News

Alan Izaak appointed director.

Thomas Bergman appointed director.

Stephen Flechner appointed director, president and chief executive officer; Raymond Irwin appointed director and vice-president of exploration.

Alvin Einbender appointed chairman of the executive committee of the board; Gerard Munera appointed chairman; Carmen Fimiani appointed president; William Mulligan appointed executive vice-president of…

While most foreign mining companies active in Chile target exploration-stage properties of “elephantine” potential, Aurex Resources (VSE) — part of the Hughes-Lang Group — is setting its sights on s…

Construction of the Zaldivar copper deposit in northern Chile is expected to be completed in the second half of 1995. Partners Placer Dome (TSE) and Outokumpu Copper Resources project the capital cost…

The lure of large-tonnage, bulk-minable gold and porphyry copper deposits has a large number of Canadian juniors seeking opportunities in Chile. Lacking the financial resources of their major-sized co…

Criminal investigations continued this month into the huge losses, made mainly on the London Metals Exchange, by state-owned Chilean mining company Codelco. The losses of more than US$200 million in f…

Shareholders at Repadre Capital’s (TSE) annual meeting learned that their company could reap big rewards from diamond discoveries by Aber Resources (TSE) in the Northwest Territories. Repadre owns a 1…

Development of La Candelaria, a copper-gold mine in northern Chile, remains on schedule for startup in 1995. Phelps Dodge (NYSE) discovered the deposit in 1987 and subsequently sold a 20% working inte…

Composite “300” 4047.55 4088.45 4156.78 4163.45 4166.27 4609.93 3518.31 Metals & Minerals 3620.57 3654.17 3740.52 3724.44 3738.37 3879.59 3273.56 Integrated Mines 3829.68 3852.50 3955.20 3929.55 3955….

An open-pit copper mine starting up in Chile’s Atacama Desert is about to become the world’s largest solvent extraction-electrowinning operation. Once full production is achieved, Quebrada Blanca is t…