A potential copper deposit in northern Chile, about 140 km northeast of Antofagasta, has been reported by Outokumpu Copper Resources. Santa Catalina hosts preliminary reserves of more than 100 million…
The South American country of Chile is easily recognizable on a map. Long and narrow and fronting on the Pacific Ocean, it extends 4,300 km from Peru and Bolivia along its northern frontier to Cape Ho…
Canada Eldor, a wholly owned unit of federally owned Canada Development Investment Corp., has sold five million shares of Cameco (TSE) to the public at $20.50 per share. The sale reduces federal owner…
Through grassroots exploration, mainly in Chile, Arauco Resources (VSE) hopes to find its way to producer status. The jointly owned company has been concentrating efforts in southern Chile on the prem…
With President Clive Johnson likening his company’s past fiscal year to the recent misfortunes experienced by Britain’s royal family, Bema Gold (TSE) is looking ahead to better times. Faced with extre…
Persistently low head grades at the Hayden Hill mine have prompted Amax Gold (NYSE) to suspend milling temporarily. The mine, near Susanville, Calif., started up in the third quarter of 1992 and has s…
An updated feasibility study for development of Placer Dome’s (TSE) 50%-owned Zaldivar copper property is to be completed by early July. Situated in the Atacama desert of northern Chile, Zaldivar is e…
For the first time in years, annual production from Canada’s largest gold mines has declined rather than increased. Mainly as a result of lower grades at the big Hemlo mines in Ontario, cumulative pro…
With more than $5 million in working capital, Altai Resources (TSE) is looking to expand its gold property holdings in South America, shareholders learned at the annual meeting. The Toronto-based juni…
Base metal miner Cominco (TSE) has optioned the Swan and Rap lead-zinc properties in the Omineca region of northeastern British Columbia from Stratabound Minerals (ASE). Cominco can earn an initial 51…
After several lengthy appeals, the Supreme Court of Canada has finally granted Exroy Resources (CDN) full title to 43 claims in the Ungava nickel-copper belt in northern Quebec. The decision enables t…
Calgary-based junior Tanqueray Resources (ASE) has acquired an option to buy the Frenier perlite mine in central British Columbia. The mine, near Clinton, has proven reserves of more than 450,000 tonn…
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