Noranda Inc

Almaden, Santoy find little sun at Tropico

An initial drill program at the Tropico polymetallic property in western Mexico has cut wide swaths of low-grade sulphide mineralization for partners Almaden Minerals (AMM-T) and Santoy Resources (SAN…


Almaden keeps focused on greenfields projects

Recently formed Almaden Minerals (AMM-T) has a simple motto: Acquire virgin projects and explore them to the point where another company can be convinced to foot the bill.Almaden was formed earlier th…


Bema finances work at Monument Bay

Junior Bema Gold (BGO-T) has closed a brokered private placement of flow-through shares with Canaccord Capital and Haywood Securities with an eye toward resuming drilling at the high-grade Monument Ba…



Inmet inks Antamina put-call deal (March 04, 2002)

Inmet Mining (IMN-T) has signed an agreement with Noranda (NRD-T) whereby either company can initiate the sale of Inmet’s 3.3% net proceeds interest in the Antamina zinc-copper mine in Peru.Inmet’s pu…


Operating costs take toll on Novicourt

Noranda’s (NRD-T) 62%-owned base metal subsidiary, Novicourt (NOV-T), turned in a subdued performance during the last three months of 2001.The junior producer posted net earnings of $600,000 (or 2 pe…



Compania Minera AntaminaWith commercial production under way at the Antamina copper-zinc mine in Peru (pictured above), Teck Cominco is throttling back zinc production at its Red Dog mine in Alaska, while reducing its refining capacity both in Peru and British Columbia.

Teck Cominco cuts zinc output (February 25, 2002)

Vancouver — Faced with an oversupply of zinc on the world market, Teck Cominco (TEK-T) plans to trim production by 55,000 tonnes in 2002.The Cajamarquilla zinc refinery in Peru, owned 82% by the majo…


Croesus eyes more ground

Vancouver — International Croesus Ventures (ICU-V) has inked a letter-of-intent with Golden Temple Mining (GTM-V) to buy seven massive sulphide properties in Mexico.The deal covers all of Golden Temp…


Partners renew Sapawe drilling (February 11, 2002)

Partners Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have kick-started a winter exploration program at their Sapawe polymetallic project in northwestern Ontario.The program, which includ…


Investment Commentary — Best bets for 2002

The Northern Miner asked five market watchers of the junior mining and exploration sector for their top picks and opinions for the year ahead. This week we talked with John Kaiser, publisher of the Ka…


Merger mania grips mining industry in 2001

Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …


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