Kemess South grows
Vancouver — Buoyant gold and copper prices contributed to stronger earnings for
2004
Shame about the ‘new face’
The official congress of China’s mining industry, “China Mining 2004,” took place in central Beijing in mid-November, hosted by China’s Ministry of Land and Resources, a “super ministry,” formed in 1998, under which all mining in the country opera…
Suppliers Roundup (November 29, 2004)
Big cats at Spence…
Juniors follow gold, other commodities higher
The junior mining sector remained upbeat during the report period Nov. 9-16 as the gold price approached and closed near the US$450-per-oz. mark. Toronto Venture Exchange-listed companies were likewise looking up. The S&P-TSX Venture Exchange Inde…
TSX hits high as golds ease
Toronto stocks added another 7.59 points over the Nov. 17-23 report period to end at a 4-year high of 8,995.19. The gold index yo-yoed its way 3.68 points lower to 225.5 even as the yellow metal tacked on US$4.70 to finish at US$448.15 per oz. in…
Golds sag despite rising bullion
U.S. stock markets finished little-changed over the report period Nov. 17-23 despite a selloff on Nov. 19 following comments by Federal Reserve chairman Alan Greenspan on how the U.S. current account deficit might depress the value of the greenbac…
Athabasca Basin attracts uranium explorers
Vancouver — The Athabasca Basin of northern Saskatchewan and Alberta is luring more and more junior companies eager to explore the potential for new uranium discoveries.
Ashton, Soquem prove up Renard cluster at Foxtrot property
Camp Lagopede, Foxtrot, Que. — It has long been speculated that those diamonds that have surfaced randomly and unexpectantly in the last couple of centuries across portions of the U.S., at the southern margins of glaciation, must have had their s…
Patricia, Richmont update Island Gold resource
Vancouver — An independent resource estimate at
Crystallex pumps up Cristinas reserve (November 29, 2004)
Drilling and a revision of the economic cutoff grade have combined to increase the reserve and resource figures at the Las Cristinas gold project in Bolivar state, Venezuela.
Abacus expands Afton project
Vancouver — Halfway through a second phase of drilling at the Afton project in south-central British Columbia,