2004

Highland Gold sews up Russian ground…

Over the period ended July 13, Brazil’s CVRD announced its first-ever direct investment in China in the form of a joint venture to produce coke fuel with China’s Yankuang Group and Japan’s Itochu Corp.

Vancouver — The daily capacity of bcMetals‘ (C-V) proposed Red Chris porphyry copper-gold mine in northwestern British Columbia has been increased to 27,500 from 25,000 tonnes over 18 years.

MacMillan Gold (MMG-V) has intersected significant gold and silver grades at its Cerro de Oro property in Zacatecas state, Mexico.

AngloGold Ashanti (ASL-N) will acquire a 29.9% interest in Trans-Siberian Gold (TSG-L).

Vancouver — Ivanhoe Mines (IVN-T) has closed a $140-million equity financing consisting of 20 million shares priced at $7 per share.