TomaGold Corporation (TSXV:LOT) and Quinto Real Capital Corporation (TSXV:QIT) launched a 2,500 metre drilling program on the Monster Lake gold property in Chibougamau, Quebec.
Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold bugs had something to celebrate this week when Thomson Reuters GFMS stated in a report that gold will reach record highs in 2013.
Assets in gold ETFs rose by $24 billion in 2012. No other commodity's ETFs came close to witnessing that type of performance.
The fiscal cliff may have been averted, causing gold to spike, but it's not all good news for the precious metal, which lost ground on Thursday.
Thinking of buying gold? Here are some things you need to know.
The Financial Post reported that Kirkland Lake's stock took a nosedive on Thursday, on the heels of poor quarterly results and a production forecast cut.
Seabridge Gold (TSX:SEA,NYSE:SA) reported 2012 drill results from the KSM gold-copper project and announced plans to invest in a $15 million drill program for 2013 to explore the potential for a very large tonnage of high-grade copper and gold mineralization at the project.
Centerra Gold Inc. (TSX:CG) announced that it has acquired the remaining 30-percent interest in the Öksüt gold project in Turkey from Stratex International plc (LSE:STI).
Yorbeau Resources Inc. (TSX:YRB.A) announced drilling results from the Lake Gamble Zone of its Rouyn Property.
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