Major mining companies appear to be taking a keen interest in the Zambian exploration portfolio of Toronto-based Caledonia Mining (CAL-T).Earlier this month, the Zambian subsidiary of Cyprus Amax (CYM…
Gold Funds as of May 15, 1997BGRCentralNet Value$21.33$5.94Price$16.75$5.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 19/97 (change from previous week in brackets):Aluminium761,950(-7,475)Copper141,100(-8,200)Lead118,100(+1,400)Nickel50,6…
Junior Corriente Resources (CTQ-T) is disappointed by initial results from a 5,000-Metre drill program on the Chama gold project in southern Peru.The first four holes were drilled to investigate the b…
This once-beautiful city in the heart of the Central African copper belt provided an appropriate setting for rebel leader Laurent Kabila to invite foreign mining companies to help rebuild the economy …
Singapore-based First Dynasty Mines (FDM-T) and New York-based Global Gold have inked a deal that will see the former earn up to a half interest in three advance-staged gold projects in Armenia.First …
Drilling is being accelerated at the Agua Rica porphyrycopper-gold-silver-Molybdenum deposit in the northwestern Argentine province of Catamarca.Northern Orion Explorations (NNO-T) reports that three …
Montreal-based Cambior (CBJ-T) is exercising its option to acquire the Peruvian copper deposit known as La Granja.In accordance with the 1994 option agreement with state-owned Minera Peru, Cambior has…
In its first venture outside the Commonwealth of Independent States, Nelson Gold (NLG-T) is looking to acquire a majority interest in the suspended Kalana gold mine in Mali, West Africa.Nelson recentl…
The completion of a hedging program has paved the way for Wheaton River Minerals (WRM-T) to blast the first round in the pit at the Golden Bear gold mine, in northwestern British Columbia.The junior, …
Royal Oak Mines (RYO-T) reported a first-quarter loss of $8.1 million, compared with earnings of $1.4 million for the same period last year.Gold production for the first three months of the year total…
Montreal-based MSV Resources (MSV-T) is entering into an option agreement with Toronto-based Sikaman Gold Resources (SKG-T) for a 50% interest in MSV’s Corner Bay copper project, situated 56 km south …
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