July 5, 2012

SEMAFO announces second quarter gold production of 60,500 ounces

Averaging the gold price for the quarter at $1,615 per ounce, the company saw revenues of $98.4 million. This compares to an averagegold price of $1,519 per ounce for total…

July 5, 2012

Peru detains leader of anti-mining protests then frees him after increased hostility

Peruvian police detained former Roman Catholic priest Marco Arana, the leader of the protests against Newmont Mining, yesterday evening. The situation has only worsened since the government declared a state…

July 5, 2012

The next American gold rush has a destination: Nevada

Visual Capitalist has put together an infographic explaining why the silver state of Nevada seems now to be the home of the largest gold rush ever experienced in US history.

July 5, 2012

China’s gold output could fall 40 tonnes this year

Gold production in the country – the world's top miner of the metal – appears to be slowing and at the current rate output is set to fall below the…

July 5, 2012

China, EU and UK central banks ease. Gold slides. What’s it gonna take?

In short QE3 would great, but no QE3 will be disastrous. Perhaps today's move down is a sign gold traders are beginning to price in disappointment.

July 5, 2012

Argentinian legislation might sink Pan American’s flagship

Pan American Silver is warning its shareholders that if the reform of mining law in Argentina's Chubut Province is approved, the company will have to declare its Navidad Project "uneconomic."

July 5, 2012

Golden Share files NI 43-101 technical report on Berens River, Ontario, Canada

The company highlights its findings of 10.16 g/t Au and 178.20 g/t Ag over 10.50m on the Canadian-based Berens River project.

July 5, 2012

Mundoro Identifies Compelling Drill Target at Its 100% Owned Camargo Property in Mexico

CEO and President of Mundoro, commented, "we have identified a compelling drill target and we are confident the coming months will advance our planned exploration program in Mexico."

July 5, 2012

Silver Mountain Provides Overview of Exploration and Drilling Results from Its Ptarmigan Property, BC

The company highlighted a samples from its from its Ptarmigan property in which grab samples returned grades up to 1,368 g/t Ag, 0.99 g/t Au, 50.87% Pb, 1.42% Zn and…

July 5, 2012

High Desert Gold provides update on drilling at the Gold Springs project

The company highlights finding 26 meters of 1 g/t gold Eq within 81 metres of 0.61 g/t gold Eq.