Majors option Tucum target
Majors Teck (TEK-T) and Inco (N-T) will jointly explore the Tucum iron-oxide copper-gold project in north-central Brazil.The pair can earn an initial combined 51% interest in the property from Brasilc…
Teck Resources Limited
Golds picking up in quiet market
The report period ended May 1 was a quiet one for the Toronto Stock Exchange, with the TSE 300 composite index up fractionally at 7,946.33 points for a gain of 54.66 points, or 0.7% of value.What was …
Mineral ‘orphanage’ grows in Central America
They’re the orphans of Central America: mineral deposits that were on the verge of development, or in production, when low metal prices forced their owners to abandon them. While the failure of Greens…
Hunter-Dickinson options Ontario property
The Hunter-Dickinson group has entered into an option agreement for a nickel/platinum-group-metal (PGM) prospect near Beardmore, Ont. The 167-claim Eva-Kitto property is held 50-50 by East West Resour…
LionOre, partners find gold near Thunderbox
A group led by Australia’s LionOre Mining International (LIM-T) has discovered a gold prospect 7 km south of the company’s Thunderbox gold deposit in Western Australia’s northeastern goldfields.Named …
‘Quebec Inc.’ backs Niobec purchase
A inflow of cash from Quebec’s biggest institutions has allowed Quebec City-based Mazarin (MAZ-T) to close the $48-million acquisition of Teck’s (TEK-T) half-interest in the Niobec niobium mine in the…
FMR expands Agnico-Eagle, Meridian holdings
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Agnico-Eagle Mines (AGE-T) — FRM Corp., which owns more than 10% of the company…
Int’l Wayside, Gitennes among BC juniors exploring new finds
Several promising grassroots discoveries, many of them made by prospectors, highlighted the 2000 exploration season in British Columbia and could provide a much-needed boost for exploration in the wes…
Teck drops option on Cerro Samenta
Following a 4-hole drilling program on the Cerro Samenta property in northwestern Argentina, Teck (TEK-T) has handed the property back to Mansfield Minerals (MDR-V).Teck tested a newly discovered zone…
DRC tables positive study
Vancouver — An independent consultant estimates that DRC Resources’ (DRC-V) past-producing Afton copper-gold property still holds an indicated mineral resource of 25 million tons averaging 2% copper …
Aur digests QB purchase
As the dust settles following last fall’s purchase of the large Quebrada Blanca mine in Chile, junior copper producer Aur Resources (AUR-T) is reporting a loss for 2000.Aur posted a net loss of US$15 …
Teck gets boost from Cominco
By purchasing almost 5.2 million shares of Cominco (CLT-T) at a cost of $127 million in 2000, Teck (TEK-T) increased its ownership of the company to 50.1% and took steps to consolidate it as a subsidi…