November 14, 2011

Eastern Platinum reports results for the three months ended September 30, 2011

Eastplats recorded earnings attributable to equity shareholders of the Company of $1,364,000 ($0.00 per share) in the quarter ended September 30, 2011 ("Q3 2011") compared to earnings of $4,039,000 ($0.01…

November 14, 2011

Argonaut Gold reports Q3 2011 revenue of $22.7 million net income of $6.0 million; cash flow from operating activities of $7.7 million

TORONTO, ONTARIO--(Marketwire - Nov. 14, 2011) - Argonaut Gold Inc. (TSX:AR) ("Argonaut Gold", "Argonaut" or the "Company") announces financial and operating results for the third quarter ended September 30, 2011.…

November 14, 2011

Archaeologists wanted in Elko, Nevada

NPR profiles Elko Nevada, a town that is located besides Barrick's Goldstrike Mine and doesn't quite believe its good luck. Many residents are still planning for an end to the…

November 14, 2011

Indians switch to bars and coins as festival jewellery sales plummet 25 – 30%

The Economic Times reports gold and diamond jewellery sales across India fell by 25-30% in grammage terms during Diwali due to rising gold prices and a noticeable shift to coins…

November 13, 2011

Time to shine: gold traders most bullish since 2004, ETF holdings close to all-time record

Gold traders and analysts are the most bullish in at least seven years as investors accumulate metal at the fastest pace since August to protect their wealth from a widening…

November 13, 2011

Medusa Mining cuts target for Surigao gold production

Medusa Mining Ltd. has slashed targets for gold production from its site in Surigao del Sur due to construction work and a worker fatality. The Australian miner now expects to…

November 13, 2011

Dia Bras says Chihuahua state rules in its favour

Dia Bras Exploration Inc. (TSX VENTURE:DIB) is pleased to report that it has received a favorable legal ruling on its flagship Mexican property, the Bolivar property of SW Chihuahua.

November 13, 2011

Radioactive sludge seeping from hundreds of Johannesburg mines compared to Chernobyl

Business Times reports thousands of people face evacuation from greater Johannesburg in the Gauteng province – the economic heartland of South Africa – due to toxic sludge from abandoned gold…

November 12, 2011

Nautilus now has $155 million kitty and all its green permits for undersea mine

Nautilus, the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits, announced on Friday it has completed the quarter with a cash balance of $155.1 million,…

November 11, 2011

Crocodile Gold tanks 25% as investors digest falling output and soaring costs

Toronto-based Crocodile Gold Corp swung into a quarterly loss of over $6 million on flat revenues of $30 million and lowered its gold production forecast for 2011 on expectations of…