South Atlantic buys stake in Arctic Platinum
Vancouver — South Atlantic Ventures (SAA-V) will pay US$23 million in cash and US$8 million in shares for Outokumpu’s 49% interest in the Arctic Platinum partnership (APP), an exploration project in …
Lundin Mining Corporation
South Atlantic busy in Sweden (July 07, 2003)
Vancouver — North Atlantic Natural Resources (NAN) has acquired additional prospective nickel ground near the Swedish city of Skelleftea, while, farther north, it tries to expand resources at the ope…
South Atlantic confirms Norrbotten find
Vancouver — Re-analysis of old drill core has confirmed a high grade copper-gold intercept at the Lieteksavo target, part of the Norrbotten project in Sweden.South Atlantic Ventures (SAA-V) reports t…
South Atlantic hot on Swedish targets; Rio Narcea
Drilling will follow relogging and sampling of existing coreVancouver — South Atlantic Ventures (saa-v) has begun exploring for Olympic Dam-style deposits of iron oxide, copper and gold (IOCG) in nor…
Gold and diamonds took spotlight in 2002
Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …
NAME CHANGES (October 14, 2002)
South Atlantic Resources (SCQ-V) has changed its name to South Atlantic Ventures (SAA-V) on a 1-new-for-6-old-share basis…
Sweden’s Storliden makes the grade
Skelleftea, Sweden — Storliden, the first new mine in Sweden in more than a decade, has begun commercial production of copper and zinc on time and under budget.Situated 140 km northwest of the city o…
Storliden mine approaches startup
A few months later than expected, the ramp at the Storliden copper-zinc project in northbern Sweden has reached its destination, stretching 960 metres to provide access to the 1.8-million-tonne deposi…
Storliden enters final stretch
With its decline more than half-finished, the Storliden project is taking shape as Sweden’s newest copper-zinc mine.Situated in the Skelleftea district, the project is owned by Swedish-based North Atl…
Partners shake on finance
Partners Boliden (BOL-T) and Swedish-listed North Atlantic Natural Resources, in which Boliden and South Atlantic Resources (SCQ-V) each own 38%, have agreed to a financing structure to bring the Stor…
South Atlantic sells Coromandel
Vancouver-based South Atlantic Resources (SCQ-V) has sold its Coromandel diamond project to Black Swan Resources (BSW-T) for US$1.4 million, payable over four years.Black Swan has other alluvial diamo…
CDNX continues slide into bear territory
WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…