Kalahari’s agreement with Tundra Gold Mines

Friday, October 30, 2009

Kalahari Resources Inc. (TSX VENTURE:KLA) today announced that the company has entered into agreements with Tundra Gold Mines Limited and Golden Pond Resources Ltd., the joint venture parties on the Lamaque property in Val d’Or, Quebec to consolidate ownership and sanction for more advanced exploration to proceed. The press release is quoted as saying: The [...]

Centerra Gold Inc. Q3 Results

Friday, October 30, 2009

Centerra Gold Inc. (TSX:CG) today announced third quarter net earnings of $20.2 million or $0.09 per common share based on revenues of $158.8 million compared to net earnings of $16.9 million or $0.08 per common share on revenues of $139.4 million in the same quarter of 2008. The press release is quoted as saying: The [...]

Eldorado Gold update on the Efemcukuru project

Friday, October 30, 2009

Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO) updated on the Efemcukuru project located in western Turkey. The press release is quoted as saying: The Efemcukuru project continues to improve in quality and there remains considerable scope for additional growth through continued exploration. Construction on site is progressing in accordance with our projected start up in Q4 2010 Click [...]

Ironwood Gold signed acquisition agreement

Friday, October 30, 2009

Ironwood Gold Corp. (OTCBB: IROG) announced the company has signed an acquisition agreement with Ironwood Mining Corp., and related parties for 100% right, title and interest in and to certain mineral claims known as the Cobalt Canyon Gold Project in Nevada. The press release is quoted as saying: The Cobalt Canyon project is located at [...]

Glen Eagle acquires Gaz Gold mine

Friday, October 30, 2009

Glen Eagle Resources Inc. (TSX VENTURE:GER) today announced the acquisition of the Gaz Gold mine situated in South Africa from Barak Mineral, a privately owned company. Glen Eagle is presently evaluating other projects near production and can clearly state that Gaz Gold is one of many more acquisitions soon to come. The press release is [...]

Gold Summit completes compliant study

Thursday, October 29, 2009

Gold Summit Corporation (TSX VENTURE:GSM) has completed a 43-101 compliant study of the gold resource at the old Tip Top mine, within the Sugarloaf Peak Prospect in Esmeralda County, Nevada. This was acquired by the company in July, 2009. The press release is quoted as saying: The Tip Top Mine mineralized vein has an identified [...]

Astral Mining & Kootenay Gold joint venture

Thursday, October 29, 2009

Astral Mining Corporation (TSX VENTURE:AA)(TSX VENTURE:AA.WT) and joint venture partners Kootenay Gold Inc. (TSX VENTURE:KTN) announced today the companies are finalizing preparation of a bulk sample permit application for the JJ Main discovery zone on the 33,881Ha Jumping Josephine gold project in Southern British Columbia. The press release is quoted as saying: Astral Mining Corporation [...]

Dollar wilts, Gold rises above $1030

Thursday, October 29, 2009

On Thursday, Gold bounced back above $1030 an ounce in Europe. According to dealers, the demand is rising. The news article is quoted as saying: Some physical demand is returning to the market as prices plumb three-week lows, dealers said, helping the metal shrug off a further small outflow from the world’s largest gold-backed exchange-traded [...]

Gold Field update on Rand value

Thursday, October 29, 2009

South Africa’s Gold Fields, the world’s fourth – biggest gold producer declared that there has been a drop in 89 South african cents in its adjusted earnings per share in the first quater. The news article is quoted as saying: Despite a higher dollar price of gold, the company’s revenue fell five percent due to [...]

Verena Minerals proceeds with private placement

Thursday, October 29, 2009

Verena Minerals Corporation(TSX VENTURE:VML) today announced that the company has engaged D & D Securities Company to proceed with a brokered private placement offering, consisting of 25,000,000 units, at a price of $0.20 per Unit, for total gross proceeds of up to Cdn $5 million. D & D Securities Company is the lead agent and [...]

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Asides
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