Globex Mining Enterprises Inc


BY SUSAN KIRWINFrom left: First Metals chairman Jay Jaski; director George Salamis; Romeo D'Angela of Novadan Capital; First Metals CEO Richard Williams; Bob Romanyk of Private Equity Capital; and Sylvain Lessard, First Metals' mine manager at the Fabie Bay project. Fabie Bay was mined by Noranda in the 1970s and First Metals plans to bring the operation back into production sometime this fall.

First Metals set to be a miner

SITE VISIT Rouyn-Noranda, Que. — First Metals (FMA-T) is nearing the finish line in its race to bring the past-producing Fabie Bay open-pit and underground…




Production in sight for Fabie

Its been just half a year since First Metals (FMA-T) formed so it could put the Fabie Bay and Magusi River copper-…



Globex and co. seek Tennessee zinc

A Toronto-based private group has agreed to buy the Smith Cty., Tennessee zinc mines formerly operated by Pasminco, and plans to go public in a $20-million financing.




Miners take a breather

The Toronto Stock Exchange ended the Nov. 22-28 report period 21.87 points better at 10,939.21. The gold index yo-yo’d 1.12 points lower to 234.46, as the yellow metal tacked on US$7.05 to settle at U…


TSX basks in golden glow

After some earlier profit-taking, Toronto stocks resumed their ascent to end the Nov. 15-21 report period 132.62 points better at 10,817.34. The country’s gold miners enjoyed a boost as the yellow met…



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