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News October 4, 2004

The Rock Creek mine

Throughout history, the demand for commodities has been constantly increasing. It is difficult to foresee a reversal of this trend. Between China and India alone, roughly 2 billion people are on the verge of becoming middle-class consumers. Good o…

News October 4, 2004

Canadian Stock Exchange Indices (October 04, 2004)

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News October 4, 2004

Miners a haven in weak market

U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…

The dormant Summit Lake gold mine (lower right), in the Stewart area of northwestern British Columbia.

News October 4, 2004

Gold explorers scour historic BC camp

Vancouver — Undergound drilling by Tenajon Resources (TJS-V) on the Summit Lake gold project is one of many exploration programs under way in the rugged Stewart area of northwestern British Columbia.

News October 4, 2004

Copper bugs in Chile

Corporacion Nacional del Cobre de Chile (Codelco), the state-owned king of copper producers, could be the first major mining company to build an industrial-scale copper plant that employs heat-loving bacteria as processing agents.

News October 4, 2004

Metanor buys Bachelor Lake mine

For $2.3 million in cash, Montreal-based junior Metanor Resources (MTO-V) has bought a 100% interest in the formerly producing Bachelor Lake gold mine in Quebec from miner Campbell Resources (CCH-T).

News October 4, 2004

Knight translates knowledge into honour

Renowned German geologist Hans Cloos once wrote that his ilk translate the Earth’s language into their own through trained senses and disciplined thinking. Ian Knight, a geologist with the Newfoundland and Labrador Geological Survey (NLGS), is one…

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