CHILEAN REVIEW — Rutile potential for Adex
A pair of rutile properties in northern Chile offer potential for Adex Mining (TSE). The wholly owned properties, Barranca Negra and La Rosada, are about four kilometres apart. At Barranca Negra, prel…
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EDITORIAL PAGE — Environmentalists lay final claim to Windy
Windy Craggy is now dead. But let’s get it straight. It was a victim of politics, not its inherent environmental problems. All the environmental difficulties related to mining the huge copper deposit,…
Crown to explore Argentinian play
Denver-based Crown Resources (TSE) has applied for exploration rights covering more than 200,000 acres in three provinces of northwestern Argentina. The ground covers extensions of the two largest kno…
Chile is leader in copper output
The largest producer and exporter of copper in the world is Chile. In addition to copper, the South American nation’s mineral output includes gold, silver, molybdenum, iron and nitrates. State-owned c…
NEWS ROUNDUP — Trans America options iodine project
Earlier this year, Trans America Industries (VSE) optioned a property near Antofagasta, Chile, hosting reserves of iodine and other industrial minerals. The company then acquired $500,000 from the sal…
Princeton plans more work for Rio Lluta copper project
Toronto-listed Princeton Mining is considering joint-venturing a portion of its interest in the Rio Lluta project near Arica in northern Chile. The company drilled 11 rotary holes, intersecting what i…
NEWS ROUNDUP — Top 10′ gold producer
A “top 10” world gold producer the past two years, Chile turned out more than 39 tonnes of the yellow metal in 1992, up 20% from the previous year. Gold Fields Mineral Services of London, in its Gold …
Boron evaluates properties
Private placement funds totaling $500,000 will be used to evaluate boron properties held by the Chilean subsidiary of Boron Chemicals International (VSE) in Chile and Bolivia. The private placements w…
Bema looks for improved year
With President Clive Johnson likening his company’s past fiscal year to the recent misfortunes experienced by Britain’s royal family, Bema Gold (TSE) is looking ahead to better times. Faced with extre…
LAST BUT NOT LEAST — Amax suspends Hayden mill
Persistently low head grades at the Hayden Hill mine have prompted Amax Gold (NYSE) to suspend milling temporarily. The mine, near Susanville, Calif., started up in the third quarter of 1992 and has s…
Hunt for additional reserves continues at La Coipa mine
Partners Placer Dome (TSE) and TVX Gold (TSE) are planning to spend $1 million on exploration this year to delineate additional reserves at La Coipa mine in northern Chile. Exploration will focus on t…
Placer updating Zaldivar study
An updated feasibility study for development of Placer Dome’s (TSE) 50%-owned Zaldivar copper property is to be completed by early July. Situated in the Atacama desert of northern Chile, Zaldivar is e…