The golden boys: a determined pair of geologists strike pay dirt in Indonesia's hills

Article Abstract:

Geologists Mike de Guzman and his colleague John Felderhof, vice chairman of Bre-X Minerals of Canada, a mining company, spent years prospecting in Indonesia, and found the Busang gold prospect. Bre-X began drilling on the now famous Southeast Zone, known as Busang II. It is believed that the high concentration of minerals found at Busang was due to the dome-like geological structure which lay at a fault line crossroads. The Busang III concession has yet to be drilled, and geological abnormalities have been identified by satellite imagery.

Gold industry

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Yours, mine, ours: Freeport, RTZ lock drills on Irian Jaya

Article Abstract:

US-based Freeport-McMoRan and Britain's RTZ have agreed on a joint venture to mine at least two of Freeport's important copper and gold finds in Irian Jaya. The $1.8 billion deal calls for RTZ to purchase 18% of Freeport- McMoRan Copper & Gold for $875 million and invest another $850 million in prospecting and production. It will have first claim on profits until its investment is paid back. Both companies have recently had strong growth and anticipate a bright future as they explore more sites on Irian Jaya.

Copper Ore and Nickel Ore Mining, Copper ores, Copper Ore, Mining industry, Contracts, Natural resources, Rio Tinto PLC, P.T. Freeport Indonesia

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Now hear this: Irian Jaya rebels learn to play hardball

Article Abstract:

Rebels in Indonesia's Irian Jaya highlands have shown unexpected sophistication in their negotiations for the release fo 13 kidnapped conservationists. Guerrilla leader Kelly Kwalik managed to produce a seven-page demand statement, neatly typed in grammatically correct Indonesian, despite the rebels' Stone-age reputation. However, the speed with which the ed Cross was able to respond to his needs, and to several intervening and related crises, seemed to catch Kwalik off-guard.

National liberation movements, Guerrillas

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