News



Canadian Stock Exchange Indices (November 29, 2004)


Copper Creek buoyed

Vancouver — Drilling by Firesteel Resources (FTR-V) on the Copper Creek project in northwestern British Columbia continues to deliver wide intercepts of porphyry copper-gold mineralization.


Coeur goes to market for US$107 m

Idaho-based Coeur d’Alene Mines (CDE-N) has arranged to issue 25 million shares in a public offering to raise US$106.9 million.


Acadian posts resource at Beaver Dam (November 29, 2004)

A preliminary resource calculation for Acadian Gold (ADA-V) on the Beaver Dam deposit in central Nova Scotia indicates a measured and indicated resource of 1.3 million tonnes grading 2.3 grams gold per tonne, and an inferred res…



Kemess South grows

Vancouver — Buoyant gold and copper prices contributed to stronger earnings for Northgate Minerals (NGX-T) in the third quarter.


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…



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…


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