November 23, 2011

Visible Gold Mines completes $2.87 million private placement

Visible Gold Mines Inc. (TSXV: VGD) (Frankfurt: 3V4) announces closing of its previously-announced private placement by issuing 9,583,333 "flow-through" units at a price of $0.30 per unit, for gross proceeds…

November 23, 2011

Huckleberry minelife extended by 7 years

Imperial Metals (TSE:III) is extending its Huckleberry mine in northern British Columbia by 7 years. The company said it plans to extend the Main zone pit and build a new…

November 23, 2011

Keith Neumeyer: The silver market lacks integrity

The Hera Research Newsletter (HRN) is pleased to present an incredibly powerful interview with Keith Neumeyer, Chief Executive Officer, President and Director of First Majestic Silver Corp. (TSX:FR / NYSE:AG).

November 23, 2011

The case for using Europe’s $590 billion gold reserves in the euro zone bailout

The Globe and Mail reports ever since the euro zone bond markets first started to get the jitters, hedge fund managers have been whispering that gold could play a part…

November 23, 2011

Lake Victoria’s new drill rig to undertake soil sampling programs on projects in Lake Victoria Gold Belt of Tanzania

Lake Victoria Mining has purchased a mobile auger drill rig to provide soil sampling services over "mbuga" covered areas of its gold projects in the Lake Victoria Greenstone Gold Belt…

November 22, 2011

Silver surges 3.5%, gold nudges $1700

After getting clobbered yesterday, gold and silver rallied Tuesday on a stronger commodities market, along with bargain hunting at lower precious metals prices and short covering. Spot silver gained 3.5%…

November 22, 2011

Balmoral Acquires New Neighbour in Detour Gold Belt as Osisko Mining Options Adjacent Property

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE:BAR.V - News) advises its shareholders that Midland Exploration Inc. ("Midland") today announced that is has granted Osisko Mining Corporation ("Osisko") an…

November 22, 2011

Desert Gold Receives Conditional Exchange Approval for Acquisition of TransAfrika Belgique S.A.

Further to its press release of October 5, 2011, Desert Gold Ventures Inc. (TSX-V: DAU) (the "Company" or "Desert Gold") is pleased to announce that the TSX Venture Exchange (the…

November 22, 2011

China changing the global gold market

Larry D. Spears writes: While many investors have been distracted by the goings on in Europe, China has been making a dent in the global gold market by making it…

November 22, 2011

Magma to spin-out its West Australian gold projects

Magma Metals Limited (TSX:MMW)(ASX:MMW) ("Magma" or the "Company") is pleased to advise that it intends to spin-out its West Australian gold projects in a new gold focused exploration company, to…