October 24, 2011

Silvercorp rockets after clean bill from auditors

Silvercorp Metals, China’s biggest silver miner, was changing hands for $9.72 in Toronto on heavy volumes shortly after the open Monday, up almost 19% after a report by the forensic…

October 24, 2011

Dynacor plans 2nd Peru gold-ore processing plant

The company will start building its second gold-ore processing mill in Peru next year and expects the facility to produce about 60,000 gold ounces a year. (Reuters) - Canada's Dynacor…

October 24, 2011

Gold bugs conspiracy theory goes mainstream

Support for the favourite gold bug conspiracy theory – that a cabal of western central bankers is secretly determined to manipulate the world’s markets by rigging gold prices – has…

October 24, 2011

Concordia Resource to buy Swala Resources in 12,400 square kilometre Africa land grab

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia") is pleased to announce that, further to its news release dated September 6, 2011, it has signed an arrangement agreement (the "Agreement") with Swala…

October 24, 2011

Silvercorp Receives Clear Forensic Accountants Report

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 24, 2011) - Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) ("Silvercorp" or the "Company") advises that it has received the report of KPMG Forensic Inc. ("KPMG"), commissioned by…

October 24, 2011

Alacer Gold operations not harmed by Turkish earthquake

Alacer Gold (TSE:ASR) reports no injuries or damage occurred at the Çöpler Gold Project after a 7.2 magnitude earthquake struck the southern part of Turkey. Over 200 people are confirmed…

October 24, 2011

Anaconda’s Pine Cove gold mine completes mill modification program

Anaconda Mining has successfully completed an extensive array of circuit upgrades and regularly scheduled maintenance with minimal downtime at its Pine Cove mill in Newfoundland. Anaconda planned to make modifications to…

October 23, 2011

The next gold rally is coming

When the plunged 20 percent last month, many market watchers declared the gold boom over. Stalled, yes; ended, no, according to many gold analysts, who believe the precious metal may…

October 23, 2011

Trade union leaders dispute deal with AngloGold Ashanti

SUSPENDED Geita Gold Mine (GGM) trade union Chairman, Aloyce Shigela and Secretary Thomas Sabai have disputed existence of any agreement signed with the company’s management to keep union activities outside…

October 23, 2011

Giant Mine cleanup concerns abound

Now, the federal government’s challenge is to keep the thousands of tonnes of arsenic trioxide dust frozen in the ground forever. Environmental and engineering experts wrapped up their week-long talks…