News


Expo drilling suggests extensions

The last 14 holes in a drill program at the Expo-Ungava nickel deposit in far northern Quebec indicate possible extensions to the known mineralization….


First Quantum speeds up Kansanshi production

The Kansanshi copper mine in northwestern Zambia will go into production at a higher rate, under a plan unveiled by operator First Quantum Minerals (FM-T), which hopes to capitalize…


Avocet to sell Primary Metals block

Avocet Mining (AVM-L), the London-listed gold producer, has reached an agreement to sell its 49% interest in Vancouver-based Primary Metals (PMI-V)….


Mexgold cuts bonanza grades

Vancouver — New exploration drifts on the Villalpando-Poniente vein have yielded bonanza gold and silver grades from channel sampling some 100 metres from surface on Mexgold Resources


Photo by Pattie BealesMark Cullinan, great-grandson of Sir Thomas Cullinan, holds replicas of the Cullinan diamonds at the Indaba 2005 conferernce

Cullinan turns 100

In November 2003, De Beers announced that its flagship Premier mine in South Africa would be renamed the Cullinan diamond mine in celebration of the mine’s centenary. The mine once yielded the Cullina…


Messina cuts zinc

In step-out drilling on its Boomerang base metal discovery in Newfoundland, Messina Minerals (MMI-V) has intersected significant massive sulphides….



Better times as UME bites a fiscal bullet

Calgary-based Uruguay Mineral Exploration (UME-V), the sole miner in the South American country whose name it bears, is meeting production targets and starting to reduce costs at th…



lonore bigger, better

Drilling by Virginia Gold Mines (VIA-T) is expanding gold mineralization at the lonore property in the Opineca reservoir region of Quebec….


Spot Prices Tuesday, March 1, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $434.65 +3.90
Silver $7.26 -0.29
Platinum<...


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