Low zinc prices hamper Breakwater
A year of record-low zinc prices translated into a $111-million loss for Breakwater Resources (BWR-T). On a per-share basis, the loss works out to $1.20.By comparison, the company posted a loss of $8….
Langlois Mine
Breakwater dons survival gear as zinc sinks
Depressed metal prices are taking their toll on Breakwater Resources (BWR-T), with the zinc miner racking up $9.5 million in losses for the first six months of the year along with a drop in revenue to…
Breakwater buys Cambior’s zinc mines
For US$48 million, zinc miner Breakwater Resources (BWR-T) has agreed to buy Cambior’s (CBJ-T) wholly owned Bouchard-Hebert and Langlois zinc-copper mines in northwestern Quebec.The deal also includes…
Reserve boost at Langlois
Definition drilling by Cambior (CBJ-T) at its Langlois zinc-copper mine, near Lebel-sur-Quevillon in northwestern Quebec, has boosted both the tonnage and grade of reserves contained in zone 97.Proven…
Hedging keeps Cambior in black
Despite lower production, Montreal-based Cambior (CBJ-T) remained in the black during the second quarter, owing to a successful gold-hedging program.The company earned US$100,000 on revenue of US$80 m…
FACTS ‘N’ FiGURES — Quebec mineral shipments rise
Preliminary data show that the value of mineral shipments from Quebec mines rose slightly in 1997, to roughly $3.5 billion.Exploration and development expenses were also up by 4.4% last year, to $155 …
FACTS ‘N’ FIGURES — Canadian mines led in ’96
In 1996, the number of mine openings in Canada continued to exceed closures. During the year, there were 20 openings (14 new mines and six reopenings) and 17 closures (10 suspensions and seven permane…
BASE METALS — Cambior anticipates green light for Carlota project — Company spends five years and US$52 million preparing for production
After considerable delays, Montreal-based Cambior (CBJ-T) expects to receive environmental permits for its Carlota copper project in east-Central Arizona.The company has spent five years and US$52 mil…