The new president of Rio Algom (RIO-T) has launched a 3-pronged growth strategy for the diversified producer and distributor of base metals.”We will look like a different company one year from now,” L…
With full government approval and most of its financing in place, Princeton Mining (PMC-T) is proceeding with construction of the Huckleberry copper project, near Houston, B.C.The decision to proceed …
Consolidated Taywin Resources (CYT-V) has changed its name to Inspiration Mining (IMQ-V).
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…
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…
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…
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…
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…
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…
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…
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…
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…
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