Romarco Minerals Inc. has reported that it has acquired more land near to the Halle Gold Mine in South Carolina. The Ridgeway Mine, Haile Gold Mine, Brewer Mine (former producing gold mines) and Buzzard are situated along a SW-NE gold trend known as the Slate Belt of the Carolinas. Diane Garrett, President and CEO commented: [...]
Continue reading "Romarco Minerals gets more land"
Tuesday, September 29, 2009
Results of the drill program on the Valentine Gold Lake property have been announced by Mountain Lake Resources Inc (MOA-TSX). The report suggests that the gold deposit is open to the southwest, which will expand the main resource. It was interpreted that the deposit continued to the southwest beyond the limit of the current resource [...]
Continue reading "Mountain Lake’s drill results"
Tuesday, September 29, 2009
Additional channel sample results with respect to the St. Anthony’s Gold project has been announced by Pacific Iron Ore Corporation (TSX.V: POC). The project has the potential to host gold resources. These results confirm historic grades from the St. Anthony mine area and demonstrate widespread gold mineralization over a large area. In light of the [...]
Continue reading "Pacific Iron Ore provides update"
Tuesday, September 29, 2009
Canadian-based mineral exploration and development company Premier Gold Mines (TSX: PG) has teamed up with Jones, Gable & Company Limited and placed its shares at $3.65. Premier plans to use the gross proceeds from the sale of the shares for exploration programs to be conducted on the Hardrock project, Red Lake projects and PQ North [...]
Continue reading "Premier Gold Mines gets $5.5 million"
Monday, June 15, 2009
Gold and copper explorer KEFI Minerals PLC declared that it has raised £450,000 before expenses through the placing of 36 million shares at 1.25 pence each to fund on-going strategic initiatives and further exploratory work on its highly prospective exploration areas in Turkey and Saudi Arabia where KEFI Minerals is operator of exploration joint ventures. [...]
Continue reading "KEFI Minerals surged 450,000 in Placing"
Thursday, June 4, 2009
Gold output in Australia, the world’s fourth-leading producer, surged 3 percent in the March quarter as output commenced from new mines including OZ Minerals Ltd.’s $961.4 million Prominent Hill operation. For full story, click here
Continue reading "Australia’s quarterly Gold Output surged 3% on new mines"
Friday, May 29, 2009
By Kishori Krishnan Exclusive To Gold Investing News TSX, the main Canadian stock index closed at its highest level in seven months on Thursday, with energy and mining stocks all moving higher in a TSX trifecta that followed encouraging economic reports from the United States. The S&P/TSX financial group rose 2.6 per cent, the energy [...]
Continue reading "Gold Sector Punches Higher"
Monday, May 25, 2009
The Tirumala Tirupati Devasthanams Trust Board has decided to purchase 100 to 150 kg of gold from Minerals and Metals Trading Corporation at an estimated cost of Rs 14 crore under the Ananda Nilaya Anantha Swarnamaya Scheme for gold covering of the outer prakaram of sanctum sanctorum of Lord Venkateswara temple at Tirumala. For full [...]
Continue reading "Tirumala Tirupati will purchase 150 kg gold from MMTC"
Tuesday, May 19, 2009
Paramount Gold and Silver Corp. declared that it has signed a letter of agreement with Mexoro Minerals Ltd. to acquire all its legal and beneficial interest to 12 mining concessions adjacent to Paramount’s San Miguel Project resource areas in Chihuahua, Mexico. Paramount CEO, Christopher Crupi, stated: We are excited about securing the ground immediately surrounding [...]
Continue reading "Paramount Gold signs agreement with Mexoro Minerals"
Friday, May 15, 2009
By Kishori Krishnan Exclusive To Gold Investing News Gold is a safety mechanism and it is also an anti-inflation mechanism - so you get two for the price of one. “Some people will claim there’s no value to it (gold) but so what, it does what it’s supposed to do,” according to Joseph Saluzzi, co-head [...]
Continue reading "Gold Price Toes The Currency Line"
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Tuesday, September 29, 2009