Threegold Resources Inc. (TSX Venture:THG ) reported the final results from the 2008 drilling program on the alkaline intrusive complex of the Mercier Project located some 175 to the northeast of Val-d’Or, Quebec. The press release is quoted as saying: Threegold Resources is a dynamic and active Quebec-based junior explorer with a diversified property portfolio. [...]
Merrex Gold Inc. (TSX VENTURE:MXI) reported that IAMGOLD Corporation has exercised all of its outstanding share purchase warrants. The press release is quoted as saying: Merrex holds a 100% interest in an 800 square kilometre land package located in west Mali, Africa. The Siribaya Gold Project is joint exploration project funded by IAMGOLD Corporation, managed [...]
Gold Summit Corporation (TSX VENTURE:GSM) today reported that the company is continuing with its previously announced private placement at $0.20 per unit. The press release is quoted as saying: The Company received aggregate gross proceeds of $381,611, and issued 1,908,058 units pursuant to the closing of the first tranche of the private placement announced on [...]
Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO)today announced results of ongoing drilling of our newly discovered zone of gold mineralization at the Tanjianshan Mine in China. The press release is quoted as saying: Eldorado is a gold producing, exploration and development company actively growing businesses in Brazil, Turkey, China, Greece and the surrounding regions. With our international expertise [...]
Vietnam lifts important ban announced earlier this month and the country’s central bank has granted quotas for the import of 10 tonnes of gold. The news release is quoted as saying: It is reported that the quotas had been granted to eight banks and three gold traders, without specifying names. Click here to access the [...]
On Wednesday, Gold struck a record high for a second time this week. THe precious metal rose above $1,178 an ounce, as the dollar slipped. A newspaper reported that India was “open to buying” more gold from the International Monetary Fund. The news release is quoted as saying: Gold has jumped nearly 13 percent since [...]
Alturas Minerals Corp. (TSX VENTURE:ALT)(BVLAC:ALT)today reported that the company has entered into a letter agreement with Mr. Francisco Schubert, a Chilean individual, to acquire the La Corina copper-gold project, situated 70 kilometers northeast of La Serena in Region IV of northern Chile. The press release is quoted as saying: Alturas is a Canadian corporation, and [...]
On Tuesday, Gold eased as investors booked profits due to the record highs in gold price on Monday. The news release is quoted as saying: Traders said gold may slide to as low as $1,145-$1,150 in a near-term correction, but the market was bound to recover given no change in supportive factors such as the [...]
On Monday, Gold reached a new record high as the dollar sank. On other hand higher commodity prices lifted world equities. The news release is quoted as saying: The main catalyst for gold’s rise has been the falling dollar, which makes the metal more attractive to non-dollar investors and encourages others to hedge. Click here [...]
Galahad Metals Inc (TSX VENTURE:GAX) today announced rapid progress in assessing the company’s newly acquired Quebec gold project in the highly prospective Abitibi Greenstone Belt. The press release is quoted as saying: Galahad has recently acquired a previously proprietary, comprehensive dataset, which includes work that has never been submitted to the Quebec Government as assessment [...]
Get our independent commentary on gold trends and companies delivered to your inbox.
