November 9, 2011

Gold goes viral in China as imports hit just under 2 tonnes per day

Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 56.9 tonnes in September, a sixfold increase…

November 9, 2011

Pan American Silver takes $12.5 million hit from Loonie depreciation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - (All amounts in US dollars unless otherwise stated and all production figures are approximate) - Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) ("Pan American"…

November 9, 2011

First Quantum lowers 2011 production guidance

First Quantum Minerals on Tuesday said production of 265,000 tonnes of copper and 175,000 ounces of gold is forecast for 2011 reflecting lower production to date as well as lower…

November 9, 2011

Prodigy Gold testing confirms SAG milling option for Magino

Mining junior Prodigy Gold has announced the results of SAG Design test work and SAG Design comminution analysis preformed by Starkey and Associates on representative samples of gold mineralised rock…

November 8, 2011

Silvercorp emerges from short and distort saga awash with cash

Silvercorp Metals on Tuesday reported revenue of $62.1 million for its second quarter, up 71% from the same period last year. Cash flow from operations hit a record $35.2 million,…

November 8, 2011

St. Augustine Gold and Copper to raise $10-$12 million for King-king

SPOKANE, WASHINGTON--(Marketwire - Nov. 8, 2011) - St. Augustine Gold and Copper Limited (TSX:SAU) ("St. Augustine" or the "Company") announces a non-brokered private placement offering for gross proceeds of CDN$10,000,000…

November 8, 2011

Investors forgive and forget, drive White Tiger stock up 38% in a week

Stock in White Tiger Gold received another 6.6% bump on Tuesday, bringing its gains over the past week to 38.5% after the company announced it has secured a $15 million…

November 8, 2011

Kaminak Announces Closing of $15 Million Bought Deal Private Placement

Kaminak Gold Corporation is pleased to announce that it has closed the previously announced bought deal private placement financing. The Company has issued 1,786,000 Class A common shares at a…

November 8, 2011

Guyana Precious Metals announces the grant of stock options

Guyana Precious Metals Inc. (TSX-V: GPM) (the "Company") announces that it has granted effective November 7, 2011 an aggregate of 1,550,000 options to a director and consultants of the Company…

November 8, 2011

When will gold stocks reach the bubble phase?

Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold.