Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Canadian copper and gold miner Rambler Metals & Mining (RMM) is about to begin testing prospects for its major expansion programme at the Ming mine in the Baie Verte Peninsula on Canada’s Atlantic coast in Newfoundland and Labrador. President and chief executive officer Norman Williams says the company, quoted on AIM and the Toronto Venture Exchange, hopes to prolong the life of the mine from six to more than 10 years by developing its Lower Footwall Zone (LFZ), holding a currently estimated 18.2 million tonnes with 1.43% copper.
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