2004

Gold ended US$2.50 per oz. lower at US$383.10 per oz. in New York on Monday sending Toronto’s gold stocks down 3.85…

Vancouver — South Atlantic Ventures (SAA-V) has completed its US$101-million purchase of the Zinkgruvan lead-zinc-silver mine in Sweden from Rio Tinto (rtp-n).

Vancouver — Initial assays from Kaieteur Resource‘s (KTR-V) Altan Uul (Gold Mountain) project, in the south Gobi region of Mongolia, failed to show pervasive gold mineralization.

Vancouver — Vancouver-based Great Quest Metals (GQ-V) is turning up lots of gold from deep pits at the Kenieba concession in Mali.

Goldcrest Resources (GCL-V) has hit high-grade gold on its Youanmi project, 480 km north northeast of Perth in Western Australia.

U.S. equity markets enjoyed strong gains during the report period June 2-8, with the golds generally lower and base metal stocks generally higher.

First Quantum Minerals (FM-T) has entered a deal to acquire an 80% interest in a copper-gold project in western Mauritania.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 8 (change from May 28 in brackets):…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…

Cancor Mines (KCR-T) and Cambior (CBJ-T) have intersected massive sulphide lenses with significant gold and silver assays on their Gemini-Turgeon project, 80 km north of La Sarre in Quebec’s Abitibi region.