Breakwater eyes Oued Amizour
A letter-of-intent agreement with an Algerian geological agency sets the stage for Breakwater Resources (BWR-T) to earn up to a 90% interest in the Oued Amizour zinc project, 10 km from the port city …
Cambior Inc
Breakwater buys Cambior’s zinc mines
For US$48 million, zinc miner Breakwater Resources (BWR-T) has agreed to buy Cambior’s (CBJ-T) wholly owned Bouchard-Hebert and Langlois zinc-copper mines in northwestern Quebec.The deal also includes…
Aur spurns Cambior to buy Chilean mine
Spying a better opportunity in Chile, Aur Resources (AUR-T) has withdrawn its merger proposal with beleaguered Cambior (CBJ-T) to pick up a controlling stake in the Quebrada Blanca copper mine from Co…
Virginia ventures into uncharted regions of Quebec
The recent discovery by Virginia Gold Mines (VIA-T) of a nickel sulphide deposit in northern Quebec has reaffirmed the company’s position as one of the most active explorers in the province.In the fal…
Acquisitions could follow Breakwater financing
Breakwater Resources (BWR-T) may be looking at acquiring other operations following a US$42.5-million financing.The financing cleared Breakwater’s existing $31-million debt, and leaves the company wit…