Falco earnings rise, taxes fall
Falconbridge (FL-T) saw its second-quarter earnings jump 45% to $56 million, reflecting higher nickel prices and a one-time $12-million tax recovery relating to changes in federal resource-sector taxa…
Falconbridge Limited
Montcalm looking good for Falco
Falconbridge (FL-T) has outlined a positive development plan for its Montcalm nickel-copper project, 70 km northwest of Timmins, Ont.The Dighem Syndicate discovered the Montcalm deposit in 1976, and i…
Falco slashes Kidd workforce by 10%
With the planned 9-week shutdown of the Kidd metallurgical site already extended by a month, Falconbridge (FL-T) intends to cut 85 jobs at the Ontario operation.The jobs will be cut over three months …
Globestar eyes producer status in Dominican Republic
Santo Domingo, Dominican Republic — Globestar Mining (GMI-V) (formerly TGW Corp.) has taken a step toward joining the ranks of mid-tier base metal producers by signing a mining resolution for its Cer…
Falco extends Kidd grounding
With the zinc market showing no signs of recovery, Falconbridge (FL-T) is extending by a month the previously planned 9-week shutdown of refining operations at its Kidd metallurgical site in Timmins, …
Canadian Royalties pegs Mesamax resource
Vancouver — An independent resource estimate for the Mesamax zone has verified the economic potential of the Expo-Ungava nickel-copper-platinum-palladium property in northern Quebec.Glenn Mullan, pre…
Juniors scour BC’s Toodoggone region
Vancouver — With the Kemess South open-pit copper-gold mine serving as a model, Northgate Explorations (NGT-V) and a host of other juniors are exploring the Toodoggone region of north-central British…
Healthy prices, discoveries spur nickel exploration
After losing ground to their trendy laterite cousins a few years ago, nickel sulphide deposits — hosts of the giant Sudbury, Voisey’s Bay and Norilsk orebodies — are back in fashion.Nickel sulphide …
Amerigo prepares spring budget
Once the snow melts, Amerigo Resources (ARG-T) will renew its search for iron oxide copper-gold deposits in the Sault Ste. Marie region of northwestern Ontario.At the Coppercorp property, Amerigo will…
Falconbridge grounds Kidd for eight weeks (March 03, 2003)
Citing a poor zinc market, Falconbridge (FL-T) is extending to eight weeks the planned closure of its refining operations at the Kidd metallurgical site in Timmins, Ont.Daniel Picard, general manager …
Amerigo still faithful at Coppercorp (February 03, 2003)
A follow-up geochemical survey at the Coppercorp copper-gold-silver property, north of Sault Ste. Marie, Ont., has returned mixed results for Amerigo Resources (ARG-V).In September, Amerigo acquired t…
CZZ extends Expo-Ungava
Vancouver — Canadian Royalties (CZZ-V) has confirmed the downdip extension of high-grade mineralization at the Mesamax zone on the Expo-Ungava property in northern Quebec.Holes 40 through 54 were dri…