Noranda eyes Magusi and Fabie Bay
Noranda (NRD-T) has inked an option deal to pick up a 60% stake in Globex Mining Enterprises’ (GMX-T) Magusi River…
2002
Trading Summary (December 10, 2002)
The markets rallied strongly today with the Toronto Stock Exchange composite index closing at 6,597.20, 93.11 point…
Canadian Royalties posts more results from Mesamax
Vancouver — Canadian Royalties (CZZ-V) has tabled encouraging assay results for 11 additional holes drilled on its…
Rio Narcea gets banks behind Aguablanca
Spanish-based Rio Narcea Gold Mines (RNG-T) has arranged US$61 million in project financing for its Aguablanca nick…
Manhattan tallies EIS for Tambo Grande
Vancouver – The long road to developing the large Tambo Grande massive sulphide property may be entering the final…
Miramar sets sights on Boston Deeps (December 09, 2002)
Vancouver – The largest drill program planned for Canada in 2003 may have gotten 9,000 metres bigger with Miramar M…
Rubicon kicks off drill campaign at Rivard gold project
Vancouver — Rubicon Minerals (RMX-V) has recently commenced a 1,800-metre drill program at its recently acquired R…
Kinross drilling intersects gold on Duquesne West
Drilling by Kinross Gold (K-T) on the Duquesne West property northwest of Rouyn-Noranda, Que., where it is earning…
Trading Summary (December 09, 2002)
Even a $6.4-billion merger proposal from Manufacturers Life for Canada Life wasn’t enough to hold off the profit ta…
Silver Standard targets Silvertip (December 09, 2002)
Vancouver — Silver Standard Resources (SSO-V) has added the Silvertip project in northern British Columbia to its stable of base metal properties.Situated 85 km southwest of Watson Lake, Silvertip ha…
Teck, Westshore in Fording deal
Teck Cominco (TEK-T) has emerged as a white knight in Fording’s (FDG-T) battle to fend off a hostile bid by the Sherritt Coal Partnership II.Teck Cominco is joining forces with Westshore Terminals Inc…
Producer and Dealer Prices (December 09, 2002)
Antimony: Mid-mkt US$2,670/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.55/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.60/lb.Copper: Comex Mar US$0.7615/lb.