2004

Amera tests system at Mogote

Vancouver — A first phase of drilling by Amera Resources (AMS-V) has expanded the potential of a copper-gold porphyry system at the Mogote project in Argentina’s San Juan province.



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.



Fears cripple Toronto Stock Exchange

With the May 5-11 report period dominated by headlines heralding impending interest rate hikes, China’s decision to try to slow its sizzling economy, and soaring oil prices, one could hardly fault investors for bolting for the doors. And bolt they…




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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