2004

Vancouver — The Royal Canadian Mounted Police is investigating two directors of Getty Copper (GTC-V), who are alleged to have participated in a fraudulent business transaction.

London-based Oxus Gold (OXS-L) will stamp its first dividend cheque from the Amantaytau mine in Uzbekistan, which began pouring gold in December 2003.

Vancouver — With the aim of bringing its Cantung tungsten mine in the Yukon back into production, North American Tungsten (NTC-V) is trying to raise up to $7.5 million through a private placement brokered by Union Securities.

Breakwater Resources (BWR-T) has intersected significant base metal and silver mineralization at the Concordia deposit, 3 km northwest of its El Toqui mine in southern Chile.

The U.S. Bureau of Land Management (BLM), part of the Department of the Interior, is receiving bids from eligible companies to mine about 325 million tons of coal on federal land in Wyoming.

There wasn’t much motion in U.S. equity markets over the report period July 28-Aug. 3 as the major indices posted only fractional gains. But the resource sector was way ahead of the broader market, with most mining equities higher.

Afcan Mining (AFK-T) continues to expand the resource at its Jinlonggou gold deposit in the west-central Chinese province of Qinghai.

Comaplex Minerals (CMF-T) continues to expand the gold resource at its 774-sq.-km Meliadine West property, 20 km north of Rankin Inlet, Nunavut.

Vancouver — Mini-bulk sampling at Shore Gold‘s (SGF-V) Star Diamond project, in the Fort la Corne area of Saskatchewan, has yielded a significant number of large diamonds, including a 19.7-carat stone.