February 24, 2012

Centerra Gold announces $1 billion revenue milestone

Canadian gold company Centerra Gold’s shares were up over 2% this morning as the company reported a $1 billion revenue milestone in 2011.

February 24, 2012

Osisko Mining’s Malartic mine lifts Q4 profit

Helped by a strong performance at its Malartic mine, Osisko reported a C$37.8 million 4Q net profit.

February 23, 2012

Newmont announces record operating cash flow of $3.6 billion and record annual revenue of $10.4 billion in 2011

Record regular dividends paid to shareholders of $494 million, up 100% from 2010, representing a payout ratio of 23% of adjusted net income.

February 23, 2012

San Gold announces $15.0 million private placement

Funds to Advance Rice Lake Exploration Programs

February 23, 2012

Miners saving the silver price?

In another look at the silver market, Will Bancroft takes a look at Eric Sprott’s call to silver miners in November 2011.

February 23, 2012

Is People’s Bank of China really buying one out of every eight ounces of gold?

Adrian Ash at BullionVault picks up the story in the FT that looks at massive gold buying in China over the last quarter of 2011, and the possibility that the…

February 23, 2012

Gold price comes roaring back as Iran sabre-rattling intensifies

Gold's recent move higher to within sight of $1,800 an ounce for the first time since September is tracking that of oil which is trading at a nine-month high on…

February 23, 2012

Coeur d’Alene back in black with $1-billion in metals sales

Coeur d'Alene Mines Corp. broke production and sales records in 2011.

February 23, 2012

Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy…

February 23, 2012

Archean Star Encounters 28 Meters of Mineralization in Hole TB008 at Gnaweeda

Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company" or "Archean") announces multiple gold intersections contained within a 41 meter interval in diamond drill hole TB006 that has recently been completed…