September 29, 2011

Kinross Announces Investment in White Bear Resources Inc.

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2011) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) ("Kinross") announced today that it has subscribed for 2,350,000 units of White Bear Resources Inc. ("White Bear") pursuant to…

September 29, 2011

Orex to Pursue Exploration Work on Goldboro Gold Project

MONTREAL, CANADA--(Marketwire - Sept. 29, 2011) - OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) and OSISKO MINING CORPORATION (TSX:OSK)(FRANKFURT:EWX) would like to inform shareholders that Osisko has terminated its option to acqui...

September 29, 2011

Josephine Mining Corp. Continues Drilling Update at Turner Gold Project: Hole TJM-71 Intercepts 11.7 g/t Equiv Au Over 105 Feet and TJM-81 Intercepts 10.1 g/t Equiv Au Over 61.5 Feet

SPOKANE, WASHINGTON--(Marketwire - Sept. 29, 2011) - Josephine Mining Corp. ("JMC" or the "Company") (TSX VENTURE:JMC) is pleased to announce a drilling update on the Turner Gold Project. The Company…

September 29, 2011

BCGold Corp. drops 10% after private placement falls way short of expectations

Vancouver-based gold and copper explorer BCGold Corp. dropped 10% or 1c on the Toronto venture board after announcing that it closed the second tranche of its private placement for a…

September 29, 2011

Greek default, Eurozone/bank crisis and the effect on the gold, silver prices

We agree with Professor Rogoff that Greece should have defaulted some time ago.

September 29, 2011

Rio Alto Mining suspends mining at La Arena due to work stoppage

Rio Alto Mining (CVE:RIO) said that an illegal work stoppage at La Arena Gold Oxide Mine forced it to suspend mining operations. The company's stock opened down 6.82% to $2.46.…

September 29, 2011

Peru’s president signs mining law

President Ollanta Humala signed Peru's new mining law on Wednesday, which will raise about $1 billion a year. The money is to be directed to the poorest parts of the…

September 29, 2011

Rusal completes $9.33 billion debt refinancing

As expected the proposal by Norilsk Nickel management to buy back some of the stake in it controlled by Oleg Deripaska’s RusAl has been rebuffed. 29.08, 12:39 The world’s largest…

September 29, 2011

Andover Announces Final Payment to Silvermex

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 29, 2011) - Andover Ventures Inc. ("Andover") (TSX VENTURE:AOX)(OTCBB:AOVTF)(FRANKFURT:R2X) announces that it has paid the final payment of $2,000,000 to Genco Resources/SilverMex Resources ...

September 29, 2011

Sudanese-Canadian gold mine to expand, produce copper

By Ulf Laessing HASSAI GOLD MINE, Sudan (Reuters) - Sudan plans to double gold production at its main mine run together with Canada's La Mancha Resources LMA.TO within around two…