Gresik smelter starts up
Freeport-McMoRan Copper & Gold (FCX-N) has sold its first batch of copper cathode from the Gresik smelter and refinery in Java, Indonesia.The smelter is operated by P.T. Smelting, which is 70%-control…
News
Asarco agrees to pay penalty
Asarco (AR-N) has agreed to pay US$5.5 million in environmental penalties without admitting wrongdoing.The company has also committed to spend US$2.2 million for additional cleanup projects at its ope…
Production record for Sherritt’s metals division
Following a $72.3-million writedown on the carrying value of its oil-and-gas assets in Cuba and Italy, Sherritt International ended last year in the red. (After tax, the value of the oil-and-gas write…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Growing US economy bolsters mining industry
The U.S. economy expanded 3.9% in 1998, prompting increased consumption of minerals and mineral-based products, according to a study by the United States Geological Survey. Much of this increase in co…
Gold Fields to merge with Driefontein
Shareholders of both Driefontein Consolidated (DRFNY-Q) and Gold Fields (GLDFY-O) have given the nod to a proposed merger of the companies into a larger and more diversified Gold Fields.Driefontein op…
BYG heads into receivership
Low gold prices have proved too much for B.Y.G. Natural Resources (BYG-T), which has gone into receivership and been suspended from trading on the Toronto and Alberta stock exchanges.B.Y.G. says the r…
Atna encouraged by results from the DR
The results from a first phase of widely spaced drilling on the San Antonio I concession in the Dominican Republic leads Atna Resources (ATN-T) to believe it might have intersected the upper edge of a…
SouthernEra strikes platinum, diamond deals
Nothing if not creative in its diversification plans, SouthernEra Resources (SUF-T) has announced deals to take over a development-stage platinum project in South Africa and to explore for diamonds in…
Cominco looking for new deal at Highland
The Highland Valley copper mine in southern British Columbia will close its doors on May 15, unless the owners can negotiate significant wage and power concessions to keep the mine operating profitabl…
PEOPLE — Great Western (May 03, 1999)
Wayne Schigol appointed director.
LETTERS TO THE EDITOR — Chemists deserve QP consideration
I read with interest the letter by Ed Alvarez that appeared in your March 15-19 issue, in which he proposes that chartered chemists be considered as “Qualified Persons.”I have no problem with this con…
PEOPLE — Galleria (May 03, 1999)
Gerard Edwards appointed director.