News




Corrections (November 25, 1996)

World nonferrous exploration spending rose to $3.5 billion in 1996.Incorrect information appeared in our Nov. 4 issue.


LME Warehouse Levels (November 25, 1996)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.18/96 (change from previous week in brackets):Copper96,125(-13,050)Tin9,235(-345)Lead114,775(-200)Zinc534,750(-2,725)Al…



Phelps Dodge nixes Peruvian agreement

The Peruvian subsidiary of Phelps Dodge (PD-N) has terminated the conditional assignment agreement on Rio Amarillo Mining’s (RIO-V) Candelaria porphyry copper project in southern Peru.The US$5-million…



PEOPLE –ROCHESTER

D. Campbell, Gary Liu, Ronnie Doman, Victor Erickson and Roger Nickel appointed directors.



Goldcorp makes new bid for Wharf Resources

Toronto-based Goldcorp’s (G.A-T) bid for subsidiary Wharf Resources (WFR-T) has received a lukewarm vote of confidence from Wharf’s independent directors following a valuation of the company.Wharf’s d…


Breakwater Resources aims to join zinc big-leagues

Having closed the acquisition of the Nanisivik mine in the Arctic, and with the Caribou and Restigouche mines slated for production, Breakwater Resources (BWR-T) expects to be the third-largest zinc p…


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