Vancouver — Low prices caused the world’s largest copper producer, Corporacion Nacional del Cobre de Chile (Codelco), to suffer a 37% plunge in profits in the first quarter.The company, wholly owned …
As expected, Inmet Mining (IMN-T) has increased to 50% its interest in the Cayeli copper-zinc mine in eastern Turkey while completing its purchase of the similar Pyhasalmi mine in central Finland. The…
Finnish miner Outokumpu has held talks with several firms regarding the sale of its 200,000-tonne-per-year Tara zinc mine in Ireland but will not confirm reports that Inmet Mining (IMN-T) is a potenti…
Inmet Mining (IMN-T) has inked a US$64-million deal to buy Outokumpu’s Pyhasalmi copper-zinc mine in central Finland, and to participate in a strategic alliance with the Finnish metal producer.The dea…
With its decline more than half-finished, the Storliden project is taking shape as Sweden’s newest copper-zinc mine.Situated in the Skelleftea district, the project is owned by Swedish-based North Atl…
A joint venture between Hucamp Mines (YHU-V) and Falconbridge (FL-T) is spurring exploration in the Timmins camp of northern Ontario.Subject to regulatory approval, Falconbridge can earn up to a 75% s…
Channel sampling by Hucamp Mines (YHU-V) has returned encouraging nickel and platinum-group-element (PGE) assay values along strike of the historic Alexo mine, near Timmins, Ont.Mechanical stripping e…
The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…
AvestaPolarit, of Finland. – A revised deal between Falconbrige (FL-T) and Finnish miner Outokumpu gives the former a 100% interest in the Montcalm nickel-copper deposit, near Timmins, Ont.In 2000, Fa…
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…
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 …
Given the interest in exploration for platinum group metals (PGMs) in northern Ontario and its long history of gold production, it is surprising that more explorers are not targeting projects in Finla…
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