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The Denver Business Journal
<br />III IIIIIIIIIIIIIIII
<br />999
<br />August 30-September 5, 1991
<br />91
<br />Commerce
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<br />Battle Mountain Gold to put
<br />North American office here -
<br />By Iv1ARK DOWLING
<br />Battle Mountain Gold [nc. of Houston is
<br />es[ablishing irs North American operations
<br />in Denver as patt of the mining company's
<br />ongoing reorganization.
<br />Battle Mountain will open its office in
<br />the next "two or three weeks," said Les
<br />Van Dyke, the company's director of cor-
<br />pora[ecommunications.
<br />Although Van Dyke would not specify
<br />where the office would be located, he said
<br />it would probably be in [he Denver Tech-
<br />nological Center or downtown Denver.
<br />The office would be s[affed at first by
<br />"[wo or [hree people," he said, bu[ more
<br />staff members may be added in the future.
<br />The company's reorganization plan will
<br />separate i[s national and international
<br />operations to give each its own focus, Van
<br />Dyke said.
<br />Battle Mountain chose Denver as i[s
<br />North American office because of its prox-
<br />imity to many of Battle Mountain's prop-
<br />erties in the western United States and
<br />[he support of Denver's mining industry
<br />infrastructure.
<br />The company, which will remain head-
<br />quartered in Houston, has named Andre
<br />Douchane as general manager of its North
<br />American operations.
<br />Battle Mountain has six mining proper-
<br />ties in Nevada, Alaska, California and
<br />Colorado, including the San Lui> projec[
<br />in southwestern Colorado, plus; several
<br />international projects.
<br />The San Luis property began gold pro-
<br />duction early this year. If the mine's pro-
<br />jected annual production ra[e of 60,000
<br />ounces of gold is reached, it would be the
<br />largest gold-producing mine in Colorado.
<br />Earth Sciences Inc. of Golden i; leasing
<br />the 800-acre property to Battle M runtain,
<br />although 8atde Mountain owns tl a actual
<br />mining opera ion, including the mill and
<br />other processing equipment.
<br />Earth Sciences will receive an a:;tima[ed
<br />5800,000 annually in royalties from the
<br />project, without being responsible For any
<br />of the costs or risks of the opera[i~n, said
<br />Ivtark MctCinnies, president of Earth Sci-
<br />ences.
<br />The life of the San Luis mine is esti-
<br />mated at eigh[ [o IO years.
<br />Also par[ of Ba[[le Mountain's r[ organi-
<br />za[ion is the creation of a Lain American
<br />subsidiary, headquartered in La Paz,
<br />Bolivia, and Battle Mountain PaciFtc, [o
<br />be headquartered in Sidney, Australia.
<br />Bat[le Mountain reported ne[ income of
<br />56.8 million on revenues of $76.7 million
<br />for the firs[ six mon[hs of 1991, compared
<br />wi[h a net loss of 522.3 million on n:venues
<br />of 566.7 million for the same period in
<br />1990.
<br />Look for work without leaving the couch
<br />Hy TOM LOCKS
<br />Starting Labdr Day, you can be a couch
<br />potato and look for a job at the same time.
<br />Employment Television (ETV) has
<br />arrived.
<br />The job-search television program pre-
<br />mieres in Denver Sept. 2 on Mile Hi Cable-
<br />vision and American Cablevision systems'
<br />Channel (0, and on United Cable's Chan-
<br />nel 13.
<br />"It's a unique idea that has been
<br />extremely well-received by the business
<br />community," said Jon Barocas, president
<br />of Denver-based Employment Television
<br />Inc.
<br />Bazocas said the ETV program, which
<br />will run two hours a day, five days a week,
<br />has commitments From 35 advertisers.
<br />They include King Soopers fnc., Sheraton
<br />Denver Tech Center, Total Petroleum Inc.
<br />and Paralegal Resource Center Inc. for
<br />help-wanted ads, and the University of
<br />Denver, University of Colorado a[ Denver
<br />and o[her schools for advertising promot-
<br />ing their classes and training programs.
<br />Each hour will include J4 minutes of
<br />one-minute helo-wanted ads, in which
<br />they find out that it's there (they wiB),"
<br />said Judy Graff, president of Crenver-
<br />based Paralegal Resource Center.:•he said
<br />her 5-yeaz-old paralegal placement agency
<br />is always looking for new blood since ics
<br />paralegals get hired away.
<br />Because of its expense, Graff':. news-
<br />paper help-wanted advertising is usually
<br />kep[ to a three-line ad on Sundays, but [he
<br />one-minute ETV ads give her time to be
<br />detailed about what she needs, helping to
<br />screen out unqualified job candidates, she
<br />said.
<br />ETV's prices are "very competitive"
<br />with newspapers, said Cindy Gruel direc-
<br />tor of human resources at the Sheraton
<br />Denver Tech Center. The hotel will use
<br />ETV to advertise for a varie[y of positions,
<br />From front desk clerks to managrmen[,
<br />said Gruel.
<br />The Rocky Moun[ain News and The
<br />Denver Post refused to accept ads for
<br />ETV, said Barocas. Lou Gold, inside sales
<br />classified manager for [he Rocky, con-
<br />firmed the paper wouldn't accep[ an ETV
<br />ad brcause i[ doesn't allow advertising that
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