2004

Axmin (AXM-V) has intersected good gold grades on its Kofi project, 25 km northwest of Kniba in western Mali.

Vancouver — Anglo American (AAUK-Q) has dropped its option on Muskox Minerals‘ (MSK-V) Muskox Intrusive project in the Coronation Gulf region of Nunavut.

The TSX Venture Exchange managed neither a loss nor a gain over the report period May 26-June 1, ending at 1603.22 after breaking its 6-week losing streak in the previous week.

Vancouver — Drilling by First Point Minerals (FPX-V) on the Rio Luna gold project in Nicaragua has returned encouraging grades.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 28 (change from May 25 in brackets):…

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

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.

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

Higher copper prices are creating a rush in the American southwest, with junior explorers eyeing various historic mining districts and past-producing operations.

Southern Cross Resources (SXR-T) has identified more uranium within 500 metres of the Honeymoon Resource on Mining Lease 6109 in the Curnamona area, 75 km northwest of Broken Hill in the state of Southern Australia.