Cons. Brenzac busy in Indonesia
Consolidated Benzac Development (VSE) now has contracts of work (CoWs) covering more than 1,310 sq. km on the Indonesain island of Kalimantan.The company acquired two new CoWs covering the Bunut epith…
News
NEWS IN BRIEF (February 05, 1996)
Jazzman Ventures (IJV: VSE) and Oro Belle Resources (ORS:VSE) have amalgamated. The company name will remain Oro Belle Resources (ORS:VSE).
Kennecott constructs huge Utah smelter
The largest construction project undertaken in the state of Utah is a fait accompli.The US$600-million Kennecott Utah Copper smelter, near Salt Lake City, was designed and built by Davy International,…
South Pacific explores in Indonesia
Indonesian explorer South Pacific Resources (VSE) will spend US$4.4 million testing its three properties on the island of Kalimantan.The program, which was fully funded by an equity issue in 1995, wil…
INSIDER TRADING — Campbell executives take shares as pay
Several officers and directors of Campbell Resources (TSE) exercised options and acquired shares in December 1995.According to the Ontario Securities Commission’s OSC Bulletin, Gary Cohoon, senior off…
STOCK MARKETS — Western markets kept afloat by resource issues
Western markets continued to push ahead over the report period ended Jan. 30. The Vancouver Stock Exchange composite index added 21.5 points to close at 886.79, while the resource index rolled upwards…
Drill program enhances potential of Bre-X’s Southeast gold zone
Drill results from the Southeast zone at Bre-X Minerals’ (ASE) Busang discovery in Indonesia point to a rich deposit of gold mineralization.The company believes the 250 metres between fencelines SEZ-4…
STOCK MARKETS — Golds, metals add momentum to TSE
Golds and base metals continued to lead the charge as the Toronto Stock exchange smashed previous records and gained 123.73 points (2.5%) for the report period ended Jan. 30. The TSE 300 composite ind…
DIAMOND NEWS — Radisson steps up diamond search in Central African Republic
To accelerate its search for diamonds in the Central African Republic, Radisson Mining Resources (ME) has acquired two diver-operated mining systems.The new equipment will be used to recover diamonds,…
Teck subsidiary options Northair ground
The Mexican subsidiary of Teck (TSE) will earn a 51% interest in the Lachatao property of International Northair Mines (VSE).Situated in Oaxaca state, the property covers most of a major, historical g…
Da Capo buys Capa Circa ground
A deal to buy the Bolivian company that owns the Capa Circa property in that country will give Da Capo Resources (VSE) full ownership of the gold project.Until now, Da Capo was able to earn an initial…
Emperor lands Grass Valley permit
Junior Emperor Gold (VSE) has secured a permit enabling it to dewater and explore the Idaho-Maryland mine in Grass Valley, Calif. The Nevada Cty. Planning Commission approved the permit following seve…