Franco has banner year
For a company whose principal assets are unhedged gold royalties, Franco Nevada Mining (FN-T) had an unusually good year ended March 31.The Toronto-based royalty company turned a $113.4-million profit…
Inco Limited
Majors option Tucum target
Majors Teck (TEK-T) and Inco (N-T) will jointly explore the Tucum iron-oxide copper-gold project in north-central Brazil.The pair can earn an initial combined 51% interest in the property from Brasilc…
Inco to replace Port Colborne soil
Following administrative action by the Ontario Ministry of the Environment (MOE), Inco (N-T) has launched a program to replace nickel-contaminated soils on residential properties near its old refinery…
Base metal miners start year in the black
The April 18-24 report period saw Canada’s biggest base metal producers issue a string of relatively healthy first-quarter earnings reports.Inco announced it had earned US$85 million or US42 a share …
Inco ready to develop Goro
With feasibility studies now complete, nickel producer Inco (N-T) has decided the Goro nickel project, in the French Pacific territory of New Caledonia, should be brought into production.Chairman Mich…
Port Colborne residents sue Inco
A group of residents from Port Colborne, Ont., have filed a class-action lawsuit against Inco (N-T), the Ontario Ministry of the Environment, the region of Niagara, the city of Port Colborne and the c…
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…
Starfield expands resource at Ferguson Lake
Vancouver — Following two years of exploration, Starfield Resources (SRU-V) has more than doubled the known resource at the Ferguson Lake project, near Rankin Inlet in southern Nunavut.The deposit ha…
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 …
Inco reaps PGM windfall, makes discoveries
Sky-high palladium and platinum prices are swelling what had been a little-mentioned byproduct credit into a major source of cash flow for Inco (N-T).For 2000, the nickel giant’s revenue from platinum…
Partners find zinc at Bambas in Peru
Vancouver — Mapping and sampling by equal partners Southwestern Gold (SWG-T) and Inco (N-T) have uncovered significant zinc mineralization at the Lince property in southern Peru. The property is part…
Nuinsco to drill Bucko
A flow-through financing for $400,000 will bankroll a drilling program by Nuinsco Resources (NWI-T) at the Bucko property near Wabowden, Man.Nuinsco is to drill an electromagnetic anomaly located by a…