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News August 2, 2004

Expanding resources at Dona Loretta

Globestar Mining (GMI-V) and Everton Resources (EVR-V) have intersected significant copper while drilling in the Bayaguana joint-venture area, northeast of Santo Domingo in the Dominican Republic.

News August 2, 2004

KEGS Foundation awards 7 scholarships

The directors of the KEGS Foundation, an offshoot of the Canadian Exploration Geophysicists Society, have awarded scholarships to seven undergraduate students in geophysics at four Canadian universities.

News August 2, 2004

Canadian Stock Exchange Indices (August 02, 2004)

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News August 2, 2004

Mining stocks weaken

U.S. stock markets edged lower in the reporting period July 21-27, and for the most part mining equities — in both precious and base metals — edged along with them. The Dow Jones Industrial Average was off 0.6%, falling 63.93 points to 10,085.14…

News August 2, 2004

Bema lands Kupol loan

Vancouver — A US$60-million loan by a major German bank is encouraging Bema Gold (BGO-T) to develop the Kupol gold-silver project in northeastern Russia. The loan should ease investors’ concerns over jurisdictional issues surro…

News August 2, 2004

Drilling by Stikine hits ‘marker’ horizon

Vancouver — Deep drilling by Stikine Gold (SKY-V) at its Sullivan Deeps project, 4 km north of the Sullivan lead-zinc mine in southeastern British Columbia, has intersected an important geological “marker” horizon.

News August 2, 2004

Lax safety standards cause death: report

A report from the U.S. Mine Safety and Health Administration says sloppy safety practices contributed to the death of Gary Keeton, 57, at the No. 7 coal mine in Brookwood, Ala. The mine is operated by Jim Walter Resources, a subsidiary of Tampa, F…

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