Bre-X drilling Indonesian prospects
At the Busang project in East Kalimantan, Bre-X Minerals (ASE) has intersected gold mineralization in 22 of 31 holes over a strike length of 750 metres. Significant intersections of holes drilled to a…
News
Globex options U.S. gold plays
Montreal-listed Globex Mining has opted to acquire two gold properties in the western U.S. As consideration, Globex granted a net smelter return on each property payable if the gold price rises above …
CIM Newfoundland branch meeting set
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy and Petroleum will have its 41st annual meeting Nov. 3-5 at St. John’s. Theme of the meeting will be “Investing and investment o…
PEOPLE — KOOKABURRA (October 10, 1994)
Colin Brooks appointed general manager of Peruvian subsidiary Compania Minera La Esperanza.
PEOPLE — SANTA ELINA
Paulo de Brito appointed chief executive officer and president; John Hammes appointed chief operating officer; Juvenal Filho appointed vice-president; Luiz Barreto appointed vice-president of corporat…
PEOPLE — GOODMAN & CO.
Jonathan Evershed appointed partner.
PEOPLE — PEGASUS (October 10, 1994)
Anthony Petrina appointed director.
PEOPLE — TITAN EMPIRE
James Baroux appointed chairman, chief executive officer and managing director; H. Abbas, Daniel Baroux, Beverley Montalban and Roger Theriault appointed directors.
Southern Copper looks to grow
A feasibility study on the Oracle Ridge copper mine, near San Manuel, Ariz., calls for current output to be doubled. Southern Copper (VSE) mines and processes 1,000 tons per day from the underground o…
EDITORIAL PAGE — Grading the securities industry
The Canadian securities industry has come under considerable scrutiny in recent years, and each review usually leads to a fresh batch of proposals to reform the regulatory system so that investors can…
Bitterroot to produce garnet
In a bid to become a dominant low-cost producer of alluvial almandine garnet products, Bitterroot Resources (VSE) will buy a 700-ton-per-day modular heavy mineral recovery plant in Arizona. The 4-year…
Asarco plans new mine
New York-listed Asarco plans to develop a high-grade copper mine below its Mission open pit complex in Sahuarita, Ariz. About US$10 million will be spent developing the underground mine, which hosts a…