Terrane Expands Gold Reserve to Six Million Ounces -
"Robert Pease, President and CEO of Terrane Metals Corp. ("Terrane" or the "Company") (TSX-V:TRX - News) is pleased to announce results of the Feasibility Update Study (the "2009 Study") for the Company's 100%-owned Mt. Milligan Copper-Gold Project (the "Project"), British Columbia, Canada." More
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Top News
Gold price lifts Harmony's Q2 earnings, output down
"Harmony Gold Mining Co. (HARJ.J) second quarter earnings were lifted by a rise in the price of gold and declining costs despite a drop in production, the South Africa-based company said on Monday.
Harmony posted headline earnings per share of 49 South African cents in the quarter to December versus a loss of 12 cents in the preceding quarter, after the gold price averaged $1,100, up 14 percent on the September quarter." More
Silvercorp Reports Net Income of $12.4 Million and Cash Flow of $15.9 Million in Third Quarter -
"Sales revenue for the third quarter was $31.3 million, a 106% increase from $15.2 million in the same quarter last year. The increase is due to the partial recovery of commodity prices and an increase in production. For the quarter, a record of 1.22 million ounces of silver, 16.2 million pounds lead and 4.5 million pounds zinc were produced, representing increases of 12%, 10% and 50%, respectively, over the same quarter last year." More
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Randgold Resources Final Dividend for 2009 - Election for Sterling Dividend -
"Randgold Resources Limited has declared an annual dividend for the year ended 31 December 2009 of US$0.17 per share. The dividend payment will be made on 18 March 2010 to shareholders on the register on 26 February 2010. The ex-dividend date will be 24 February 2010." More
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Gold price lifts Harmony's Q2 earnings, output down -
"Harmony Gold Mining Co. (HARJ.J) second quarter earnings were lifted by a rise in the price of gold and declining costs despite a drop in production, the South Africa-based company said on Monday.
Harmony posted headline earnings per share of 49 South African cents in the quarter to December versus a loss of 12 cents in the preceding quarter, after the gold price averaged $1,100, up 14 percent on the September quarter." More
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Chile OKs Barrick to up Zaldivar mine extraction -
"Barrick Gold (ABX.TO) said Tuesday that Chilean authorities had approved an environmental impact study that clears the way to expand extraction at its northern Zaldivar copper deposit by nearly 20 percent." More
- February 09 | Item |
Allied Nevada Provides Preliminary 2009 Operating Results and 2010 Outlook -
"Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV - News)(AMEX:ANV - News) is pleased to announce preliminary operating results for the year ended December 31, 2009 and an outlook for 2010. Cost of sales per ounce of gold sold(1) is expected to be approximately $385 for the fourth quarter of 2009 with full year costs expected to be approximately $392 per ounce, better than the full-year guidance of $460-$480 per ounce previously reported." More
- February 09 | Item |
Northgate Minerals Receives Board Approval for Development of the Young-Davidson Mine -
"Northgate Minerals Corporation ("Northgate") (TSX: NGX, NYSE Amex: NXG) is pleased to announce that its Board of Directors has given formal approval to proceed with development of the Young-Davidson mine near the town of Matachewan, Ontario." More
- February 08 | Item |
Capital Gold Corporation Reports Preliminary Production Results for Second Fiscal Quarter -
"Capital Gold Corporation (NYSE Amex: CGC; TSX: CGC) is pleased to announce preliminary production results for its second fiscal quarter of 2010 (ended January 31, 2010) at its 100% owned and operated El Chanate mine in Sonora, Mexico." More
- February 08 | Item |
Randgold Resources - Profit, Production and Reserves Soar in Record Year -
"Randgold Resources (LSE:RRS - News) (NASDAQ:GOLD - News) crowned a year in which it expanded its flagship Loulo operation, progressed the development of a new mine at Tongon, advanced two major new discoveries and completed the Moto acquisition by posting a 79% year-on-year profit increase on the back of record production at Loulo." More
- February 08 | Item |
Scorpio Announces Results of Shareholder Vote For Platte River Gold Acquisition -
"Scorpio Mining Corporation (TSX: SPM - News; "Scorpio" or the "Company") announces that the extraordinary shareholder meeting held on February 5th, 2010 pertaining to the acquisition of Platte River Gold Inc. and all its assets, including the La Verde Project and its significant polymetallic deposits located near the Company's Nuestra Senora mine in Mexico, has resulted in overwhelming support of the acquisition with 99.75% of the shares represented voted in favour." More
- February 09 | Item |
Goldcorp Secures Key Strategic Asset Near Penasquito With Closing of Canplats Resources Acquisition -
"Goldcorp Inc. (TSX:G - News)(NYSE:GG - News) announced today that the acquisition of Canplats Resources has been completed, securing for Goldcorp the Camino Rojo project near its world-class Penasquito mine." More
- February 04 | Item |
Pan American Completes Compulsory Acquisition of Aquiline -
"Pan American Silver Corp. ("Pan American") (TSX:PAA - News)(NASDAQ:PAAS - News) and Aquiline Resources Inc. ("Aquiline") are pleased to announce that Pan American has completed its previously announced compulsory acquisition of all outstanding common shares of Aquiline not already owned by it pursuant to section 188 of the Business Corporations Act (Ontario)." More
- January 26 | Item |
Silvercorp Reports Net Income of $12.4 Million and Cash Flow of $15.9 Million in Third Quarter -
"Sales revenue for the third quarter was $31.3 million, a 106% increase from $15.2 million in the same quarter last year. The increase is due to the partial recovery of commodity prices and an increase in production. For the quarter, a record of 1.22 million ounces of silver, 16.2 million pounds lead and 4.5 million pounds zinc were produced, representing increases of 12%, 10% and 50%, respectively, over the same quarter last year." More
- February 09 | Item |
Endeavour Silver Acquires Option to Purchase San Sebastian Silver-Gold Properties in Jalisco State, Mexico -
"Endeavour Silver Corp. (TSX:EDR - News)(TSX:EDR.WT - News)(AMEX:EXK - News)(DBFrankfurt: EJD) announces that it has acquired an option to purchase the San Sebastian silver-gold properties in Jalisco State, Mexico from IMMSA (Grupo Mexico), one of the largest mining companies in Mexico." More
- February 09 | Item |
Scorpio Announces Results of Shareholder Vote For Platte River Gold Acquisition -
"Scorpio Mining Corporation (TSX: SPM - News; "Scorpio" or the "Company") announces that the extraordinary shareholder meeting held on February 5th, 2010 pertaining to the acquisition of Platte River Gold Inc. and all its assets, including the La Verde Project and its significant polymetallic deposits located near the Company's Nuestra Senora mine in Mexico, has resulted in overwhelming support of the acquisition with 99.75% of the shares represented voted in favour." More
- February 09 | Item |
DEALTALK-Genuity may fit nicely with Canaccord -
"Canaccord is one of Canada's largest independent brokerages and since its founding in 1950 has built a strong presence in Canada's mining space, particular among juniors and midcaps." More
- February 04 | Item |
S.Africa mines nationalisation not policy-minister -
"Nationalisation of South Africa's mines is not government policy, and is unlikely to be adopted any time soon, Mineral Resources Minister Susan Shabangu said on Tuesday, rejecting calls from the ANC's youth wing." More
- February 02 | Item |
Key Industry Players Gather in South Africa for Mining Indaba 2010 -
"Miners, project developers, mining analysts, fund managers, investment specialists, ministers and governments will reconvene in Cape Town, South Africa from 1-4 February at the 16th annual Investing in African Mining Indaba (www.MiningIndaba.com)." More
- January 26 | Item |
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