Rio Algom Limited

Texasgulf will undertake a major exploration program this year in the vicinity of its Kidd Creek mine in northern Ontario. This follows in the wake of its recent discovery of zinc-lead-silver minerali…

Vancouver — Anaconda Peru, a wholly owned subsidiary of London-based Antofagasta, has decided not to increase its stake in the Magistral copper project in north-central Peru.The subsidiary had consid…

Inco (N-T) has appointed Farokh S. Hakimi as executive vice-president and chief financial officer.Hakimi replaces George Halatsis, who resigned from both positions in order to work for another firm.Ha…

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…

Alex Berthelot, Jr. of Elliot Lake, Ont., has won a songwriting contest sponsored by the Canadian Mining Hall of Fame. The lyricist, who was one of more than 40 contestants, was presented with the awa…

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 …

With prices for base and precious metals sagging, funding for exploration has become scarce, a fact borne out by Halifax-based Metals Economic Group’s latest study of exploration budgets for 679 compa…

Edward Chee-Ping Mark, former chief metallurgist with Rio Algom, has died. He was 69.Born and raised in a small village in China, Mr. Mark emigrated to Canada in 1954 to attend university. He graduate…

With base metal prices at multi-year lows, this is not a good time to be coming to market with new production. Nonetheless, the huge Antamina copper-zinc project in Peru achieved commercial production…

Second-quarter financials issued by Denison Mines (DEN-T) paint a picture of a small but generally healthy company making it work in tough times.Denison lost $978,000 in the second quarter on revenue …

Added production from mines acquired in the Rio Algom takeover nudged BHP-Billiton’s (BHP-N) copper production past the 1-million-tonne mark for the fiscal year ended June 30.The newly merged miner’s …

Junior Tri Origin (TOE-V) has completed a private placement with Britain’s Billiton.The major bought 800,000 units at 25 apiece and exercised 274,511 Series G warrants it acquired through its takeove…