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News December 6, 2004

Ivanhoe grows Hugo North (December 06, 2004)

The latest batch of results from step-out drilling on the Hugo North deposit has yielded the best-ever copper-gold intersection for Ivanhoe Mines‘ (IVN-T) Oyu Tolgoi copper-gold project in Mongolia.

Drilling on Aquiline Resources' Calcatreu project in Argentina's Rio Negro province, where indicated resources stand at around 6.2 million tonnes grading 3 grams gold and 28.1 grams silver per tonne.

News December 6, 2004

Aquiline advances Calcatreu project

An independent scoping study has concluded that Aquiline Resources‘ (AQI-V) Calcatreu project in Argentina’s Rio Negro province contains enough gold and silver to warrant mining.

Photo by Pattie BealesPhilippe Cloutier, a consulting geologist with Alexis Minerals, stands in front of the Aurbel mill, which is no longer in operation. Alexis has an option to buy the mill from Aur Resources.

News December 6, 2004

Alexis exploration on track for success

Val d’Or, Que. — Exploration is at a high in the Abitibi district of Quebec, and among the most active companies is Alexis Minerals (AMC-V), which has met with early success in this prolific gold and base metals camp.

News December 6, 2004

Canadian Stock Exchange Indices (December 06, 2004)

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News December 6, 2004

Holiday quiet calms markets

U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…

News December 6, 2004

Manhattan exits Peru

Vancouver — Having had its fill of difficulties in Peru, Manhattan Minerals (MAN-T) is saying adios and selling its portfolio of mineral projects in the country.

News December 6, 2004

Golden wave cause commodities to rise

Continued exuberance in the metals market enabled the junior-mining-dominated S&P-TSX Venture Exchange composite index to close at 1754.39, up an impressive 3.2%, or almost 54 points, during the period Nov. 24-30. Average daily volume over the wee…

News December 6, 2004

Seeing no evil

We’re fortunate to have another example in front of us. At the Chenjiashan coal mine in China’s Shaanxi province, 116 miners are missing and presumed dead, and another 50 are confirmed dead following a methane explosion.

News December 6, 2004

Newmont pollution case thickens

Indonesian courts will decide if personnel from a wholly owned subsidiary of Newmont Mining (NEM-N) are guilty of environmental pollution.

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