Eagle Hill Exploration Corporation (TSXV:EAG) has closed its financing with SIDEX Limited Partnership, La Société de Développement de la Baie-James and Cree Mineral Exploration Board for gross proceeds of $300,020.
Orsa Ventures Corp.(TSXV:ORN) announced the appointment of a new director. Mr. Michael Attaway will join the Company’s board.
Ethos Gold Corp. (TSXV:ECC) announced that it has started drilling at the Yukon-based Betty Gold property.
Orezone Gold Corp. (TSX:ORE) announced that the sale of the Burkina Faso-based Sega gold project to Cluff Gold (LSE:CLF) is now complete.
Globe and Mail reported that new economic policies in Argentina could make it more difficult for gold and silver mining operations more to succeed.
Bloomberg reported that Harmony Gold (NYSE:HMY) said it is looking for alternative ways to secure electricity supply for its mine in South Africa.
MarketWatch reported that the price of gold dropped as the US dollar rose over concerns about the Greek debt crisis.
San Marco Resources Inc.(TSXV:SMN) announced phase one drill results from its 100% optioned Los Carlos property. The program drilled a total of seven holes and results confirmed gold and silver mineralization.
Goldgroup Mining Inc.(TSX:GGA) announced that the Ministry of Environment returned its Change of Soil Use permit for the Caballo Blanco project. The Ministry has requested that the Company provide further details on various aspects of the property before it will be approved.
Last week gold fell and then rose. But, for the sake of preserving momentum, further gains are needed.
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