2005

Penasco expanded

Vancouver — The indicated sulphide resource at the Penasco silver deposit in Mexico’s Zacatecas state has increased by 30%….


PMI busy in Ghana

Vancouver — PMI Ventures (PMV-V) plans to explore 12 gold targets on its 380-sq.-km land package in southeastern Ghana….


Mining companies, NGOs can reconcile: UN advisor

“Profound changes” in the environmental and human-rights movements may signal a major opportunity for the mining industry to change its relationship with non-governmental organizations (NGOS), says a…


Oremex proves up Tejamen project

Vancouver — Oremex Resources (ORM-V) is encouraged by the results of a resource calculation for the 17-sq.-km Tejamen silver project in Durango state, Mexico….


Gold at Rice Lake JV

Vancouver — Partners San Gold Resources (SGR-V) and Gold City Industries (GC-V) have intersected high-grade gold mineralization at the San Gold 3 zone, 6 km east…


European Mnls finances Varvarinskoye

Vancouver — European Minerals (EPM-T) has raised US$80 million in debt financing, underwritten by two banks, for development of the Varvarinksoye copper-gold project in northern Ka…





Spot Prices Tuesday, March 15, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $442.00 +7.15
Silver $7.42 +0.02
Platinum<...


HudBay production shifts to own turf

Annual production of copper and zinc concentrates from the mines of HudBay Minerals (HBM-T) increased in 2004, while the company’s smelter in Flin Flon, Man., produced less metal be…


Jacobina grows under Desert Sun

An updated reserve estimate at the Jacobina gold project in Bahia state, Brazil, has extended the planned mine life by two years….


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