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News October 25, 2004

Pacific Rim finito at La Calera

Vancouver — Pacific Rim Mining (PMU-T) has terminated its option on the La Calera gold project in El Salvador after most of the 39 holes it drilled this year turned out to be duds.

News October 25, 2004

Mining equities fall to earth

The mining sector took a beating over the report period Oct. 13-19, even as the broader market settled only slightly. The TSX composite index fell 65.33 points to 8,720.53.

News October 25, 2004

Canadian Stock Exchange Indices (October 25, 2004)

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A drill turns on the El Zapote project in northern El Salvador.

News October 25, 2004

SilverCrest expands El Zapote

Vancouver — Drill results indicate higher grades and a likely expansion of the silver-zinc resources at SilverCrest Mines‘ (SVL-V) El Zapote project in northern El Salvador.

Aerial view of the heap-leach facilities near the Pipeline pit at Placer Dome and Rio Tinto's Cortez gold-mining complex in Nevada.

News October 25, 2004

Speculation runs high on Battle Mountain-Cortez trend

Elko, Nev. — The search for gold along the Battle Mountain-Cortez trend in north-central Nevada has been re-energized by the Cortez Hills discovery, a 7.5-million-oz. oxide deposit that is still being drilled off by partners Placer Dome<...

News October 25, 2004

Crowflight to drill Bucko

Crowflight Minerals (CML-V) will try to expand the Bucko deposit in Manitoba, as recommended in an independent technical evaluation.

News October 25, 2004

Copper: Enough already or not enough?

The title of this article is intended to address two questions related to the copper market — questions that reflect two alternative views: Have prices spiked to unsustainable levels? Or are stocks so low that prices shall still be forced higher?

News October 25, 2004

Juniors hang on despite mixed metals prices

TSX Venture Exchange-listed companies were about even as the gold price climbed higher, owing to a weakening U.S. dollar. The S&P-TSX Venture Exchange index was down 25 points during the trading period of Oct. 13-19, compared with the previous wee…

News October 25, 2004

Freeport’s profits shrivel

The period ended Oct. 19 saw the broad market acclerate its decline of the previous week, with the Dow Jones Industrial Index tumbling 179.56 points to 9,897.62 and the S&P 500 index slipping another 18.61 points to 1,103.23.

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