News

Vancouver-based Chesapeake Gold (CKG-V) has assembled a portfolio of 10 gold projects in Mexico, including ones in a new epithermal gold district.

The S&P-TSX Composite Index gathered 246.78 points to end the March 31-to-April 6 report period at 8,832.71. The gains were not a result of the golds, which fell 3.43 points to 226.44. The price of the yellow metal fell US$5.80…

Robust prices for gold and silver triggered another round of trading activity on the TSX Venture Exchange over the report period March 31-April 6. The composite index was up about 20 points at 1,881 over the week.

Vancouver — Pacific Rim (PMU-V) plans to sell its Chilean unit that holds the Andacollo gold mine to Toronto-based MCK Mining ().

Congolese President Joseph Kabila has approved a deal under which American Mineral Fields (AMZ-T) can acquire the Kolwezi copper-cobalt tailings project in Katanga province, Democratic Republic of Congo.

Canadian mineral exploration companies have historically thought of Latin America as their turf. It was the juniors of Vancouver and Toronto that made many of the discoveries there that are today productive mines.

Saskatoon-based Cameco (CCO-T) and the National Atomic Co. of Kazakstan plan to spend some US$38 million to bring the Inkai uranium deposit in that country into commercial production in 2007.

As outgoing president of the Prospectors and Developers Association of Canada (PDAC), I have had the luck during my term to experience the exploration industry go from a very deep depression in 2002 through to a satisfying resurgence. This was exe…

Vancouver — Radius Exploraions (RDU-V) has acquired full ownership of the Tambor gold properties in central Guatemala from Gold Fields (GFI-N) in return for 1.3 million shares.

Dynatec stays at Red Lake…

Peru will produce 5% more copper in 2004 than in 2003, or roughly 881,000 tonnes, worth an estimated US$1.2 billion. The prediction comes from the country’s National Society of Energy, Mining and Petroleum, based in Lima.