North Springs Resources Corp. (OTCBB:NSRS,OTC Pink:NSRS) announced the results of gold and silver drilling at the Nevada-based Imperial property.
Dia Bras Exploration Inc. (TSXV:DIB) announced its 2012 exploration plans for the Peru-based Yauricocha property.
The Daily Reckoning reported that gold will not perform the same way it did in 1980.
Mining Weekly reported that Yukon-Nevada (TSX:YNG) is raising funds via a future-sales deal with Deutsche Bank.
Reuters reported that gold prices consolidated as the Greek debt situation boosted the euro.
Antioquia Gold Inc. (TSXV:AGD,OTCQX:AGDXF) announced the new gold prospects were defined during a drilling program at the Colombia-based Cisneros project.
Sharprock Resources Inc. (OTCBB:SHRK) announced an acquisition agreement for a mining license in Russia.
Reuters reported that shares of Nevsun Resources (TSX:NSU) fell on an over-estimate of its reserves in Eritrea.
IBTimes reported that gold prices rallied as the euro rose on a draft Greek bailout deal.
Reuters reported that a study by Credit Suisse and the London Business School showed that volatility in gold prices have weakened the metal's value as an inflation hedge.
Wednesday, February 8, 2012