News

Vancouver — An agreement with several Chinese agencies gives Minco Mining & Metals (MMM-T) the right to earn up to a 51% interest in the Changkeng gold deposit in Guandong province.

Insider trading transactions reported in May 2004 Ontario Securities Commission Bulletin include the following:…

Toronto-based African Gold Group (AGG-V) has kicked off a 10,000-metre program of diamond drilling as part of a US$2.4-million first round of exploration at its 108-sq.-km Mankranho concession in Ghana.

SouthernEra Resources (SUF-T) has been awarded 41 diamond exploration permits covering 13,000 sq. km in the Democratic Republic of Congo (DRC).

Vancouver — A buoyant market for metallurgical coal is making it easy for Western Canadian coal companies to place new mines into production. The list includes the Willow Creek coal mine, scheduled to begin operations later this summer.

Pacific North West Capital (PFN-T) has intersected significant platinum-palladium mineralization in the Varley zone on its River Valley project, 65 km northeast of Sudbury, Ont.

Lundin Group company South Atlantic Ventures (SAA-V) has priced the share offering that will finance its purchase of the Zinkgruvan zinc mine in Sweden from Rio Tinto (RTP-N).

Jilbey Gold Exploration (JLB-V) has received more drill results that are sure to improve the resource at its Bissa property in central Burkina Faso, West Africa.

The latest round of drilling by Pacific Rim Mining (PMU-T) has generated two new discoveries at the wholly owned El Dorado gold project in El Salvador.

Vancouver — Almaden Minerals (AMM-T) has tabled a new resource estimate for its Siwash gold project, near Merritt, B.C.

Vancouver — Drilling is progressing at Inca Pacific‘s (IP-V) Magistral copper-molybdenum project in west-central Peru, following an encouraging technical report.