Vancouver — Ten years ago, investing in China’s mineral industry was a risky, laborious and often frustrating proposition for foreign companies. That’s not the case today, thanks to an economic boom that has fueled price increases for most metals…
By far the most impressive exploration drill results tabled during the report period ended May 4 came from
Diamond mining is not new to China. The 701 Changma mine has been operating for decades, and is China’s largest diamond producer. It is an old mine currently profiting from new management and technological upgrades.
Aluminum giant Alcan will slash 277 jobs at the Paris headquarters of Pechiney, with which it recently merged. The move is designed to ensure the Montreal-based company meets its target of saving US$350 million annually by the end of 2005.
Gastre, Argentina —
North American Mining: 97.24 (-0.49)…
Vancouver — Higher production costs, brought about by continued appreciation of foreign currencies against the U.S. dollar, trimmed
Vancouver — Record first-quarter earnings posted by Teck Cominco (TEK-T) were overshadowed by the company’s decision to halt development of the Pogo gold project in Alaska.
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