October 11, 2012

GoldQuest expands mineralization footprint at Romero, Dominican Republic; includes mineralization of 231.6 metres grading 2.04 g/t gold (uncut) and 0.30% copper

GoldQuest expands mineralization footprint at Romero, Dominican Republic; includes mineralization of 231.6 metres grading 2.04 g/t gold (uncut) and 0.30% copper

October 10, 2012

Investors salivating over Aurico payout after it offloads Mexico properties for $750 million

AuRico Gold shot up 21% on Wednesday on massive volumes, after announcing it has offloaded a mine and two exploration projects and sold half of a development in Mexico to…

October 10, 2012

Centerra Gold says independent report proves claims against Kumtor mine groundless

Canadian Centerra Gold (TSX:CG) said Tuesday an independent assessment of a Kyrgyz Republic Parliamentary report backs the company’s view that the report’s allegations against its Kumtor gold mine are unfounded.

October 10, 2012

Lumina Copper not ready for a takeover this year

Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca…

October 10, 2012

Kinross Gold’s CFO leaves, two months after CEO replaced

Only two months after swapping CEOs, Kinross Gold Corporation (TSX: K; NYSE: KGC) has announced its chief financial officer, Paul Barry, is leaving the company “to pursue other interests.”

October 10, 2012

First Majestic produces a record 2.44 million silver equivalent ounces in third quarter

Production at its four operating mines in Mexico increased 36% in the third quarter of 2012, compared to the same period last year.

October 10, 2012

December gold settles 1765.1, up $0.10

December Gold traded both sides of a tight choppy range on Wednesday, to settle one tic above the unchanged level Wednesday.

October 10, 2012

Stronger yuan will cheapen commodities for China: Leeb

Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.

October 10, 2012

Northern Freegold extends the Nucleus gold deposit

Highlighted grade intervals include: 13.20 meters averaging 1.57 g/t Au in hole GRD12-175 from 82.45 meters depth and 11.45 meters averaging 2.12 g/t Au in hole GRD12-178 from 230.10 meters…

October 10, 2012

SEMAFO announces third quarter gold production of 52,300 ounces

The company today announced production totaling 52,300 ounces of gold for the three-month period ended September 30, 2012.