Analysts pick best bets for 2003
The Northern Miner asked five analysts of the junior mining sector for their recommendations and predictions for 2003. The list includes John Kaiser, publisher of the Kaiser Bottom Fishing Report, Don…
Boliden AB
Gold and diamonds took spotlight in 2002
Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …
Eastmain sees deep zones at Clearwater
Initial results from an 18-hole drill program at the Clearwater project in the James Bay region of Quebec have traced shallow gold mineralization to a vertical depth of 500 metres, a result that has t…
Sweden’s Storliden makes the grade
Skelleftea, Sweden — Storliden, the first new mine in Sweden in more than a decade, has begun commercial production of copper and zinc on time and under budget.Situated 140 km northwest of the city o…
Boliden profitable in first half
Sticks and stones may break its bones, but Boliden (BLS-T) is in the black for the quarter.Shortly after a European Union vice-president called it a “slut,” the Swedish base metals producer has posted…
Boliden hits mark at Garpenberg
Underground drilling by Swedish miner Boliden (BLS-T) in the Garpenberg area of central Sweden has encountered “extensive mineralization.”The holes, sunk from the 900-metre level, aimed at the 850- an…
Storliden mine approaches startup
A few months later than expected, the ramp at the Storliden copper-zinc project in northbern Sweden has reached its destination, stretching 960 metres to provide access to the 1.8-million-tonne deposi…
Falconbridge ends 2001 on sour note
Weak metal markets kept Falconbridge (FL-T) firmly in the red during the final three months of 2001, but not deep enough to erase profits made earlier in the year.Falconbridge squeaked by last year wi…
Taseko closes Gibraltar financing
Vancouver — Taseko Mines (TKO-V) has an exclusive right to acquire a limited partnership that has raised $1.8 million to research technology aimed at reviving the Gibraltar copper mine, near Williams…
Inmet picks up Pyhasalmi in deal with Finland’s Outokumpu
Inmet Mining (IMN-T) has inked a US$64-million deal to buy Outokumpu’s Pyhasalmi copper-zinc mine in central Finland, and to participate in a strategic alliance with the Finnish metal producer.The dea…
Storliden enters final stretch
With its decline more than half-finished, the Storliden project is taking shape as Sweden’s newest copper-zinc mine.Situated in the Skelleftea district, the project is owned by Swedish-based North Atl…
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…