Milton Ward, chairman of Cyprus Amax Minerals (CYM-N), views the company’s recent foray into Zambia as the start of a long-term relationship with Zambia Consolidated Copper Mines (ZCCM).The company si…
The Vancouver Stock Exchange composite index was up 4.47 points at 1,199.47 over the report period ended Jan. 28, while the resource index slipped 7.05 points to finish at 2,237.03.Speculation continu…
Quebec-based lithium producer Lithos (LTS-M) reports it is close to striking a deal with several large chemical and electronics firms.The company has produced lithium metal in experimental quantities …
The Spanish ministry of industry has granted Rio Narcea Gold Mines (RNG-T) a 35% non-reimbursable subsidy for capital expenditures on its gold projects in northwestern Spain.The ministry’s resolution …
Montreal-based junior Dianor Resources (DOR-T) has encountered a zone of gold mineralization on its Adanac property, 10 km east of Rouyn-Noranda, Que.Four drill holes provided promising results.Hole 4…
Africa’s mineral potential is considerable and, as a result, mining companies are taking to heart the advice offered by John Babsone Lane Soule in the 19th century: “Go west, young man.”Africa, which …
As part of an option agreement with Etruscan Enterprises (EET-V), Placer Dome (PDG-T) is sending a geological team and several diamond drills to the Tiawa concession in Niger, West Africa.The major ca…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/97 (change from previous week in brackets):Aluminium956,725(-6,600)Copper165,650(+22,425)Lead113,725(-1,650)Nickel48,…
ExchgVol(000s)CloseGoldminco MngV143331.56Pure Gld ResT…
Reno, Nev.-based Casmyn (CMYN-Q) has high hopes for the Zambian copper property it recently added to its portfolio of African exploration plays.Situated in the heart of the country’s copper belt, the …
Drilling by partners Freeport-McMoRan Copper & Gold (FCX-N) and RTZ (RTZ-N) has increased reserves at the Grasberg gold mine in Irian Jaya, Indonesia.The increase was calculated by Freeport Indonesia,…
Toronto-based High River Gold (HRG-T) has completed most of the second phase of its exploration program at the Taparko concession in eastern Burkina Faso.High River is earning a 61.5% interest in the …
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