News


Canadian Stock Exchange Indices (February 07, 2005)

Date Feb. 1 Jan. 31 Jan. 28 Jan. 27 Jan. 26 High Low
TSX Composite 9270.13 9204.05 9141….




Maple inks uranium deal (February 07, 2005)

A takeover agreement between Maple Minerals (MPM-V) and privately owned Uranium Minerals Ventures will bring an option on the Ben Lomond uranium deposit in Queensland, Australia, in…


Rio Tinto opens Murowa diamond mine

With its small size and risky location, Murowa won’t be making the cover of Rio Tinto‘s (RTP-N) annual report any time soon, but the company’s third and newest diamond mine has quie…


Grand Cache Coal aims to expand Smoky River

Vancouver — Despite some startup and transportation problems, Grand Cache Coal (GCE-T) is forging ahead with a feasibility study to expand operations at its Smoky River coal mine i…


Mining stocks rise despite slipping gold price

The week of Jan. 26-Feb. 1 saw the price of gold fall $3.60, to US$420.90 per oz., where it closed in the afternoon in London. The gold index was down as well, falling 1.8 points to close at 196.43. T…



Palladon targets Utah project

Vancouver — Geophysical programs have provided Palladon Ventures (PLL-V) with new exploration targets at the Western Utah copper project, near Milford….


Juniors ride out gold’s continued malaise

Exploration companies listed on the TSX Venture Exchange endured choppy gold prices during the Jan. 26-Feb. 1 report period, finishing little-changed from a week earlier. The S&P-TSX Venture Compo…


A drill tests Pacific Rim Mining's South Minita gold discovery, part of the company's flagship El Dorado project in El Salvador.

Study calls for mining at Minita

Vancouver — A prefeasibility study by Pacific Rim Mining (PMU-T) envisages low operating costs and a 16.9% pretax internal rate of return for the El Dorado project in El Salvador….


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