2005

Gold sails into horse latitudes

So far, this has been a somewhat nervous year for the gold-mining industry and its investors. Most North American gold stocks have been chopping sideways or declining on shrinking trading volumes sinc…


Spot Prices Tuesday May 17, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $420.35 -6.55
Silver $697 -0.09
Platinum

IFC, IDC fund Kolwezi

Vancouver — The wheels of mine development turn slowly in the Democratic Republic of Congo (DRC), though Adastra Minerals (AAA-T) is showing progress in reviving the Kolwezi tailin…


Surigao holds potential for Panoro

Vancouver — An independent consultant has confirmed that the Surigao project in the Philippines has potential for porphyry-style copper and gold mineralization….


Gold Reserve expands Brisas (May 23, 2005)

A successful round of exploration drilling this year by Gold Reserve (GRZ-T) at its large, low-grade Brisas gold-copper deposit in southeastern Venezuela has added 1.4 million oz. g…


GWR drills Lac La Hache

Vancouver — GWR Resources (GWQ-V) has intersected significant copper mineralization at its Lac La Hache project in south-central British Columbia….


Kyle surrenders stones

A 48-kg sample of diatreme breccia from the Kyle project in northern Ontario has been found to contain 26 diamonds. Metalex Ventures (MTX-V) has a 91.5% stake in the project, with t…


Fipke’s Cantex hits sulphides in Yemen

Vancouver — Cantex Mine Development (CD-V) has intersected encouraging values of disseminated sulphides at its Suwar nickel-copper-cobalt project in Yemen….


VVC revs up Chinese mine

Vancouver — The Chinese government has given the go-ahead to VVC Exploration (VVC-V) to start producing gold at the Xing Tong joint venture in Shaanxi province….


New silver zones at Pitarrilla

Vancouver — The discovery of two new zones of mineralization is expected to boost the resource of Silver Standard Resources‘ (SSO-T) Pitarrilla silver project in Mexico’s Durango s…


Shea Creek drilling resumes (May 23, 2005)

Cogema Resources is returning to the Shea Creek uranium project in the western part of Saskatchewan’s Athabasca Basin with the intention of drilling off a resource….


Milner to talk to Vancouver CIM

The Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum has invited Thomas Milner, chief operating officer of Taseko Mines, to discuss efforts to bring the Gibraltar copper…


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