2005

Pele strikes gold zone at Wawa

Pele Mountain Resources (GEM-V) has found significant gold while prospecting at its Highland property, 50 km northeast of Wawa, in Riggs Twp., Ont.



Apollo pours gold at Standard

Vancouver — Denver-based Apollo Gold (APG-T) has poured its first gold-silver dor bar from the Standard mine in northwestern Nevada.







Way cleared for Kensington

Vancouver — The U.S. Forest Service has cleared the way for all other federal and state permitting to begin on Coeur d’Alene Mines‘ (CDE-N) Kensington gold project, 45 miles north of Juneau, Alaska.


Exploration spending on rise

In 2004, Canadian companies spent a total of about US$3.55 billion on nonferrous mineral exploration companies, according to the Metals Economics Group. The estimate is based on an analysis of the exploration budgets of 1,138 companies, using a cu…


Tsunami disaster teaches lesson

Spurred by countless heart-wrenching, as well as heart-warming, stories from the mega-catastrophe generated by the tsunami along the coasts of southern Asia on Dec. 26, many individual Canadians (as well as some concerned mining companies) have re…


TSX stumbles off the blocks

The Toronto Stock Exchange ended 2004 on a sour note, dropping 17.75 points to end at 9,246.65 on Dec. 31. Still, that’s 1,025.8 points, or 12.5%, better than at the end of 2003. The holiday-shortened Dec. 29-to-Jan. 4 report period saw the TSX co…


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