Eden Roc encouraged by results
The latest diamond drill results from the Afema project in Ivory Coast amount to good news for Eden Roc Minerals (EDN-T).Additional drilling on the Kadio zone has extended the gold mineralization 100 …
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Acquires Nanasivik mine — Breakwater to revive Caribou
A foray into zinc during the late 1980s almost led to the demise of Breakwater Resources (BWR-T). Having learned from that experience, the restructured company plans to get back in the base metal game…
BASE METALS SPECIAL — AMT seeks to develop Arizona copper play
An agreement with copper giant BHP Minerals has AMT International Mining (AAI-T) moving ahead with development of a mining project in the heart of Arizona’s copper district.The junior can earn up to a…
BASE METALS SPECIAL — Rio Algom launches 3-pronged growth strategy
The new president of Rio Algom (RIO-T) has launched a 3-pronged growth strategy for the diversified producer and distributor of base metals.”We will look like a different company one year from now,” L…
BASE METALS SPECIAL — Princeton’s Huckleberry takes shape in B.C.
With full government approval and most of its financing in place, Princeton Mining (PMC-T) is proceeding with construction of the Huckleberry copper project, near Houston, B.C.The decision to proceed …
BASE METALS SPECIAL — Fort Knox property attracts major
Nickel giant Inco (N-T) has expressed a renewed interest in the Fawcett Twp. property of Fort Knox Gold Resources (FNX-T).Interest in the property, situated near Shining Tree, Ont., has been ongoing s…
BASE METALS SPECIAL — Phelps Dodge to expand Candelaria
By 1998, Phelps Dodge (PD-N) expects to double copper production at the Candelaria mine in Chile.The company will invest US$338 million in a second semi-autogenous mill and an expanded concentrator.Th…
BASE METALS SPECIAL — Da Capo options El Toro to Zicor
A recent agreement will allow Zicor Mining (ZMI-V) to acquire a 51% interest in the Toro property from owner Da Capo Resources (DCX-V).Situated in Bolivia, the property contains several large zones of…
BASE METALS SPECIAL — SX-EW process changes picture at Chilean deposits
If necessity is the mother of invention, five copper projects in northern Chile can call her Grandma. All are in production, or headed that way, because metallurgical technology has improved their fea…
BASE METALS SPECIAL — Samex targets porphyry copper-gold prospect at Santa Isabel property in southern Bolivia
A combination of favorable features — widespread alluvial gold, the presence of numerous small mines, and reports of secondary copper mineralization — have lured Samex Mining (SXG-V) to the Santa Is…
BASE METALS SPECIAL — Nebex drills Mirdita concession in Albania
With results from four drill holes in hand, Nebex Resources (NBX-A) has confirmed the presence of massive sulphides at its Mirdita concession in northern Albania.The drilling shows that the mineralize…
BASE METALS SPECIAL — Yuma eyes copper mine
An agreement with a Chilean individual sets the stage for Yuma Gold Mines (YUM-V) to acquire the Sierra Miranda copper mine, 50 km northeast of Antofagasta.The mine was previously owned by a unit of A…