Bullish report by Rudolf Wolff
Copper prices in 1995 should “exceed the all-time high,” says metals trader Rudolf Wolff & Co. in its Winter Copper Outlook for 1995. The president of Rudolf Wolff in North America, Mo Ahmadzadeh, say…
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LATIN AMERICA SPECIAL — Regeena optioning Chilean property
A letter of intent has been signed between La Serena Copper-Gold S.A. and Regeena Resources (VSE), which allows the latter to obtain an option to earn a 70% interest in La Cucaracha, a copper-gold pro…
LATIN AMERICA SPECIAL — Breakwater boosts El Mochito
Underground exploration at Breakwater Resources’ (TSE) El Mochito mine in Honduras has led to a 24% boost in minable reserves. Drilling of the five active mining zones in the second half of 1994 resul…
LATIN AMERICA SPECIAL — Devalued peso considered best option
Devaluing the peso last December was the least costly course of action, according to Mexican President Ernesto Zedillo. Had he not opted for devaluation, the government would have had to decree a susp…
COMMENTARY — Treatment for refractory ore
Newmont Gold has been building a refractory ore treatment plant, or roaster, in conjunction with its existing milling facilities in Nevada. It is part of Newmont’s expansion, which includes deepening …
LATIN AMERICA SPECIAL — Aurex to expand production
A recent private placement by Aurizon Mines (TSE) is expected to provide funds for Aurex Resources (TSE) to expand production at the Cobrex mine and for general working capital. Aurizon is a major sha…
LATIN AMERICA SPECIAL — Yamana outlines gold targets in
Field crews have identified several gold targets on Yamana Resources’ (TSE) holdings in the Vanguardia district of Santa Cruz province in southern Argentina. An epithermal alteration system exceeding …
TVX buys Greek properties
Toronto-based TVX Gold (TSE) has paid about US$47 million for Greek-based Kassandra Mines. The company’s assets, situated on the Chalidiki peninsula in northeastern Greece, include mining concessions …
LATIN AMERICA SPECIAL — Ariel largest producer of gold in
With two mines operating in northwestern Costa Rica, Ariel Resources (TSE) ranks as the country’s largest gold producer. The mines are centred around Las Juntas near the northern end of the Costa Rica…
ODDS’N’SODS — Solving the metallurgy
There was never any question that Canada Tungsten had a future. All that was required was that a few “present time” problems be solved. Fortunately, we had a good many solid people around the mining c…
LATIN AMERICA SPECIAL — Political, economic transitions
North American mining companies continued to explore and develop properties throughout Latin America during the past 12 months, their stories overshadowed sometimes by political and economic events su…
Echo Bay tightens grip on Etruscan
Denver-based Echo Bay Mines (TSE) will buy more than 1.5 million shares of Etruscan Enterprises (VSE). The major will pay $4 million for the certificates, priced at $2.60 each, thereby increasing its …