SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : TIOMIN brightens your teeth as it whitens your paint
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Blue who wrote (40)10/9/1997 12:44:00 AM
From: Blue   of 62
 
Fin Times says Cerro Colorado project enticing

Tiomin Resources Inc
TIO
Shares issued 35466397
1997-10-07 close $2.25
Wednesday Oct 8 1997
The Financial Times of London reports in its Wednesday edition that overlooked for centuries, Panama's mining potential is again arousing international investor interest. Reporter Sally Bowen says that Tiomin Resources, is well established at one of the world's largest undeveloped copper deposits. Owned by Panacobre, a subsidiary of Tiomin, Cerro Colorado has more than one billion tonnes of reserves averaging 0.86 per-cent copper. That makes it the world's 12th largest
deposit. Panacobre thinks it can develop Cerro Colorado more economically than originally thought using a method of leaching technology that did not exist in Rio Tinto's time. Overall, Panama's proven and probable copper reserves total about six billion tonnes, giving the country ninth place in the world rankings. If tonnages
are high, however, grades are low, averaging just 0.6 per-cent. While modern leaching techniques may make tackling the deposits more feasible than before, poor international copper prices are complicating investment decisions.

(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News