Bre-X active in Indonesia
An agreement has been signed with an international mining company to acquire a 55% interest in an advanced-stage porphyry copper-gold property in Indonesia, Bre-X Minerals (ASE) reports. The Taware Va…
News
Loki funds acquisition, plans drilling at Brewery Creek
The first phase (5,000 metres) of a planned 15,000-metre drill program was expected to be under way this month at the Brewery Creek property. Loki Gold (VSE) is now the operator following a previously…
NEWS ROUNDUP — Agnico begins Zone 6 work
A $15.1-million development program is under way at Zone 6 of the LaRonde mine, west of Val d’Or, Que. Agnico-Eagle Mines (TSE) expects the high-grade zone to be in production by mid-1995. Exploration…
NEWS ROUNDUP — Ecudor buys Dona Lake interest
Just weeks after buying the Dona Lake gold mine from Placer Dome (TSE) for $2 million, mining contractor Ross-Finlay has sold a 49% interest in the property to Societe Miniere Ecudor (ME) for $4 milli…
Sleeping Giant revived
The Sleeping Giant gold mine, 50 miles north of Amos, Que., has once again awoken from its slumber. Project partners Cambior (TSE) and Aurizon Mines (TSE), each with a 50% interest, started up the ope…
PEOPLE — ARIZONA COPPER CO. (AZCO)
Paul Hodges and Henry Grundstadt appointed to the advisory board of directors.
PEOPLE — GRESHAM RESOURCES (August 23, 1993)
Gary Fitchett appointed director, president and CEO; James Glass appointed chairman.
PEOPLE — WHISKEY CREEK (August 23, 1993)
Rene Carrier appointed president.
PEOPLE — ANNABEL GOLD MINES
Rene Carrier appointed president.
PEOPLE — ROMULUS RESOURCES
Robert Hunter appointed director and chairman; Robert Dickinson appointed director.
LATIN AMERICA ROUNDUP — Azco outlines Piedras tonnage
Based on 115 reverse circulation holes drilled in 1992 and 1993, Azco Mining (TSE) estimates its Piedras Verdes deposit near Alamos, Mexico, contains about 87.2 million tonnes grading 0.43% copper. Us…
PEOPLE — GETCHELL RESOURCES (August 23, 1993)
James Gillis appointed president.