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Viceroy eyes Rock Creek

Viceroy Resources (VOY-T) has taken a shine to the Rock Creek gold property in the Nome mining district of Alaska.The Vancouver-based junior can earn a 51% interest in the property from NovaGold Resou…


Metallurgical tests at Mt. Kare make the grade

Preliminary flotation tests on samples from the Mt. Kare deposit in Papua New Guinea have produced excellent recoveries, reports Madison Enterprises (MNP-V).The tests, performed on three of nine repre…



Phelps Dodge boosts bid for Asarco and Cyprus

In a bid to become the world’s largest copper producer, Phelps Dodge (PD-N) has boosted the value of its previously announced offers to acquire Asarco (AR-N) and Cyprus Amax Minerals (CYM-N).






DIAMONDS — Caledonian seeks licence

Caledonian Pacific Minerals (CDN-V) has applied for exploration licences for 600 sq. km. in the Bingara diamond field of New South Wales, Australia, based on geophysical data compiled by the Departmen…


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