Quebrada Blanca project on schedule and budget
Earlier this year, the sights and sounds of mine building in Chile were presented vicariously to shareholders attending the annual meetings of associated Toronto-listed companies Teck, Cominco and Com…
News
Location favorable to Minera’s Ivan copper project
Analyst Electa Aust, of S.G. Warburg Securities’ Bunting Warburg in Toronto, recently visited the Ivan project of Minera Rayrock in Chile and reviewed the exploration program planned by the company fo…
Escondida built on risk-sharing
The Escondida copper mine in Chile started producing copper concentrates in December, 1990, after a two-and-half-year construction period. It was seven months early and US$320 million under budget. Th…
Environmental issues addressed
The Canadian Council for International Business will join Mexican and U.S. business representatives to discuss environmental issues affecting North American industries. The voluntary program promotes …
Chile is leader in copper output
The largest producer and exporter of copper in the world is Chile. In addition to copper, the South American nation’s mineral output includes gold, silver, molybdenum, iron and nitrates. State-owned c…
NEWS ROUNDUP — Trans America options iodine project
Earlier this year, Trans America Industries (VSE) optioned a property near Antofagasta, Chile, hosting reserves of iodine and other industrial minerals. The company then acquired $500,000 from the sal…
NEWS ROUNDUP — Top 10′ gold producer
A “top 10” world gold producer the past two years, Chile turned out more than 39 tonnes of the yellow metal in 1992, up 20% from the previous year. Gold Fields Mineral Services of London, in its Gold …
SX-EW plant planned for Tuina
Partners International Mahogany (TSE) and North Lily Mining (NASDAQ) are working to finance installation of a solvent extraction-electrowinning plant at their Tuina open-pit heap-leach project near Ca…
Choquelimpie not quite finished
Mining operations have ceased at the Choquelimpie gold mine in northern Chile, owned 35% by Northgate Exploration (TSE), but more gold may yet be recovered. Northgate and its joint-venture partners un…
Niugini plans San Cristobal drilling
Production at the San Cristobal mine of Niugini Mining totalled 57,948 oz. gold and 176,499 oz. silver in 1992. The company, incorporated in Papua New Guinea and with offices in Sydney, Australia, say…
Stock sheds $9 on news — Dia Met results not positive
The latest results from the Dia Met-BHP property support previous declarations that the Northwest Territories may host one of the highest-grade diamond fields in the world, analysts say. But until fur…
Drilling under way at Jones Hill
Partners Aur Resources (TSE), Thunderwood Resources (TSE) and Champion Resources (VSE) have begun drilling the Jones Hill volcanogenic massive sulphide deposit near Albuquerque, N.M. Nearly 7,000 ft. …