December 13, 2012

China playing a major role in global silver market

China's role in the global silver market has dramatically changed over the past decade. Once a small player in the global market, China today is the world's leading market for…

December 13, 2012

Poor ore quality hampers Cobar’s silver production target

Cobar Consolidated Resources (ASX:CCU) has fallen short of its target to produce 2.5 million ounces of silver by the start of this month.

December 13, 2012

IMF report vindicates claims of gold market manipulation by central banks: Powell

"This is as authoritative (an admission) as we are likely ever going to get that central banks are actively involved, in secret, in the gold market"

December 13, 2012

Kaminak reports maiden inferred mineral resource estimate of 3,236,000 ounces of gold at the Coffee Project, Yukon

64 million tonnes grading at 1.56 g/t Au for 3,236,000 ounces of gold at a base case cut-off of 0.5g/t Au for Oxide and Transitional material and a 1g/t Au…

December 13, 2012

Golden Tag: New discovery adds bulk mining potential to emerging major silver-lead-zinc property at San Diego, Durango State, Mexico

Five new drill holes previously reported in 2012. All holes, for a 100% hit ratio, have intersected significant widths of silver-lead-zinc mineralization.

December 13, 2012

Cerro Resources and Primero Mining $119 million merger progressing Cerro Del Gallo and forming new explorer

The merger is aimed at progressing the planned Cerro del Gallo gold/silver heap leach mine in Mexico.

December 13, 2012

Almaden discovers new area of mineralisation at Tuligtic, Mexico 2.4 km to southwest from Ixtaca zone, hits 7.00 m of 0.7 g/t gold

One of the holes intersected significant mineralisation including 2.00 meters of 1.76 g/t gold.

December 13, 2012

Falcon Gold announces commencement drilling on the Burton property and financing engagement

Historical diamond drill intercepts at the Burton Property include 9.34 g/t over an intersection length of 7.75 meters.

December 13, 2012

Eldorado Gold announces closing of $600 million senior notes offering

Eldorado is a gold producing, exploration and development company actively growing businesses in Turkey, China, Brazil, Greece and Romania.

December 13, 2012

Golden Star Resources appoints Sam Coetzer as CEO and announces relocation of headquarters to Toronto

The company announced several senior management changes and the impending move of the Company's headquarters from Denver to Toronto.