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…

February 16, 2012

Barrick Gold’s profit growth lower than expected

Barrick Gold Corp. (TSX:ABX), the world’s biggest gold miner, announced that profit slipped in the fourth quarter as the company booked US$153-million in various after-tax charges tied to redundant power…

February 16, 2012

Despite losses, Kinross hikes dividend by a third

Kinross Gold (TSX:K) lost $2.78 billion in the fourth quarter, having been forced to writedown the value of its Tasiast project in Africa.

February 16, 2012

Crane logistics group gets A$100 million Olympic Dam contract

Boom Logistics, Australia's leading provider of crane logistics and related industrial services, has confirmed that following a competitive tender process, it has secured a five year contract to supply crane…

February 16, 2012

Gold, silver heading up: Roger Wiegand

Roger Wiegand, editor of Trader Tracks, says cycles will bring gold and silver higher in the first half of 2012: gold up to $2,050/oz and silver up to $44/oz or…

February 15, 2012

Takeovers the Path to Golden Returns: Sascha Opel

Sascha Opel, publisher of one of Germany’s most popular commodity newsletters, looks at the economy with rose-colored glasses. He sees the end […]

February 15, 2012

Doug Casey: Is a US-Iran War Inevitable?

US-Iranian saber-rattling or impending shoot-out?

February 15, 2012

Goldcorp achieves record revenues and cash flow; gold reserves increase for eighth consecutive year

Goldcorp reported fourth quarter gold production of 687,900 ounces at a total cash cost of $261 per ounce, leading to record revenues of $1.5 billion and operating cash flows before…

February 15, 2012

High Desert Gold Corporation increases the size of its current financing to $4.7 million

High Desert Gold Corporation (TSX VENTURE:HDG)(OTCQX:HDGCF) ("HDG" or the "Company") is pleased to report that HDG and Haywood Securities Inc. have agreed to increase the size of HDG's previously announced…

February 15, 2012

Lake Shore Gold Confirms Large-Scale Resource for Timmins West Mine

Lake Shore Gold Corp. today announced an updated National Instrument ("NI") 43-101 resource estimate for the Company's Timmins West Mine which is located in Timmins, Ontario. The Timmins West Mine…