News

APAC cuts gold at Nibao

Vancouver — APAC Minerals (APC-V) has intersected a new gold-bearing zone at its Nibao project in southwestern China.


Mano River lures BHP into Sierra Leone

Vancouver — Mano River Resources (MNO-V) has signed an agreement with BHP Billiton (BHP-N) to explore for diamonds on the former’s 9,700-sq.-km prospecting licence in southeastern Sierra Leone.


Aurizon discovers gold

Vancouver — Drilling by Aurizon Mines (ARZ-T) at its Casa Berardi project in northwestern Quebec has returned high gold values beyond the known limits of zone 113.





Magistral moves toward feasibility

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



Canadian Stock Exchange Indices (May 31, 2004)


Higher costs at Kisladag

Costs at Eldorado Gold‘s (ELD-T) Kisladag project in western Turkey are being hampered by the effects of value-added tax (VAT).


New Britannia drags down High River Gold

High River Gold (HRG-T) incurred a $17 million loss for 2003, most ($14 million) of which is attributed to a writedown on the company’s share of the New Britannia mine in Manitoba. The mine is slated for closure later this year.



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