September 26, 2011

Gold hammered again despite talk of $2.5 trillion Europe bailout

Gold for December delivery dropped $40, or 2.5%, to just under the $1,600 an ounce level in midday trade on the New York Mercantile Exchange on Monday, but had recovered…

September 26, 2011

Detour Gold acquires Trade Wind Ventures for $84 million

Detour Gold (TSE:DGC), a gold and exploration company located in northeastern Ontario, announced that it will acquire Trade Wind Ventures, which owns a property adjacent to the Detour Lake project,…

September 26, 2011

Is the European debt crisis bullish for gold?

Last week was a turbulent period for precious metals.

September 26, 2011

Ivanhoe Mines expects the Mongolian Government to support the Oyu Tolgoi investment agreement

Ivanhoe Mines said in a statement today that the investment agreement for the Oyu Tolgoi Project remains a fair and legally binding contract that deserves and requires the unqualified support…

September 26, 2011

Street sweepings in London to be processed for platinum

India Express said that Veolia Environment plans to process street sweepings in London to extract platinum group metals. Image from Ponchitos

September 26, 2011

Lone Star Gold, Inc. announces new gold-silver exploration project in Mexico

ALBUQUERQUE, NM--(Marketwire - Sep 26, 2011) - Lone Star Gold, Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") is pleased to announce the Company signed a letter of intent (LOI)…

September 26, 2011

NDP wants to keep more value-added mine work in Ontario

The Ottawa Citizen reports that the Ontario NDP, which is fighting a provincial election and challenging the incumbent Liberal Party, want to change the provincial mining act so more mine…

September 26, 2011

Empire Mining sampling returns significant copper-gold anomaly 1.8 km long and still open on strike

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to report that an ongoing sampling program at the newly-identified Southwest Zone of the…

September 26, 2011

Oremex Gold signs letter agreement to acquire up to a 75% interest in the Concordia/Guasima Project

Oremex Gold Inc. (TSX VENTURE:OAU) is pleased to announce that it and its wholly-owned Mexican Subsidiary, Minera Tres Diamantes, S. de R.L. de C.V., (together with Oremex Gold Inc., "Oremex…

September 26, 2011

Romios intersects 22.1 metres assaying 1.25% copper and 22.43 g/t silver in new discovery underlying the north zone, Trek property, B.C.

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2011) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company") is pleased to announce assay results from the initial portion of the 2011…