News
Daily Metal Prices (April 26, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canada’s miners felled by lower prices
The April 14-20 report period was relatively quiet for gold as the yellow metal shed just US90 to finish at US$396.85 per oz. in London. The Toronto Stock Exchange’s gold index mimicked the metal’s performance, peaking at 214.05 points at mid-per…
Big coal makes gains
Over the period ended April 20, America’s big coal producers dominated the greatest-value-change list, with
Western Silver to fast-track Penasquito
Vancouver — An independent prefeasibility study has concluded that the Chile Colorado zone on
Aljustrel feasibility sees higher costs (April 26, 2004)
An update of the feasibility study on the Aljustrel zinc project in Portugal shows increased capital costs, partly offset by higher revenues.
Hillsborough boosts bottom line
Higher coal prices helped push
Gold explorers lose ground as metal slides
Gold’s decline to below US$400 per oz. during the report period April 14-20 took its toll on the junior mining sector.
Ivanhoe weighs offers for Oyu Tolgoi (April 26, 2004)
Crystallex drilling Las Cristinas
Toronto-based Crystallex International (kry-t) is proceeding with exploration work including drilling while it awaits approvals to build a mine at Las Cristinas, a bulk-tonnage gold deposit in Venezuela’s Kilometre 88 gold district.
Craigmont and Chris James team up in Merritt
Christopher James Gold (CJG-V) and privately held Craigmont Mines Joint Venture recently teamed up to explore and develop their properties near Merritt in south-central B.C.
Partners cut new MacFadyen kimberlite
Drilling by partners