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 [...]
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. [...]
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
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 [...]
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 [...]
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 [...]
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 [...]
Overview Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata [...]
Sierra Minerals Inc. announced that it has received the results of its initial National Instrument 43-101 compliant, independent mineral resource estimate completed by Caracle Creek International Consulting Inc. Michael Farrant, President and CEO of Sierra, stated: We are extremely pleased to finally have an independent NI 43-101 compliant estimate of our mineral resources around which [...]
Manicouagan Minerals Inc. revealed that that it has entered into an agreement with Trillium North Minerals Ltd. pursuant to which it can earn up to a seventy percent interest in three gold exploration properties in the Pickle Lake Area, Ontario. For full story, click here
Get our independent commentary on gold trends and companies delivered to your inbox.
