2004

Hecla to develop Mina Isidora

Vancouver — The board of Hecla Mining (HL-N) has approved a US$30-million plan to develop Mina Isidora, a gold deposit on the company’s Block B lease in the El Callao district of eastern Venezuela.


Scholarship to honour Ward

A scholarship in memory of geologist Marie-Claire Ward will be presented to a student enrolled in a master’s or doctoral program in geology at a Canadian university.


Export gains in Peru

Surging metal prices and higher demand from China caused the value of Peru’s mining exports to rise to US$1.51 billion in the first quarter, representing a 52.3% increase over the comparable period in 2003.




Canadian Stock Exchange Indices (May 24, 2004)




Diavik ahead of design capacity

Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…




BHP eyes nickel prospect in Manitoba

Vancouver — BHP Billiton Diamonds, a unit of mega-miner BHP Billiton (BHP-N), has secured rights to earn up to 70% of the so-called Big claims, held by ValGold Resources (VAL-V) in northern Manitoba.


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