2004




TSM initiative launched

Canada’s mining leaders and the Mining Association of Canada (MAC) have banded together to launch Towards Sustainable Mining (TSM), a public relations campaign aimed at demonstrating mining’s ability to police itself, and in doing so, gain greater…


Diamond strategy unveiled

A group consisting of the Northwest Territories and Nunavut Chamber of Mines, the Prospectors & Developers Association of Canada, and the Mining Association of Canada (MAC), has released a document designed to influence public policy on the Canadi…


Study examines larger mine at Las Cristinas

Vancouver — A feasibility study prepared for Crystallex International (KRY-T) suggests the economics of Las Cristinas could be improved by doubling daily throughput to 40,000 tonnes.


Shareholder seeks spot on Kimber board

Vancouver — The recent slump in gold and silver prices has prompted a major shareholder of Kimber Resources (KBR-V) to withdraw a proposed bid for additional shares of the company.


Revenue up, earnings down for Fording (May 17, 2004)

Vancouver — Calgary-based Fording Canadian Coal Trust (FDG-T), a continuation of predecessor Fording, posted net income of $10.7 million in the recent first quarter, plunging from $147.3 million a year earlier.


Hecla cuts costs, boosts profits

Vancouver — Higher metal prices and lower production costs helped Hecla Mining (HL-N) nearly double its first-quarter gross profit to US$13.4 million, compared with US$7 million a year earlier.


Junior mining sector loses ground

The TSX Venture Exchange fell just shy of 100 points during the May 5-11 trading period to close at 1558.69, representing the fifth-consecutive drop. The junior mining sector fared no better, with a whopping 71 Venture Exchange-listed companies re…



J-Pacific to explore Blackdome (May 17, 2004)

Vancouver — J-Pacific Gold (JPN-V) has retained Roscoe Postle Associates to develop an exploration plan for the Blackdome mine property, 70 km west of Clinton in south-central British Columbia.


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