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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?

To: dean poets who wrote (303)	2/24/1998 9:30:00 PM
From: gmweber	Read Replies (1) \| Respond to of 3198

dean poets Maybe its wishful thinking, but could this bring more attention to the La Plata by Cambior. WSJ says Peruvian copper project on hold Cambior Inc CBJ Shares issued 70,556,000 Feb 23 close $8.45 Tue 24 Feb 98 In the News The Wall Street Journal reports in its Tuesday edition that Canada's Cambior changed its mind. Not long ago the company promised to develop the giant La Granja copper mine in Peru without delay. Now it is putting the project on hold and it will not proceed until the price of the metal begins to rebound. La Granja, which includes proven and probable reserves of 3.8 billion metric tons, has been projected by Cambior to have a production capability of 480,000 metric tons a year by 2002. That would be the equivalent of about 80 per-cent of Peru's total output, an impressive amount considering that the nation is already the world's fifth-largest producer of copper. Cambior says that delaying the project will also mean that talks over potential joint venture deals will be suspended. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com regards gmweber