2004


New zone at Essakan

Results continue to expand the resource at the Essakan gold property in Burkina Faso, West Africa. Orezone Resources (OZN-T) is the operator, while Gold Fields (GFI-N) is earning a half-interest in the 1,450-s…




Century aims to revive Sigma-Lamaque

Vancouver — A letter agreement sets the stage for Century Mining (CMM-V) to acquire the historic Sigma-Lamaque gold mine complex in the Val d’Or camp of northwestern Quebec.


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.


New interest in platinum and palladium

Confirmation of the increased interest in platinum and palladium has arrived in the form of the first annual survey by Gold Fields Mineral Services (GFMS), previously known for its work in gold and silver. This follows the entrance of fellow-consu…


Kinross to suspend New Britannia

Faced with a diminishing orebody, Kinross Gold (K-T) and joint-venture partner High River Gold Mines (HRG-T) have decided to suspend development at the New Britannia mine in Snow Lake, Man.


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