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Through the magic of NGOs

Manhattan Minerals has sold its Peruvian mineral interests for US$600,000 and the assumption of $2.4 million in liabilities. So ends a cautionary tale for explorers and their backers alike.


Trenching at Rubicon Minerals' Pocket Pond showing in Newfoundland earlier this year. It was the first outcrop exposure of gold-bearing quartz veins.

Newfoundland’s gold attracts explorers

St. John’s, Nfld. — Rubicon Minerals (RMX-T) has made several raw gold discoveries in Newfoundland, and the region’s underexplored gold potential is luring the likes of Placer Dome (PDG-T), Iamgold


Seeing no evil

We’re fortunate to have another example in front of us. At the Chenjiashan coal mine in China’s Shaanxi province, 116 miners are missing and presumed dead, and another 50 are confirmed dead following a methane explosion.


Holiday quiet calms markets

U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…


Gold breaks US$450 per oz.

Gold broke through the psychological US$450-per-oz. barrier during the Nov. 24-30 report period, ending near a 16-year high of US$453.40 per oz. in the afternoon in London on Nov. 30. Still, the Toronto Stock Exchange’s gold index suffered a late-…


Apollo takes off

Apollo Gold (APG-T) has intersected significant gold and base metals at its Black Fox project, 8 km east of Matheson, Ont.


OSC head to step down

David Brown will resign as chairman of the Ontario Securities Commission at the end of June 2005.


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