbestos producers

To counter the continuing hostility being heaped upon asbestos, most notably in the European Union, the government of Quebec is advocating the use of chrysotile and the safe use of all other types of …


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