Billiton eyes Kazan project
Tri Origin Exploration (TOE-V) will issue 800,000 units, at 25 apiece, to London-based Billiton to finance preliminary exploration at the Kazan copper-gold project, near Baker Lake in Nunavut.Units c…
Rio Algom Limited
Obituary: William Hutchison
William Hutchison, a pioneer of the Elliot Lake uranium camp and later an executive with Rio Algom, has died. He was 97.Hutchison was born near North Bay, Ont., but later moved to the Toronto area and…
Rio stays in the black
Although somewhat trimmed since its takeover by London-based Billiton last fall, Rio Algom continues to turn a tidy profit.Earnings in the three months ended March 31 topped $18 million on revenue of …
Candente adds copper project to Peruvian portfolio
Candente Resource (DNT-V), a Vancouver-based junior focused on grassroots mineral exploration in Peru, has acquired the rights to a 100% interest in the Canariaco copper property in return for US$75,0…
Codelco set to expand in competitive market
Denver — The world’s largest producer of copper, Corporacion Nacional del Cobre de Chile (Codelco), is scrambling to stay on top of the game following a recent spate of mergers.The Chilean state-owne…
Letter to the Editor: Columns rekindle memories
I would just like to tell you how much I enjoyed Dit Holt’s series of columns on the pioneers of Elliott Lake.I was raised in the townsite of Preston East Dome Mines. I was quite young during the back…
Odds ‘n’ sods: A tribute to my father
The Pronto mine proved to be an integral and necessary chapter of the Elliot Lake story. Because of the mine’s relatively small-sized orebody and location, it was quickly overshadowed by the larger an…
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…
Odds ‘n’ sods: Three important lesser-knowns
Among the movers and shakers of Elliot Lake were three men who have generally been underacknowledged. The roles they played were important, but their overall involvement was limited in comparison with…
Philippines eyes exploration revival
Vancouver — The discovery of an exciting new gold-rich copper porphyry system, combined with the expansion of several known deposits, is attracting attention to the Philippines.Situated in the Ring o…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
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…