News

Vancouver — Following a positive preliminary assessment, Northern Dynasty Minerals‘ (NDM-V) intends to advance its Pebble gold-copper-molybdenum project in southwestern Alaska to the feasibility stage.

Vancouver — Placer Dome (PDG-T) earned US$148 million (or 36 per share) in the third quarter, up substantially from US$27 million (6 per share) in the corresponding period of 2003. Tax gains contributed to the improvement.

Voters in Montana turned down a ballot measure that would have overturned an earlier state prohibition on the use of cyanide in gold or silver mining.

Vancouver — Robust commodity prices have enabled Teck Cominco (TEK-T) to report record earnings for the fourth consecutive quarter.

Vancouver — St. Jude Resources (SJD-V) plans to carry out a feasibility study of the Benso and Hwini Butre properties in Ghana, in light of a resource estimate by Watts Griffis & McOuat.

The decline at the Clavos project, east of Timmins, Ont., being driven by Dumas Contracting for owner St Andrew Goldfields (SAS-T), has reached the 200-metre level.

A property deal with a private vendor has given Osisko Exploration (OSK-V) an option on the Canadian Malartic property, 25 km west of Val d’Or, Que.