BASE METALS — Feasibility study improves Ramu
The final feasibility study on the Ramu nickel-cobalt project, while not yet complete, is already returning better-than-anticipated results.Owners Highlands Pacific and Nord Pacific (NPF-T) report tha…
News
Index (June 29, 1998)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsNews Rou…
British Columbia, Ontario mines rewarded
Five mining firms have claimed health and safety awards in Ontario, while in British Columbia, a bevy of companies and individuals earned citations at a provincial competition in mine rescue and first…
BASE METALS — Noveder intersects base metals at Cabot property
Preliminary drilling by Noveder (NED-M) has intersected two parallel zones of copper-cobalt mineralization at the Cabot property on Newfoundland’s Baie Verte Peninsula.Visual inspections of four drill…
Companies (June 29, 1998)
Abacus MineralsAber ResourcesAJ Perron GoldAmbrex MiningAmerica Mineral FieldsAnglo AmericanArimetco InternationalAsarcoAtna ResourcesBaltic ResourcesBarrick GoldBattle Mountain GoldBirim GoldfieldsBl…
Court gives nod to Cheviot
Development of the Cheviot coal mine was given the green light by an Alberta court following an appeal by environmental groups to overturn an earlier recommendation approving the project.A year ago, a…
BASE METALS — Aripuana resource grows
A preliminary resource calculation at the Aripuana property in northern Mato Grosso state, Brazil, shows a 7-million-tonne resource in the property’s Valley deposit.The estimate, done for Ambrex Minin…
BASE METALS — Asarco sells lead mines
In order to focus on its main business of copper production, Asarco (AR-N) has liquidated some of its other base metal assets.The New York-based company has agreed to sell its lead division in Missour…
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Freeport insiders exercise options
In April, according to filings with the U.S. Securities and Exchange Commission, two directors of Freeport-McMoRan Copper & Gold (FCX.A-N) liquidated stock, while three others increased their holdings…
BASE METALS — Spokane junior picks up Chilean silver property
Spokane-based junior Mines Management (MNMM-O) has signed a letter-of-intent with a Chilean company for a chance to acquire the Chanarcillo silver property in an area also known for its copper potenti…
BASE METALS — BC proposes new refinery
The government of British Columbia and Highland Valley Copper have signed a memorandum of understanding that is expected to result in development of a copper refinery at Highland Valley’s open-pit min…
BASE METALS — Rubicon gears up for drilling — Atna options Rubicon’s elephant base metal project in Alaska
The onset of warmer weather has prompted Rubicon Minerals (RMX-V) to launch drill programs at two gold-rich base metals projects in Newfoundland.A 5-hole program of between 1,500 to 2,000 metres will …