PDAC showcases global mining
Delegates attending the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto seemed more optimistic about their industry’s prospects, despite weakness in metal pri…
Noranda Inc
Orogrande tests Burnt Pond
In a small drilling program, junior Orogrande Resources (org-v) is testing the Burnt Pond massive sulphide property in north-central Newfoundland.The 7.25-sq.-km property, which lies 35 km east of the…
Noranda and Mintek to study copper bioleaching
Noranda (NOR-T) has decided to research the bioleaching of copper ore, taking its cue from three large base metal producers: Chile’s Codelco, Britain’s Billiton and Mexico’s Industrias…
Boliden (March 12, 2001)
Denver — The first holes on the newly acquired Santa Julia claim block at the El Morro copper project in Chile have returned long intervals of mineralization for partners Noranda (NOR-T) and Metallic…
Boliden sells Chilean assets to Noranda and Falconbridge
A letter of intent paves the way for partners Noranda (N-T) and Falconbridge (FL-T) to acquire the Lomas Bayas mine and Fortuna de Cobre copper deposit, both of which are near Antofagasta, Chile.The p…
Partners comb Newfoundland for copper
Noranda (NOR-T) and Cornerstone Capital Resources (CRI-V) will explore the copper potential of a belt of rocks in eastern Newfoundland.The joint venture, dubbed the Red Cliff project, covers a 780-sq….
Drills turn at Duck Pond (February 26, 2001)
Partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have started a 2,200-metre drilling program, budgeted at $200,000, to investigate new massive-sulphide targets at the Duck Pond prope…
Noranda profits grow
Stronger metal prices enabled Noranda (NOR-T) to overcome hefty unusual costs and to end 2000 substantially richer than it began.The major earned $293 million (or $1.14 per share) on sales revenue of …
PGE exploration tops agenda at Cordilleran Roundup
Vancouver — Platinum and palladium plays took centre-stage at the 18th annual Cordilleran Roundup, held here in late January. About 2,100 delegates and 128 exhibitors attended the 4-day event, which …
Ventersdorp study under way
In preparation for their proposed merger, Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have initiated a prefeasibility study at the latter’s Ventersdorp diamond project in South Afri…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…
Altius options Tally Pond
Altius Minerals (ALS-V) has acquired an option to earn a 100% interest in the South Tally Pond property in central Newfoundland from Noranda (NOR-T).The 47.5-sq.-km property covers the southern quarte…