Phelps Dodge cuts copper production
Vancouver A global economic slowdown prompting a deflationary spiral in commodity prices has hit the bottom line…
2001
Goldcorp’s Red Lake continues to impress
Goldcorp (G-T) stood out from the pack on Tuesday after announcing improved third-quarter earnings on higher produc…
Trading Summary (October 23, 2001)
After a surprise boost from the Bank of Canada, which dropped a 75-basis-point rate cut on the market, the Toronto…
Tiberon moves forward at Nui Phao (October 22, 2001)
Vancouver – With five rigs turning on the Nui Phao tungsten-bismuth-copper-gold property in Vietnam., Calgary-based…
Weekend fire to have little impact
Diversified Australian miner WMC (WMC-N) says that a fire that broke out on Sunday in the solvent extraction area o…
Drill turns at Limousine Butte (October 22, 2001)
Vancouver — Partners Newmont Mining (NEM-N) and Nevada Pacific Gold (NPG-V) have launched a third round of drillin…
Gold Fields, Repadre to acquire Ghanaian gold mine (October 22, 2001)
South African gold producer Gold Fields (GOLD-Q) and Toronto-based Repadre Capital (RPD-T) have reached a memorandu…
Harmony rejects rival’s bid
Harmony Gold’s (HGMCY-Q) CEO Bernard Swanepoel says his company “has no intention to dispose of its Free State asse…
BHP Billiton joins Intrepid in Mexico
BHP Billiton (BHP-N) has entered into subscription and option agreements with Intrepid Minerals (IAU-V) to explore…
Trading Summary (October 22, 2001)
After dipping more than 49 points on Monday, the Toronto Stock Exchange regained ground in the afternoon to finish…
CR cuts massive sulphides
Canadian Royalties (CZZ-V) has uncovered impressive base and precious metal values in the South Raglan trend in northern Quebec.Hole 4, drilled at the wholly owned Phoenix property in the Ungava Penin…
Estimation Guidelines committee off and running
An Estimation Guidelines committee led by the Canadian Instiute of Mining, Metallurgy and Petroleum (CIM) and created as a result of recommendations of the Mining Standards Task Force is busy preparin…