Ursa Major posts Shakespeare resource (April 16, 2004)
Ursa Major Minerals (UMJ-V) has calculated a new resource at the Shakespeare nickel-copper deposit near Sudbury, On…
Falconbridge Limited
Falconbridge earnings soar
Higher metal prices more than offset the affects of a three-week strike at its Sudbury operations and helped Falcon…
Bioteq cleaning up one mess at a time
Mining has long had a problem with acid mine drainage, and Vancouver-based
Falconbridge OKs Nickel Rim South
Falconbridge (FL-T) has approved a US$368-million program of definition drilling underground at its Nickel Rim South deposit in Sudbury, Ont.The program is expected to last five years and will begin i…
Falconbridge soars to higher perch in ’03
Thanks to a strong finish, Falconbridge (FL-T) nearly quadrupled its earnings in 2003.Falco pocketed US$194 million (or US$1.05 a share) on 2003 revenue of US$2.08 billion, compared with US$50 million…
Barrick, Falco team up in Tanzania
Odd couple Barrick Gold (ABX-T) and Falconbridge (FL-T) have agreed to explore jointly the Kabanga nickel deposit in Tanzania.Falco can take a half-interest and assume the role of operator by funding …
It’s all in the US dollar: Scotia Capital
A forecast for a continued decline in the greenback, outlined in the research booklet Focus 2004: Outperformers and Underperformers for 2004, underpins much of Scotia Capital’s predictions for the glo…
Broad market rises as golds and base metals heat up
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…
Strike shuts Falco down in Sudbury
Two months of negotiations between union members and Falconbridge (FL-T) have ended in failure, forcing the major t…
Broad market forges ahead, golds left behind
Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…
Base metal miners shine
While gold producers enjoyed the limelight in early December, it was the base metal miners that powered forward during the 4-day period ended Dec. 22 as the S&P/TSX Metals and Mining index rocketed 12…
Shakespeare tests positive
Test milling of drill core samples from the Shakespeare copper-nickel project west of Sudbury, Ont., has recovered a bulk copper-nickel concentrate.The testing, done by SGS-Lakefield Research for proj…