News

Vancouver — Drilling by Northern Lion Gold (NL-V) on the Haveri project in southwestern Finland continues to return encouraging gold values.

A feasibility study commissioned by TVI Pacific (TVI-T) has determined that the oxide resource at the Canatuan massive sulphide deposit on Mindanao in the Philippines can be mined economically as an open pit.

The president and CEO of the Mining Association of British Columbia (MABC), Gary Livingston, has stepped down to assume the same posts with Western Canadian Coal.

In contrast to the findings in an annual survey of mining companies published by the Fraser Institute, a report by PricewaterhouseCoopers says financing for mining projects in British Columbia improved in 2003.

Pacific Gold (PCFG-O) hopes to be a placer gold producer in Oregon and Nevada in the near future. It is a company to watch as the action unfolds.

Aurizon Mines (ARZ-T) has intersected gold in two areas near the past-producing East mine, 100 km north of La Sarre in the Casa Berardi area of Quebec.

Unionized workers at Noranda’s Canadian Copper Refinery in Montreal have voted 83% in favour of a new, 3-year labour agreement.

Vancouver — Formation Capital (FCO-T) has launched a 7,500-metre drill program at its Idaho Cobalt project in east-central Idaho.

Cameco‘s (CCO-T) plan to acquire a 25.2% interest in the South Texas project, near Houston, Tex., has been scuppered by two current co-owners.

Antimony: Mid-mkt US$2,550/t.