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News May 23, 2005

PEOPLE (May 23, 2005)

Aquiline — Jorge Valvano appointed general manager of subsidiary Aquiline Argentina; John Chulick appointed exploration manager for the Calcatreu gold project in Argentina….

News May 23, 2005

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….

News May 23, 2005

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…

The refurbished mill at the Jacobina mine is getting 97% recovery from ore in early production.

News May 23, 2005

Jacobina returns to production by going big

Jacobina, Brazil — In the Candombl beliefs of Bahia, the goddess Nan represents both death and rebirth. It’s unlikely she handled the fate of the Jacobina mine personally, since Jacobina’s rebirth,…

News May 23, 2005

Lonmin funds exploration at Union Bay

Vancouver — The world’s third-largest producer of platinum group metals will fund a third season of exploration at the Union Bay platinum project, 35 miles north of Ketchikan, Alaska….

News May 23, 2005

SilverCrest loses appeal in Honduras

Vancouver — SilverCrest Mines (SVL-V) has lost an appeal to reverse the cancellation of the El Ingenio exploration concession in Honduras, though the company still hopes to recoup…

News May 23, 2005

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

News May 23, 2005

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…

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