News

Exchange Rates (March 15, 2004)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 9March 8March 5March 4March 3US$ in C$1.31901.32291.31861.3…


Gold recovers as uranium miners heat up

The Toronto Stock Exchange’s gold index rode a climbing gold price 8.34 points higher to finish at 218.13 points during the March 3-9 report period. The yellow metal regained lost ground, and then som…


Drill results excite junior market

It was a good five trading days for the venture capital market, as the S&P TSX Venture composite index finished the reporting period March 3-9 with a 25.81-point gain, closing at 1,924.90.Intrepid Min…


Chinese foil industry

Enormous investment in the Chinese aluminum foil industry could change the face of the global foil market for many years to come. Chinese demand is forecast to grow by 11.1% per year from 2004 through…


Inca Pacific goes it alone at Magistral

As a result of paying US$2.1 million to a former partner, Inca Pacific Resources (IP-V) is now sole owner of the Magistral copper-molybdenum project in Ancash, Peru.The Vancouver-based junior intends …


Study recommends more drilling for Pan

A preliminary scoping study has provided Castleworth Ventures (WTH-V) with a blueprint for continued advancement of its Pan gold project in Nevada’s White Pine Cty.President John Watson says the compa…





Boroo hits its stride

Cameco’s (CCO-T) 53.2%-owned Boroo gold mine, 110 km northwest of Mongolia’s capital city, Ulaanbaatar, has begun c…




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