2004

Geophysics finds targets for Romios

Romios Gold Resources (RG-V) has identified drill targets following airborne and ground geophysical surveys on two of its properties in the Sudbury area of Ontario.


New office for Miner, Handbook

The Toronto office of The Northern Miner and Canadian Mines Handbook is changing location. Effective August 16, the new address will be 12 Concorde Place, Suite 800, Toronto, Ont. M3C 4J2.


Escondida in northern Chile ranks as the world's largest copper mine, accounting for 8% of global copper output. The mine's owners are BHP Billiton (57.5%), Rio Tinto (30%), a Japanese consortium led by Mitsubishi (10%), and the World Bank's International Finance Corp. (2.5%).

Outlook for base metals

Base metal prices saw their first peak in April, and have retraced 15% since then. Before the second leg of our expected twin-price peak starts to form, we expect further price falls.


Insider Trading (July 26, 2004)

The following insider trading transactions were reported by the Ontario Securites Commission in the June and July issues of its OSC Bulletin:…


The diamond district in downtown Antwerp, Belgium.

De Beers settles US cartel charges

Diamond producer De Beers has pleaded guilty to charges under American anti-trust laws in a settlement that may allow the company to resume business in the U.S.


Judge refuses to rule on cyanide case

A federal judge in the U.S. says he will not issue a ruling on a lawsuit filed by native leaders from the Fort Belknap Indian Reservation in Montana who are trying to force the cleanup of the abandoned Zortman and Landusky gold mines, near Malta.


Kimberly buys Rescue

Coeur d’Alene-based junior Kimberly Gold Mines (KMGM-O) has bought the Rescue mine and 120-ton-per day mill in central Idaho, and intends to resume gold production there by next summer.


Detour leads to high-grade M zone

Drilling by Trade Winds Ventures (TWD-V) and Pelangio Mines (PLG-V) on their Detour Lake Block A joint-venture property continues to hit multiple high-grade gold intercepts. The property is just west of the pa…






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