February 17, 2012

Agnico-Eagle Mines Limited: up 6.96% today

But as they say 'One swallow does not make a summer' and this one day bounce does not make up for the recent dismal performance of this stock.

February 17, 2012

Loncor Resources Reports Further High Grade Intersections at Its Makapela Prospect in DRC

Loncor Resources Inc. (the "Company" or "Loncor") (TSX VENTURE:LN)(NYSE Amex:LON) is pleased to announce further encouraging drilling results at the Company's Makapela prospect, Ngayu Gold Project, northeastern Democratic Republic of…

February 17, 2012

Agnico-Eagle loses $604 million on Meadowbank writedown

Canadian gold producer Agnico-Eagle Mines reported a $604 million loss in the fourth quarter after writing down its Meadowbank mine in Nunavut, northern Canada.

February 17, 2012

AngloGold reports mine death

Gold miner AngloGold Ashanti has announced the death of an employee in a fall of ground accident at Mponeng mine near Carletonville. The fall of ground, triggered by a seismic…

February 16, 2012

Centerra Gold Kumtor workers returning to work

Centerra Gold Inc. (TSX:CG) announced today that an agreement has been reached with the Kumtor Trade Union and that the unionized employees at Kumtor are returning to work, following a…

February 16, 2012

Condor Resources Inc.: San Martin Drilling Intersects 12.1m of 63.9 g/t Ag and 6.15m of 0.54 g/t Au in Second Drill Hole

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that results of the second and third diamond drill hole at the Company's wholly-owned San Martin project…

February 16, 2012

Will gold cleanse the world from dirty fiat currencies?

On Wednesday, precious metal prices climbed higher as European finance officials considered delaying parts or even all of a second bailout package for Greece.

February 16, 2012

SGM Metals: US mint sells over 6 million US Silver Eagles in January alone

The US Mint kicked off 2012 with a record 6 MILLION+ US Silver Eagles sales.

February 16, 2012

Teras Continues to Expand Gold and Silver Mineralization at Its Cahuilla Project

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): is pleased to announce the receipt of additional assay results from its reverse circulation drill program at the Cahuilla gold-silver project…

February 16, 2012

Goldgroup expands Caballo Blanco indicated mineral resources by 314%

Goldgroup Mining Inc. (TSX: GGA) ("Goldgroup" or "the Company") is pleased to announce the updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate (the "Technical Report") for its flagship…