Gold Fields Limited has updated its operational guidance for Q4 F2009. Attributable production for Q4 F2009 is expected to raise by about 4% to approximately 905koz, which is better than the guidance provided on 7 May 2009. For full story, click here
The future of gold in Western Australia is glowing, with gold explorers making up 50 per cent of successful applications for the State Government’s new Co-funded Industry Drilling Program. Mines and Petroleum Minister Norman Moore stated: It is pleasing to see that gold, once the stalwart of WA’s resources industry, is enjoying a resurgence. For [...]
Slam Exploration declared that is open to a joint venture or partnership following the completion of a review of its gold projects in central Canada. For full story, click here
Gold and silver both saw slight losses in Asia on Wednesday and then decent gains in London before they exploded higher early in New York trade to reach as high as $941.30 and $14.10 per ounce respectively. For full story, click here
Chairman Collen Gura declared that Metallon Corp., Zimbabwe’s biggest gold miner, reopened its Shamva Gold and How operations this week after securing $15 million in two separate loans. For full story, click here
Canadian junior gold explorer, Banro Corporation has closed the issuance and sale of 43,479,000 common shares of the Company at a price of CAD2.30 per share for aggregate gross proceeds of CAD100,001,700. For full story, click here
Gold major Harmony Gold was on Friday selected as the preferred bidder for acquiring the mining assets of the provisionally liquidated Pamodzi Gold Free State operation. For full story, click here
They have been protesting the gold mining activity in Bukit Koman, Raub, for some time now and even handed a memorandum on the matter to a deputy minister in the Prime Minister’s Department. For full story, click here
Northern Shield Resources Inc. declared that it has completed an airborne VTEM over its Faint Hope gold project in northeastern Ontario. Northern Shield President and CEO, Ian Bliss, stated: Although we remain focused on our PGE projects, the Homestake-style geochemical signature emanating from the property which covers a large, distinctive target merited further investigation. For [...]
Dynasty Gold Corp. declared that Robert Gallagher, P. Eng., has joined its Board of Directors effective immediately. For full story, click here
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