BASE METALS SPECIAL — NEWS IN BRIEF (June 24, 1996)
Consolidated Taywin Resources (CYT-V) has changed its name to Inspiration Mining (IMQ-V).
1996
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 — Mountain Lake options copper-gold project
The signing of a letter of intent sets the stage for Mountain Lake Resources (MOA-V) to acquire the Copper King property, some 18 miles west of Cheyenne, Wyo.The junior plans to form a joint venture w…
BASE METALS SPECIAL — Imperial Metals builds Mount Polley mine
Imperial Metals (IPM-T) has begun constructing its 55%-owned Mount Polley gold-copper mine, near Williams Lake in south-central British Columbia.Contracts exceeding $40 million have been awarded for m…
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 — Ego produces cobalt carbonate
In May 1996, Ego Resources (EGO-T) produced 14,700 lb. of cobalt, up from 7,600 lb. in April. At current spot prices, May’s production had a market value of about US$400,000.The company’s Cobatec coba…
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…
DIAMOND PAGE — Results reported for the 5034 kimberlite
Processing of part of a 100-tonne bulk sample from the 5034 kimberlite at the AK property in the Northwest Territories has yielded mixed results.The 24.6-tonne portion was found to contain a grade of …