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News September 20, 2004

Peru backs Yanacocha

The Peruvian government says it won’t give into local protesters and revoke a permit allowing Minera Yanacocha, controlled by Newmont Mining (NEM-N) and Peru’s Minas Buenaventura (BVN-N), to explore for gold a…

News September 20, 2004

Alcan expands Down Under

Montreal-based Alcan (AL-T) will invest A$1.3 billion in the expansion of its Gove alumina refinery in Australia’s Northern Territory.

News September 20, 2004

Alcoa shares tumble (September 20, 2004)

Alcoa (AA-N) shares fell 7.5% to US$30.75 on Sept. 10 after the company warned that third-quarter earnings from continuing operations would likely shrink to US30-35 per share from a previously expected US52 per share.

News September 20, 2004

Canadian Stock Exchange Indices (September 20, 2004)

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News September 20, 2004

Shear adds to Churchill discoveries

Spurred on by promising pyrope garnet indicator-mineral till chemistry, Shear Minerals (SRM-V) has added to the number of kimberlites at its Churchill diamond project in Nunavut, with the discovery of four new bodies.

News September 20, 2004

Investors anxiously awaiting results

The junior mining market is showing rumblings of gaining some legs with daily trading volumes remaining over the paltry 20-million-share threshold for the week. Investors await exploration results from the plethora of cashed-up companies active ov…

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