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News August 30, 2004

Virginia upbeat at Eleanore

Virginia Gold Mines (VIA-T) reports impressive gold assays over minable widths from channel samples at the Eleanore project, 320 km north of Matagami, Que.

News August 30, 2004

Higher recoveries for Minera Andes

Vancouver — Metallurgical testing on material taken from the Huevos Verdes gold-silver vein in southern Argentina has resulted in encouraging recoveries for 49-51 partners Minera Andes (MAI-V) and Mauricio Hochschild &…

News August 30, 2004

Canadian Stock Exchange Indices (August 30, 2004)

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News August 30, 2004

Market rally pulls up miners

U.S. stock markets made a modest gain during the report period Aug. 12-24, with the Dow Jones Industrial Average rising 1.6% to 10,098.63 points and the S&P 500 index up 1.9% at 1,096.19.

News August 30, 2004

Noranda enjoyes profitable Q2

Noranda (NRD-T) is comfortably back in the black with second-quarter earnings of US$107 million, compared with a loss of $10 million for the corresponding quarter of last year.

News August 30, 2004

Gold price buoys market

The report period Aug. 12-24, saw the price of gold rise US$12.35 per oz. to finish at US$406.20 in the afternoon in London on Aug. 24. Gold fell more than US$4 on the final day of trading. The gold index was up 12 points to close at 193.61, and t…

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