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AFRICA SPECIAL — ZCCM launches Cyprus into Africa

Milton Ward, chairman of Cyprus Amax Minerals (CYM-N), views the company’s recent foray into Zambia as the start of a long-term relationship with Zambia Consolidated Copper Mines (ZCCM).The company si…


STOCK MARKETS — African plays add heat to VSE

The Vancouver Stock Exchange composite index was up 4.47 points at 1,199.47 over the report period ended Jan. 28, while the resource index slipped 7.05 points to finish at 2,237.03.Speculation continu…


Lithos reports deal is in works

Quebec-based lithium producer Lithos (LTS-M) reports it is close to striking a deal with several large chemical and electronics firms.The company has produced lithium metal in experimental quantities …


Rio Narcea lands Spanish subsidy

The Spanish ministry of industry has granted Rio Narcea Gold Mines (RNG-T) a 35% non-reimbursable subsidy for capital expenditures on its gold projects in northwestern Spain.The ministry’s resolution …


Abitibi results encourage Dianor

Montreal-based junior Dianor Resources (DOR-T) has encountered a zone of gold mineralization on its Adanac property, 10 km east of Rouyn-Noranda, Que.Four drill holes provided promising results.Hole 4…


GUEST COLUMN — Africa and the VSE

Africa’s mineral potential is considerable and, as a result, mining companies are taking to heart the advice offered by John Babsone Lane Soule in the 19th century: “Go west, young man.”Africa, which …



LME Warehouse Levels (February 03, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/97 (change from previous week in brackets):Aluminium956,725(-6,600)Copper165,650(+22,425)Lead113,725(-1,650)Nickel48,…


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