News


Petaquilla Minerals geologist David Nowak examines a pit on the NW zone at the Molejon gold project in Panama.

Petaquilla advances Molejon

Vancouver — Petaquilla Minerals (PTQ-T) is expected to step up development of the Molejon gold project, near its large copper deposit in north-central Panama….



Canyon looks at Hycroft

Vancouver — With the Briggs mine eking out its last remaining ounces of gold, Canyon Resources (CAU-A) has begun a due-diligence review of the dormant Hycroft mine, near Winnemucca…



Fipke’s Cantex hits sulphides in Yemen

Vancouver — Cantex Mine Development (CD-V) has intersected encouraging values of disseminated sulphides at its Suwar nickel-copper-cobalt project in Yemen….


Kyle surrenders stones

A 48-kg sample of diatreme breccia from the Kyle project in northern Ontario has been found to contain 26 diamonds. Metalex Ventures (MTX-V) has a 91.5% stake in the project, with t…


Surigao holds potential for Panoro

Vancouver — An independent consultant has confirmed that the Surigao project in the Philippines has potential for porphyry-style copper and gold mineralization….


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…


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

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…


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