2004

The decline at the Clavos project, east of Timmins, Ont., being driven by Dumas Contracting for owner St Andrew Goldfields (SAS-T), has reached the 200-metre level.

A property deal with a private vendor has given Osisko Exploration (OSK-V) an option on the Canadian Malartic property, 25 km west of Val d’Or, Que.

A prefeasibility study of the Ho Gan gold deposit in central Vietnam has concluded that small-scale production could be profitable.

Vancouver — Following a positive preliminary assessment, Northern Dynasty Minerals‘ (NDM-V) intends to advance its Pebble gold-copper-molybdenum project in southwestern Alaska to the feasibility stage.

Shares in Southern Cross Resources (SXR-T) plummeted as much as 25, or 30%, to a 52-week low of 58 in early trading in Toronto on Nov. 1 after the company said increased capital costs would force it to delay development of the…

Vancouver — NovaGold Resources (NG-T) has intersected significant copper, gold and silver mineralization during an 8-hole, 2,700-metre drill program at the Galore Creek project in northwestern British Columbia.

Vancouver — Placer Dome (PDG-T) earned US$148 million (or 36 per share) in the third quarter, up substantially from US$27 million (6 per share) in the corresponding period of 2003. Tax gains contributed to the improvement.