2004

U.S. stock markets made a modest gain during the report period Aug. 12-24, with the Dow Jones Industrial Average rising 1.6% to 10,098.63 points and the S&P 500 index up 1.9% at 1,096.19.

The latest diamond drill results from partners International Uranium (IUC-T) and JNR Resources (JNN-V) at the Moore Lake uranium project in Saskatchewan include the best-ever intersection.

Vancouver — A revised plan of operation at PolyMet Mining‘s (POM-V) wholly owned NorthMet project in northeastern Minnesota is entering the permitting stage.

Noranda (NRD-T) is comfortably back in the black with second-quarter earnings of US$107 million, compared with a loss of $10 million for the corresponding quarter of last year.

The Las Cristinas project in southeastern Venezuela is more economically viable than previously believed, according to a revised feasibility study by Crystallex International (KRY-T) and SNC Lavalin Engineers & Constructors.

Vancouver — Copper and gold resources in the southern, open-pit portion of Ivanhoe Mines‘ (IVN-T) Oyu Tolgoi deposit in Mongolia have been upgraded to the measured and indicated category.