News

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.