Boliden shuns Bayas deal, will restructure
A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…
Falconbridge Limited
McVicar, BHP option Pigeon River (May 28, 2001)
Partners McVicar Minerals (MVR-V) and BHP (BHP-N) have optioned Falconbridge’s (FL-T) Pigeon River copper/nickel/platinum-group-element project, near Thunder Bay, Ont.The property includes 4…
Falco, AMR lead nickel search in Vietnam
Hanoi, Vietnam — With their eye on the Ban Phuc nickel-copper deposit as a potential development project, Falconbridge (FL-T) and its New Zealand-based partner are investigating the Ta Khoa concessio…
Falconbridge chronicles environmental progress
Every year, Falconbridge (FL-T) reviews its environmental performance in its Sustainable Development Report, and the 2000 edition is nothing if not comprehensive and candid.Falco’s parent company, Nor…
Strike clips Falco’s wings
The good times did not last long for Falconbridge (FL-T), which barely squeaked out a profit in the first quarter.Pinning the blame on falling metal prices, a strike in Sudbury and production difficul…
Outokumpu buys Norzink smelter
Denver — Boliden (BOL-T) and Rio Tinto (RTP-N) have completed the US$180-million sale of the Norzink smelter and refinery complex to Finnish giant Outokumpu. The operation is in southwestern N…
Aurora Platinum shows potential in Sudbury basin
Junior Aurora Platinum (ARP-V) is embarking on a 20,000-metre drill program as it searches for copper-nickel-platinum group metals (PGM) on projects in Ontario and Quebec.Having run up as high as $8.1…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
Falco posts record earnings despite strike
Higher metal prices and increased low-cost production from its new Raglan and Collahuasi mines offset the effects of an ongoing strike at its Sudbury operations, enabling Falconbridge (FL-T) to post r…
Darnley Bay gears up for major program
The coming year promises to be a busy one for Darnley Bay Resources (DBL-V) as it continues to search for deposits of copper, nickel, platinum group elements (PGE) and diamonds in the Inuvialuit settl…
Falco cuts Kidd output
Production has been halted by Falconbridge (FL-T) at a portion of its Kidd Creek copper-zinc operation, in Timmins, Ont., following a ground movement after blasting late last year.The company says pro…
Wallbridge sees continuity in Parkin nickel project
Drilling by Wallbridge Mining (WM-T) on the Parkin dyke, 65 km northeast of Sudbury, Ont., is indicating that known mineralization is continuous at depth and that the mineralized zones may plunge to t…