2004

A significant decline in precious metal prices over the week took the wind out of the junior resource market. The S&P-TSX Venture Composite Index closed at 1,721.79 for the week Dec. 8-14, up slightly from previous week’s close of 1,712.19, but no…

Vancouver — A positive resource estimate has induced Richmont Mines (RIC-T) to acquire a majority interest in the Island Gold project in Ontario from Patricia Mining (PAT-V).

Vancouver — Placer Dome (PDG-T) predicts higher production costs for its gold and copper operations in 2005, owing to a weak U.S. dollar, and only a slight increase in metal production. However, strong gold and copper prices sh…

The equity offering to finance OntZinc‘s (OTZ-V) purchase of Hudson Bay Mining & Smelting will raise up to $143.8 million, following agreements with a syndicate of seven investment houses.

Vancouver — Messina Minerals (MMI-V) has encountered massive sulphides on the Boomerang prospect, part of the South Tulks project in west-central Newfoundland.

Having spent more than A$105 million on exploration and assessment over the past seven years, Bendigo Mining has confirmed the informal “resource potential” of its New Bendigo gold project in southeastern Australia’s Victoria st…