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News May 17, 2004

Century aims to revive Sigma-Lamaque

Vancouver — A letter agreement sets the stage for Century Mining (CMM-V) to acquire the historic Sigma-Lamaque gold mine complex in the Val d’Or camp of northwestern Quebec.

News May 17, 2004

Kinross to suspend New Britannia

Faced with a diminishing orebody, Kinross Gold (K-T) and joint-venture partner High River Gold Mines (HRG-T) have decided to suspend development at the New Britannia mine in Snow Lake, Man.

News May 17, 2004

New interest in platinum and palladium

Confirmation of the increased interest in platinum and palladium has arrived in the form of the first annual survey by Gold Fields Mineral Services (GFMS), previously known for its work in gold and silver. This follows the entrance of fellow-consu…

News May 17, 2004

Canadian Stock Exchange Indices (May 17, 2004)

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News May 17, 2004

Test mining at Fenelon property (May 17, 2004)

Development began with a blast in early April on the 5213 “E” stope at the Fenelon gold project in northwestern Quebec. International Taurus Resources (ITS-V) and Fairstar Explorations (FFR-T) intend to test-m…

News May 17, 2004

Tambo Grande goes to arbitration

Vancouver — Last year was not kind to Manhattan Minerals (MAN-T). The Vancouver-based junior posted a net loss of US$60.7 million, reflecting a US$59.2-million writedown of the stalled Tambo Grande gold-silver-copper-zinc-lead…

News May 17, 2004

Rocky week for investors

The May 5-11 report period was a rotten one for most shareholders in the U.S., as markets suffered a broad pullback in response to sharp setbacks in Iraq, oil-price shocks, and concerns that the Federal Reserve will finally begin to raise interest…

News May 17, 2004

Sparton set to drill in May

Drilling at the Luxi gold project in southern China is expected to begin shortly, now that a drill has been imported from Canada.

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