News


Canadian Stock Exchange Indices (August 09, 2004)



A haul truck is loaded with coal at Pine Valley Coal's Willow Creek mine in southern British Columbia.

Pine Valley starts coal mine in BC

Vancouver — Six years after receiving approval, Pine Valley Mining (PVM-V) has finally begun commercial-scale coal production at its Willow Creek mine in northeastern British Columbia.


Rory vein augurs well for Table Mountain

Vancouver — Diamond drilling at Cusac Gold‘s (CQC-V) Table Mountain property in north-central British Columbia has yielded high-grade results over wider intervals than those previously mined. Cusac has been eager to resume oper…



Dikulushi serves up deep grades in Congo

High-grade intersections encountered at the Dikulushi copper mine in the eastern Democratic Republic of Congo indicate the mineralized zone may extend to a depth of at least 300 metres.


A royal row

Like most companies, those engaged in mining are in the business of making money, and as much as possible. It’s no surprise then that alarm bells sound when new royalties have to be paid. The bells are currently ringing in Peru and Chile.


Diamond strategy necessary

Canada’s first two diamond mines, Ekati and Diavik, are among the best in the world. In just six years, these exceptional mines have propelled Canada into third place in the world by value of rough diamond production.



Trading volume high for Wheaton River

The report period July 28-Aug. 3 saw the price of gold close down US$9.05 at US$390.95 per oz. in the afternoon in London. The Toronto Stock Exchange was closed Aug. 2 because of a civic holiday.



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