News

Serengeti acquires Croy from Northgate

Vancouver — A recent agreement with Northgate Minerals (NGX-T) gives Serengeti Resources (SIR-V) the rights to acquire a copper-gold-molybdenum property adjacent…


Pelangio proves up area near former producer

Pelangio Mines (PLG-V) has intersected significant gold on the Detour Lake property in northern Ontario, just west of the past-producing open pit, and a new resource estimate on the…


Venture board grabs modest gain

Gold edged up slightly, off a 15-week low, helping the S&P-TSX Venture Composite Index close up 42.38 points over the period May 24-30, finishing at 1,645.91. Average daily share volume for the ju…


Carpathian gears up for drilling in Romania

Vancouver — Recent reconnaissance mapping and sampling by Carpathian Gold (CPN-V) have outlined numerous drill targets along a large copper-gold soil anomaly at the company’s Oravi…


Bema aims for the big leagues

Vancouver — With one mine in the commissioning stage and two projects at feasibility, Bema Gold (BGO-T) is pushing hard to become a 1 million-oz. producer in the next few years….



Spot Prices Tuesday May 31, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $416.90 -1.35
Silver $7.13 +0.12
Platinum<...


Fire Creek grows

Vancouver — Klondex Mines (KDX-T) has defined more than 500,000 inferred ounces of gold in three zones on its Fire Creek property in Nevada’s Crescent Valley, part of the Battle Mo…



Stillwater posts loss

Vancouver — The Stillwater and East Boulder mines failed to turn a profit for Stillwater Mining (SWC-N) in the first quarter, though they did generate enough revenue to boost the c…




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