Mining

A third-quarter loss of $68 million has prompted metals giant Noranda Inc. to slash 550 jobs.

Quebec-based Atlas Copco Canada Inc. signed a letter of intent in April to purchase the product division of Layne/Christensen.

A recent merger has placed Kinross Gold Corp. in the rankings as the seventh-largest gold producer in the world. Kinross Gold Corp. announced a merger this week with TBX Gold and Echo Bay mines.

Newfoundland's premier is expected to meet with officials at Inco Ltd. in the near future to work out final details of a deal to develop Voisey’s Bay mine in Labrador.

The Ontario Ministry of Northern Development and Mines has joined the federal government, four provinces and the two territories to study new tax incentives for flow-through shares.

Inco Ltd. is close to settling its dispute with the Newfoundland government over the processing of minerals from the Voisey's Bay site.

Placer Dome was fined $550,000 under the Occupational Health and Safety Act for two violations that caused the death of one worker and injured another three years ago.

Two new projects that will advance exploration technology and bolster mining investment are in development stages as a result of the Ontario Mineral Exploration Technologies (OMET) program.

A matchmaking event focused on mining and forestry supply companies is in the planning stages, slated to take place Oct. 29 to 31 in Rouyn-Noranda, Que.

The World Gold Council has announced gold demand in the United States has experienced a year-on-year increase of four per cent, 132 tonnes, in the fourth quarter of 2001. The events of Sept.