Vancouver — Faced with an oversupply of zinc on the world market, Teck Cominco (TEK-T) plans to trim production by 55,000 tonnes in 2002.The Cajamarquilla zinc refinery in Peru, owned 82% by the majo…
With fewer writedowns and a merger under its belt, Barrick Gold (ABX-T) finished 2001 with modest earnings in contrast to the loss it took in 2000. But the big gold producer had other news to deliver:…
At long last, Teck Cominco (TEK-T) has tabled a bankable feasibility study for the San Nicolas copper-zinc deposit in the central Mexican state of Zacatecas.However, since zinc will be the primary met…
Vancouver — Taseko Mines (TKO-V) has an exclusive right to acquire a limited partnership that has raised $1.8 million to research technology aimed at reviving the Gibraltar copper mine, near Williams…
Vancouver — After 91 years of production and adding $19 billion to the economy of British Columbia, the Sullivan zinc-lead-silver mine near Kimberley has closed shop.The flagship operation of Cominco…
Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…
Nearly out of cash, Sulliden Exploration (sue-t) has suspended a 3,500-metre drilling campaign on the Mario base metal property, 50 km southwest of Huancayo, Peru.Sullivan had drilled about 1,553 metr…
Vancouver — With Red Dog in northwestern Alaska already the highest-grade zinc mine in the world, Teck Cominco (TEK-T) is hopeful recent drill results will enable it to outline a zinc district potent…
Toronto-based Orezone Resources (ORZ-T) has added the Seguenega gold project in Burkina Faso to its exploration portfolio in West Africa.In return for a 90% stake, Orezone issued 200,000 shares to Rep…
Vancouver — California-based NovaGold Resources (NRI-T) continues to pull high-grade intercepts from the Acma zone of the Donlin Creek deposit in Alaska.Situated 480 km west of Anchorage, Donlin Cree…
Higher copper production and hedging gains are translating into healthier profits for Aur Resources (AUR-T).During the three months ended Sept. 30, Aur pocketed US$7 million (or 8 per share) on reven…
Vancouver — Deeper drilling by DRC Resources (DRC-V) is attempting to boost tonnage at the past-producing Afton copper-gold mine, near Kamloops, B.C.Hole 42, drilled as part of an ongoing $2-million …
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