Vista Gold Corp. Announces Year-End Financial Results "Vista Gold Corp. ("Vista" or the "Company") (Amex: VGZ; TSX) announced today its financial results for the year ended December 31, 2009, as filed on March 16, 2010 with the U.S. Securities and Exchange Commission and Canadian regulatory authorities in Vista's Annual Report on Form 10-K. Our 2009 consolidated net loss was US$2.0 million or US$0.05 per share compared to the 2008 consolidated net loss of US$10.0 million or US$0.29 per share for a decrease of US$8.0 million." More | March 16
International Tower Hill Mines Ltd. Announces CAD 30,000,000 Non-Brokered Equity Financing "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH - News)(AMEX:THM - News)(Frankfurt:IW9 - News) is pleased to announce a proposed non-brokered financing of up to 5,000,000 common shares of the Company at a price of CAD 6.00 per common share (the "Offering") in the United States and Canada. The Company will pay a 6% finder's fee payable in cash and/or common shares on a portion of the Offering." More | March 16
Barrick halts big Tanzania gold mine after accident "African Barrick Gold (ABG) suspended production at its Bulyanhulu mine in Tanzania on Tuesday while it worked to rescue miners trapped by a fall of ground, the company said." More | March 16
Pacific Rim Mining Announces Fiscal 2010 Third Quarter Results "For the three month period ended January 31, 2010, Pacific Rim recorded a loss for the period after discontinued operations of $(1.0) million or $(0.01) per share, compared to a loss of $(0.4) million or $(0.00) per share for the three month period ended January 31, 2009. During Q3 2009, the Company realized $1.2 million in net income from discontinued operations, which substantially offset the loss from continuing operations during that period and for which there was no comparable value during Q3 2010." More | March 16
Kinross Announces Definitive Agreement to Acquire Underworld Resources "Kinross Gold Corporation (TSX:K - News)(NYSE:KGC - News) announced today that, further to Kinross' press release dated March 11, 2010, it has entered into a support agreement with Underworld Resources Inc. ("Underworld") (TSX-V:UW - News). Pursuant to the agreement, Kinross will offer to acquire 100% of the outstanding common shares of Underworld (the "Common Shares"), other than the 8.5% of the Common Shares already owned by Kinross (on a fully-diluted basis), by way of a friendly take-over bid on the basis of 0.141 of a Kinross common share plus $0.01 in cash per Common Share, and Underworld has agreed to support the offer." More | March 16
Exeter shareholders approve spin-out to create two independent companies "Exeter Resource Corporation (NYSE-AMEX: XRA, TSX: XRC, and Frankfurt: EXB) ("Exeter" or the "Company") is pleased to announce that its shareholders have voted 40,826,546 (99.83%) in favour of approving the spin-out of its Argentine assets into Extorre Gold Mines Limited ("Extorre") by plan of arrangement (the "Arrangement") and that a final order approving the Arrangement was granted by the Supreme Court of British Columbia on March 12, 2010." More | March 15
Capital Gold Corporation Reports 6-Month Revenue Up 21% Over Prior Period "The financial information for the three and six months ending January 31, 2009, has been recast so that the basis of presentation is consistent with that of the financial information for the three and six months ending January 31, 2010. This recast reflects a 1-for-4 reverse stock split of the Company's common stock that became effective on January 25, 2010." More | March 15
Independent Review Confirms Resource Estimates for Seabridge Gold's KSM Project "A third-party, independent review of Seabridge Gold's resource estimates for the KSM project has been completed by Behre Dolbear & Company, a leading international mining consulting firm. Based on their analysis, Behre Dolbear confirms that the KSM resource model is reasonable and appropriate. Furthermore, Behre Dolbear confirms that the resource estimates prepared by Resource Modeling Inc. ("RMI") and dated January 2010 are accurate, conform to industry practices and comply with the standards set out in National Instrument 43-101. In their review, Behre Dolbear considered alternate resource estimation procedures and parameters and concluded that any resulting differences in resource estimates and classifications are not significant, and that RMI's project-wide estimation of measured and indicated resources is conservative." More | March 15
Kirkland Lake Gold Inc.: Operations Update & Financial Results Q3 Fiscal 2010 "The mine has returned to a normal mining state, with twenty working stopes available and eight of these in the higher grade SMC area. We expect to produce and pour between 45,000 and 55,000 ounces in Fiscal 2010, despite the equivalent of a five month production interruption. In Fiscal 2011, we expect to produce and pour between 90,000 and 100,000 ounces, and will continue with our second phase of mine development aimed at increasing production to between 180,000 and 200,000 ounces yearly before Fiscal 2013." More | March 15
Allied Nevada Reports 2009 Net Income of $8.5 Million or $0.13 Per Share "Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV - News)(AMEX:ANV - News) is pleased to report its financial results for the three months and year ended December 31, 2009, along with confirmation of its previously reported operating results and a reiteration of its 2010 Outlook." More | March 11
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Gold Company News
Saturday, March 25th: Bob Chapman, International Forecaster 
