NEWS IN BRIEF (February 20, 1995)
Bar Resources (BSL:VSE) has changed its name to Southern Bar Minerals (BMW:VSE) on a 1-new-for-3.5-old-share basis.
News
Partners explore Cerro Verde
The Mexican subsidiaries of Corner Bay Minerals (TSE) and Magma Copper (NYSE) have reached an exploration agreement concerning the Cerro Verde copper property, southeast of Hermisillo in Sonora state….
Coeur’s Rochester receives award
The Rochester mine of Coeur d’Alene Mines (NYSE) has received an environmental award from the Nevada Association of Conservation Districts. The award, for “distinguished service to conservation,” was …
COMMENTARY — Time to be more vocal
The following is from a speech by Jeffery Grade, chairman of Harnischfeger Industries, which appeared in a recent issue of the American Mining Congress publication, “Washington Concentrates:” For 100 …
BOOK BRIEF — Life underground
Fire in the Hole: The untold story of hardrock miners, by Jerry Dolph. Published by Washington State University Press, Pullman, Wash. 99164-5910, U.S.A. 174 pages. Illustrated. US$28 in paperback, US$…
Base metal prices put Cominco back in black
Several positive factors — improved sales and production volumes, higher base metal prices and a favorable exchange rate — helped Cominco (TSE) report net income of $132.1 million for 1994, compared…
Britannia options ground to Noranda
The Las Lomas prospect in northern Peru is the subject of an option agreement between Britannia Gold’s (VSE) half-owned Peruvian subsidiary, Minera Britannia Gold, and Noranda (TSE). By financing expl…
Rio Amarillo drills Chachacomiri
Diamond drilling on the Chachacomiri silver-gold-tin property near Potosi, Bolivia, should be completed by March. Partners Rio Amarillo Mining (VSE) and Cominco Resources International (TSE) expect to…
Redstone ups stake in Robinson play
Mineral royalty corporation Redstone Resources (TSE) has bought an additional 0.375% net smelter return (NSR) royalty interest in the Robinson copper project near Ely, Nev., for US$2.5 million. The pr…
Green light for Raglan deposit
At long last, Falconbridge (TSE) is drawing up plans to develop its Raglan nickel project on the Ungava Peninsula of northern Quebec. However, development is contingent upon completion of related agre…
Western setting for conference
The west-coast city of Vancouver will play host Oct. 16-20 to Industrial Minerals ’95, a 3-day conference to be sponsored by Blendon Information Services, the British Columbia Ministry of Energy, Mine…
PEOPLE — MIRAMAR
Anthony Petrina and William Stanley appointed directors.