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2004

News June 28, 2004

Uranium miners heat up

The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…

News June 28, 2004

Resource tabled for Boyongan

A resource estimate has been calculated for the Boyongan copper-gold deposit on the island of Mindanao in the southern Philippines. The deposit is part of the 250-sq.-km North project, owned equally by Philex Gold (PGI-T) and a…

News June 28, 2004

Gold rebound nudges juniors higher

The TSX Venture Exchange retook some ground over the trading period June 16-22, closing at 1,568.96, up almost 46 points. The junior market was propelled by a rebound in the gold price, closing at US$395 per oz., up about US$6. Gold seems to be en…

News June 28, 2004

Canadian Stock Exchange Indices (June 28, 2004)

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An Ashton Mining field geologist analyzes and logs core at Camp Lagopede, on the Foxtrot property in the Otish Mountains of northern Quebec.

News June 28, 2004

Partnerships pay off for Ashton

Ashton Mining of Canada (ACA-T) is stepping up exploration efforts following its success in helping find new diamond districts in Quebec, Alberta, and the Coronation Gulf area of Nunavut.

News June 28, 2004

Taparko-Bouroum feasibility positive

With a positive feasibility study for the Taparko and Bouroum gold deposits in eastern Burkina Faso in hand, High River Gold Mines (HRG-T) has concluded a deal with Axmin (AXM-V) to take over Bouroum.

News June 28, 2004

Linear cuts high-grade

Vancouver — The first hole drilled on the Campamento zone at Linear Gold‘s (LRR-V) wholly owned Ixhuatan project in Chiapas state, Mexico, has returned some sweet gold intersections.

News June 28, 2004

Coeur gets its permits

The trading period ended June 22 was another week in which the market failed to find a direction: the Dow Jones Industrial average eased up just 14.55 points to 10,395.07 while the S&P 500 index slipped 7.77 points to 1,134.41. Fear of inflation g…

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