BERYLLIUM INT'L SETS JOINT VENTURE WITH COMINCO
Beryllium International
Corp said it has signed a joint venture agreement with Cominco
American Inc, a unit of Cominco Ltd, to develop a beryllium
mine and processing plant on Beryllium International's property
in the Topaz Mountains southwest of Salt Lake City.
    Beryllium said as a 49 pct owner of the venture it would be
contributing the mine while Cominco, as operator and 51 pct
owner, would conduct drilling, metallurgical studies, process
testing, and other preliminary work for a feasibility study.
    Beryllium said the cost of the preliminary work in 1987,
which will start immediately, should be about 250,000 dlrs to
300,000 dlrs.
 Reuter
