News

A drilling program to confirm the source of mineralized boulders at the Sagar-III gold-uranium property in the Labrador trough area of Quebec should start in January, Virginia Gold Mines (ME) says. An…

Consulting firm Pincock, Allen & Holt of Colorado was recently awarded a contract to design a restructuring program for Bolivian state-owned mining company COMIBOL. An earlier story (T.N.M., Dec. 7/92…

A 49% interest in the large copper-uranium Olympic Dam mine in Australia has been sold, pending regulatory approval, to Minorco of South Africa for US$456 million by British Petroleum Co. The other 51…

In the annotation to Arvi Parbo’s excellent acceptance speech for the Georg Agricola medal (T.N.M., Oct.12/92), you say that the award ceremony took place in Salzburg, Germany. The city of Salzburg is…

Rene Latiolais elected chairman of the board.

Stewart Jackson appointed director.

Robert Turner appointed vice-president, mineral processing for Venezuela.

The Sparks, Nev.- based Mining and Geothermal Committee will host a conference at the Nugget Hotel and Casino in Reno, Nev., March 11-13, 1993. Topics include the U.S. Mining Law and regulations perta…

Gold Funds as of Dec. 15 BGR Central Net Value $7.95 $5.10 Price $6.25 $4.55 Discount 21.41% 10.8% Value $45,514,000 $76,550,565…

Talks took place recently between Jordex Resources (TSE) and Anglo American of South Africa regarding the latter’s offer to acquire a majority interest and control of the Loma de Hierro nickel laterit…

Golden Peaks Resources Ltd. (GL:VSE) has changed its transfer agent to Montreal Trust Co.

In early 1992, after four years of negotiations, Falconbridge signed an agreement with the Ontario government which permits exploration to occur on the old Kam Kotia mine property near Timmins, Ont. T…