2005

The Afton open pit copper mine operated from 1978-1987. DRC Resources has identified a large copper-gold resource beneath the pit.

Copper is king in British Columbia

Vancouver — Mineral exploration and development in British Columbia have emerged from a bad nightmare caused by weak commodity prices and an unsupportive previous provincial government.


Large resource at Lumina’s Regalito

Vancouver — An independent estimate suggests Lumina Copper‘s (LCC-T) Regalito project has an indicated resource of 628 million tonnes grading 0.43% copper and an inferred resource of 131 million tonnes grading 0.41% copper.


Idled mill complex at Tagish Lake's Skukum gold property in southern Yukon.

Yukon exploration heats up

Whitehorse, Y.T. — In an effort to improve its economy, the Yukon government is rolling out the welcome mat as it tries to lure companies back into exploring and mining in the territory. Buoyed by a resurgence in metal prices on the heels of devo…



Miners recover

United States stock markets drifted marginally lower over the report period Jan. 5-11, with the S&P 500 index down 5.06 points at 1,182.99.


PDAC questions Ontario bill

The Prospectors & Developers Association (PDAC) has made submissions to hearings into Bill 97, which proposes that resource companies intending to extract natural resources from First Nations traditional lands in northern Ontario must negotiate a…


Timber wolf attacks Key Lake worker

It was anything but a happy new year for Fred Desjarlais, an employee of Cameco‘s (CCO-T) Key Lake uranium operations in northern Saskatchewan.



Nevsun rises over Eritrea talks

The week of Jan. 5-11 saw the price of gold fall to US$420 per oz. on Jan. 10 before climbing back up to US$421.35, where it closed in the afternoon in London (down US$6.40 over the period). The gold index was down one point to close at 198.69. Th…



Canadian Stock Exchange Indices (January 17, 2005)



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