2004

Securities reform tops agenda

Securities reform has been a major issue for the Prospectors & Developers Association of Canada (PDAC) since 2001, and remains a priority.


Price volatility expected for copper

Although copper recently lost its upside momentum, we believe downside risk to prices is limited beyond technical support targets because of sheer physical shortages and modest speculative length. However, high price volatility is likely to persis…


Dia Bras options Mexican project

Vancouver — Through an option agreement, Montreal-based Dia Bras Exploration (DIB-V) can acquire the Promontorio gold-silver-copper property in northern Mexico by paying US$3 million in cash over five years.


UN says Congo mine poses health risk

United Nations investigators say illicit mining at the Shinkolobwe uranium mine in east Congo is putting thousands of locals at risk of contracting cancer because of high radiation levels. They also warn that the nuclear ore, if left unpoliced, co…



Starfield steps out at Ferguson Lake

Vancouver — Drilling by Starfield Resources (SRU-V) at the Ferguson Lake copper/nickel/platinum-group-metal project, 240 km west of Rankin Inlet in Nunavut, has confirmed the extension of mineralization along a major conductive…


People (August 02, 2004)

Tsodilo — Andrew Moore, Pieter Gresse and Peter Walker appointed to technical committee; Moore resigned as director but remains as VP of exploration.


Goldcorp fattens nest egg

Goldcorp (G-T) saw its second-quarter earnings nearly halved to US$9.2 million as the company withheld a third of its production to rebuild its bullion hoard.



Alcoa boosts output at smelter

Alcoa Aluminio, a wholly owned Brazilian subsidiary of Pittsburgh-based Alcoa, plans to boost its share of aluminum capacity by 30%, or 63,000 tonnes per year, at the Sao Luis (Alumar) aluminum smelter in Brazil.


Solid grades at Sa Perrima

Vancouver — Drill core from the Sa Perrima deposit at the Furtei property on the island of Sardinia has yielded encouraging grades, and results suggest the high-grade mineralization is open to the north.



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