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News June 21, 2004

Wheaton to hold second vote

The proposed merger deal between Iamgold (IMG-T) and Wheaton River Minerals (WRM-T), accepted by Wheaton shareholders in a June 8 vote, will go back to the shareholders of both companies at meetings in late Ju…

News June 21, 2004

Jericho reaches milestone with federal OK

The managers of Tahera (TAH-T) are excited about a new deal they have struck with De Beers Canada to acquire control of a property package covering four known diamondiferous kimberlites, including the sizable…

News June 21, 2004

Canadian Stock Exchange Indices (June 21, 2004)

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News June 21, 2004

Weak Metal Prices spell gloom for juniors

The TSX Venture Exchange took another hit over the June 9-15 trading period, losing almost 50 points to close at 1523. The price of gold continued to struggle and ended the period at roughly US$389 per oz., down slightly from US$391 on June 8.

News June 21, 2004

Yanzhou’s coal a hot commodity

The trading week ended June 15 was shortened by a national day of mourning on June 11 to honour of the passing of Cold Warrior Ronald Reagan, who was buried in Simi Valley in California following funeral services in Washington D.C. Trading action…

News June 21, 2004

Man dies in coal mine

A contractor working at Anglo Coal’s Dartbrook mine, near Muswellbrook, New South Wales, was killed when the shaft in which he was working collapsed.

News June 21, 2004

Tahera stock churns as Jericho project approved

The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.

The Pimenton camp in the High Andes, 135 km northeast of Santiago and close to the border with Argentina.

News June 21, 2004

Pimenton catapults SAG&C to producer status

Santiago, Chile — Having recently ramped up to production, the Pimenton gold and copper mine in the High Andes of central Chile is bringing South American Gold & Copper Co. (SAG-T) a big step closer to its goal of becoming a si…

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