Avoca Resources struck gold deal in WA

Sunday, May 31, 2009

Avoca Resources has posted record results at its Trident gold mine in Western Australia. The mine, located 130km south of Kalgoorlie, has produced 18,140 oz of gold from 96,666t of ore over the past four weeks. For full story, click here

Columbus Gold Subsidiary has released unreported drilling results

Sunday, May 31, 2009

Columbus Gold Corporation announced that its 35.7% held subsidiary Columbus Silver Corporation  has released previously unreported significant drilling results following its review of drilling data from its 100% controlled Mogollon silver-gold project, Catron County, New Mexico. For full story, click here

Omico Corp. and Ivanhoe commenced Benguet Exploration

Sunday, May 31, 2009

Omico Corp. and partner Ivanhoe Philippines Inc., a wholly-owned unit of Ivanhoe Mines Ltd. of Canada began exploration work on gold prospect areas in Baguio City and Benguet. For full story, click here

India has discovered gold deposits in over 100 places

Sunday, May 31, 2009

A top Indian mining expert declared the Geological Survey of India has identified gold deposits in over 100 places across the country. For full story, click here

Gold may be shining light in resources slump

Sunday, May 31, 2009

It has become the best of times for the Australian gold sector. After being on the skids for 12 years, output is set rebound in response to the rise in gold prices to a record quarterly average of $A1371 an ounce in the March quarter. For full story, click here

Newcrest Mining surged 2.4 percent

Sunday, May 31, 2009

Newcrest Mining Ltd., Australia’s leading gold producer, surged 2.4 percent to A$33.74, the highest since March 20. For full story, click here

India Gold Futures have Reversed Losses

Sunday, May 31, 2009

India gold has reversed early losses on Monday, following overseas markets, where a weak dollar and concerns about government spending to rescue their economies buoyed the yellow metal. Debjyoti Chatterjee, an associate vice-president with ADMISI Commodities, stated: A weakening dollar and rising crude along with speculative interest is driving gold prices higher. For full story, [...]

Kinross spends $10m on Fort Knox Expansion

Friday, May 29, 2009

The Alaska Journal of Commerce reports on Kinross Gold’s (TSE:K) plans for exploration and expansion at it’s Fort Knox gold mine in Alaska. Included in the plans is 16,000 feet of drilling at the Gil prospect joint owned with Teryl Resources (CVE:TRC). Arne Bakke, chief exploration geologist at Fort Knox is quoted saying: We’re evaluating other [...]

Gold Sector Punches Higher

Friday, May 29, 2009

By Kishori Krishnan Exclusive To Gold Investing News TSX, the main Canadian stock index closed at its highest level in seven months on Thursday, with energy and mining stocks all moving higher in a TSX trifecta that followed encouraging economic reports from the United States. The S&P/TSX financial group rose 2.6 per cent, the energy [...]

Victoria Gold has got shareholders nod on SGV deal

Thursday, May 28, 2009

Victoria Gold Corp. declared that majority of shareholders viz. 95.97% have approved the acquisition of Strata Gold Corp.  by the former in recently held shareholder meeting in Vancouver. For full story, click here

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