March 2, 2012

New Gold reached record 212% increase in net earnings last year

A record of 212% increase in net earnings in 2011, as well as record annual gold production of 387,155 ounces, reported gold miner New Gold (TSX and NYSE AMEX:NGD).

March 2, 2012

Colombian Mines Strikes $15.5 Million Agreement With Strategic Investor At Yarumalito

Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines" or "the Company") is pleased to announce that, subject to regulatory approval, Teck Resources Limited ("Teck") and the Company have entered into an…

March 2, 2012

Northern BC property hosts a billion pounds of copper

Consolidated Woodjam Copper, a tiny Canadian junior worth some $16 million on the Toronto exchange, rocketed 12.3% Thursday on news of a stellar initial resource estimate on the Woodjam property…

March 1, 2012

Oyu Tolgoi sucks up cash and Ivanhoe must sell off assets. Investors chase stock up 5% betting on rich buyers

After steady gains throughout the day Ivanhoe Mines – building one of the richest copper and gold mines in the world – ended Thursday up 5.47% after CEO and founder…

March 1, 2012

New Gold announces record financial results in 2011 with 212% increase in earnings and 23% increase in net cash generated from operations

New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces financial and operational results for the fourth quarter and year ended 2011, with record annual earnings and cash flow.…

March 1, 2012

Is Gold Backwardation now permanent?

Worldwide, an incredible tower of debt has been under construction since President Nixon's 1971 default on the gold obligations of the US government.

March 1, 2012

Quality Gold Juniors poised to soar: Lawrence Roulston

After a tough 2011, the junior resource market is turning and things are definitely looking up, Resource Opportunities Publisher Lawrence Roulston tells us in this exclusive interview with The Gold…

March 1, 2012

Silver – is the party over?

A couple of weeks ago, we compared the Bull market of Silver to the Nasdaq Bubble…

March 1, 2012

Shore Gold shares drop as diamond mine deal falls through

Canadian Shore Gold (TSX:SGF) shares fell dramatically Thursday after the Saskatoon-based company announced it had failed to secure a deal to fund their Star-Orion South diamond project near Prince Albert.

March 1, 2012

Russia’s Polymetal eyes mines in former Soviet states

CEO Vitaly Nesis said Thursday the company is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, adding that activities in Finland were also of interest.