August 3, 2012

CGA announces 500,000 ounces milestone at Masbate gold project

CGA is pleased to announce that on 2 August, the Masbate Gold Project poured it's 500,000th ounce of gold.

August 3, 2012

Strategic Metals to sell royalty Interests for US$30 million with provisional increase to US$36 million

The company announced that pursuant to the terms of the royalty purchase agreement, Strategic will sell its royalty interests in three advanced mineral projects to 8248567 Canada Limited for up…

August 3, 2012

AZH completes $6m capital raising oversubscribed

The company took subscriptions amounting to $6.0m before costs and on completion will issue 17,142,857 shares at $0.35 per share, the closing price of the Company's shares on 31 July…

August 3, 2012

Freegold received subscription agreements for $1,854,696 private placement

The company has announced that it has received subscription agreements for the first closing of a non-brokered private placement of 3,311,957, priced at $0.56 per Unit.

August 3, 2012

La Mancha’s second quarter gold production jumps 21% from the previous quarter

In its report the company highlights strong production of 30,620 ounces of gold at an average cash cost of US $766 per oz and a cash flow from operating activities…

August 3, 2012

Gold mining healthy?

In 2011 gold-mine production came in at an all-time record high. And in 2012 experts anticipate production to be even higher, edging above the previous year’s 87m-ounce tally. From the…

August 3, 2012

International Tower Hill to close CAD $24.6 million first tranche of its non-brokered private placement

International Tower Hill Mines announced that it will close the first tranche of its previously announced up to $29.6 million non-brokered private placement financing today.

August 3, 2012

Osisko secondary crusher installation completed

Osisko President and CEO Sean Roosen commented: "We have made good progress at Canadian Malartic in the past three months. The completion of the secondary crusher is an important moment…

August 2, 2012

Draghi drags gold under $1,600

Gold dropped 1% to below $1,600 an ounce for the first time in a week on Thursday after disappointment over efforts to stimulate the economy from the US Federal Reserve…

August 2, 2012

Add German complications to Papua New Guinea problems for Nautilus undersea mine

The Toronto-based company said in the report it continues to engage the government of PNG in legal proceedings held in Sydney Australia but that it has run into trouble with…