Falconbridge Limited


Metal traders run down gold

Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…


Map credit: Canadian RoyaltiesA map outlining Canadian Royalties' deposits and targets in the Expo-Ungava region of far northern Quebec.

Cdn Royalties envisages open-pit mining at Mesamax

Ungava-Nunavik District, Que. — There is no huge gossan, just a few frost-heaved, weakly mineralized rustic boulders. In fact, it’s quite an unspectacular showing . . . but within a few metres of sur…


Photo by Stuart McDougallHarold Tracanelli, project geologist for Ursa Major Minerals, and President Richard Sutcliffe (front-left) run through a cross-section of the new Shakespeare deposit near Sudbury, Ont.

Ursa Major sheds light on Nipissing

Sudbury, Ont. — It just might be too small for Falconbridge (FL-T), but this region’s newest magmatic sulphide discovery sits well with junior partner Ursa Major Minerals (UMJ-V).Ursa holds a 51% sta…


Barrick re-shuffles management deck

The gold companies took centre-stage during the report period ended Sept. 23, as the yellow metal resumed its bull run by lunging forward $12.35, or 3.3%, to US$385.25 per oz., pulling the S&P-TSX Gol…


TSE finds footing before closing bell

Despite some teeter-tottering, and no thanks to the golds, the Toronto Stock Exchange composite index ended the Sept. 10-16 period 28.98 points ahead at 7,625.37.Precious metal prices were down across…


Prospector George Harkin examines drill core the from Expo-Ungava property in northern Quebec. The drill program was financed in part by issuing 1.05 million flow-through units in February.

Flow-through funds jump start juniors

Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…



Metal price rally sends producers higher

A rally in metal prices pushed both gold and base metal producers to higher ground over the holiday-shortened Aug. 27-Sept. 2 report period. The Toronto Stock Exchange gold subgroup tacked on 5.38 poi…


Bulls charge, gold bugs fly higher

The “Blackout of 2003” failed to darken the mood of investors, who pushed the Toronto Stock Exchange composite index 128.80 points higher over the Aug. 13-19 report period. The benchmark finished at 7…


Falco up and running after blackout

Falconbridge (FL-T) says its Ontario-based mining operations were up and running on Aug. 18, following North America’s largest-ever power outage, which began in the late afternoon of Aug. 14.The Sudbu…


Goldbrook expands in Ungava region

Vancouver — Junior Goldbrook Ventures (GBK-V) has added ground to its promising portfolio of projects in the Ungava region of Quebec.The Michael Magrum-led company inked two deals, one with Inlet Res…


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