August 31, 2011

Gold edges down; eyes on Fed cues on stimulus

Spot gold edged lower on Wednesday as investors waited for more clues to economic conditions and watched to see if the U.S. Federal Reserve would deploy more stimulus measures, but…

August 31, 2011

Rusoro slips into red as Venezuelan gold output dips

Rusoro Mining, the Russian backed miner with gold assets in Venezuela, on Tuesday posted a $9.8-million net loss for the quarter ended June, having made a $3.3-million profit for the…

August 30, 2011

AuRico snaps up Northgate on the cheap

AuRico Gold Inc. is paying the cheapest valuation for a takeover of a North American gold producer in seven years even as bullion trades at a record. Including net cash,…

August 30, 2011

Bullion back with a bang – sails past $1,800/oz

Gold for December delivery rose 2.6% or $46.50 to $1,838.20 an ounce in New York on Tuesday, making up some of the ground the precious metal had lost since coming…

August 30, 2011

Ressources Appalaches Completes Private Placement of $600,000

Ressources Appalaches (TSX VENTURE:APP) ("Appalaches") has completed a private placement of $600,000 with accredited investors and employees, executive officers, directors and consultants. Pursuant to this placement, Appalaches has issued 10…

August 30, 2011

Knelson Concentrator founder passes away

Byron Knelson founder of Knelson Concentrators (Knelson), has passed away at the age of 80. Byron succumbed to complications arising from his battle with cancer.

August 30, 2011

Philippines Represents Largest Nickel, Gold Projects in Southeast Asia, an Industrial Info News Alert

KOFU-SHI, JAPAN--(Marketwire - Aug 30, 2011) – Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Southeast Asia metals and minerals projects currently account for approximately 5% of Industrial…

August 30, 2011

Lake Shore reports extensions of gold mineralization along strike and to depth at Gold River trend project

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2011) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or the "Company") Deep Drilling at North Porphyry/4800 Zones intersects multiple zones of mineralization up to 450…

August 30, 2011

Nortec (NVT) Signs Agreement for $20.5 Million Option of the LK Project, Finland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Further to the press release dated July 27, 2011, Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) ("Nortec" or the "Company"), is pleased to announce…

August 30, 2011

Empire provides progress update on Demirtepe copper-gold project, Turkey

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to provide an update on the Demirtepe Project in western Turkey where drilling by Empire has consistently…