2004

Vancouver — Pacific Rim (PMU-V) plans to sell its Chilean unit that holds the Andacollo gold mine to Toronto-based MCK Mining ().

Saskatoon-based Cameco (CCO-T) and the National Atomic Co. of Kazakstan plan to spend some US$38 million to bring the Inkai uranium deposit in that country into commercial production in 2007.

Following positive early sampling results, Goldeye Explorations (GGY-V) plans to open an exploration drift on the Sonia gold and silver prospect in central Chile.

Vancouver — Drilling by First Point Minerals (FPX-V) at the Rio Luna property in Nicaragua has intersected a stockwork zone of high-grade gold mineralization near the surface. The 2,000-metre, 15-hole program is testing the Bal…

With assay results in hand from an additional 21 holes, Imperial Metals () is expected to release an updated reserve and resource statement for its wholly owned Mount Polley copper-gold project in central British Columbia.

Dublin-based Minmet intends to spin off its assets in the Dominican Republic for flotation on the TSX Venture Exchange via a reverse-takeover by Ontario-based Wellington Cove Explorations.

What a difference a year can make, especially for those involved in the mining and exploration business. In 2002, commodity prices were languishing and the treasuries of most companies were dwindling. These factors combined to stall exploration on…

Vancouver-based Kimber Resources () has revised its resource estimate for the Carmen deposit on the past-producing Monterde property in Mexico’s Chihuahua state.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 6 (change from March 30 in brackets):…

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

Vancouver — NovaGold Resources () intends to acquire the shares of SpectrumGold (SGX-T) that it does not already hold.