November 2, 2011

How long will gold miners lag bullion prices?

As we have previously discussed, the gold miners continue to lag behind bullion prices. In the past six months, the SPDR Gold Shares ETF has increased by nearly 10%, while…

November 2, 2011

West African gold explorer completes Can$81.25 million equity offering

Perseus Mining (TSE:PRU), a West African gold explorer and miner, completed a Can$81.25 million equity offering. The offering, 25 million ordinary shares at Can$3.25 each, was underwritten by a syndicate…

November 2, 2011

Yamana Gold hikes dividend by 63% on strong third quarter

South America-focused Yamana Gold (TSE:YRI) increased production and revenue targets for the third quarter, and rewarded shareholders with a 63% dividend increase. Toronto-based Yamana boosted production 4% to 279,274 gold-equivalent…

November 2, 2011

Kilo Goldmines C$10 million private placement fully allocated

Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) ("Kilo" or the "Company") is pleased to announce that the private placement financings previously announced on October 18, 2011 are fully allocated (collectively, the "Offering").…

November 2, 2011

Varca Ventures Announces the Acquisition of Wildcat Mining Corporation

Wildcat Mining Corporation Is a Mineral and Natural Resource Exploration Company With Leased and Owned Assets in Colorado

November 2, 2011

Decade Resources Ltd.: 12.04 g/t Gold Over 15.85 Metres Intersected on Down Dip Extension of the Upper Montrose Zone

Decade Resources Ltd. ("Decade" or the "Company") (TSX VENTURE:DEC) reports it has received assay results for a further 4 drill holes and part of a fifth drill hole completed on…

November 2, 2011

Full Metal Identifies Multiple Gold Anomalies and Expands Land Package at Circle Project, Alaska

Full Metal Minerals Ltd. (TSX VENTURE:FMM) ("Full Metal") is pleased to announce the Company has received encouraging surface sampling results from multiple gold targets in the Circle Mining District (See…

November 2, 2011

StoneShield Receives Data From Geldenhoof Summer 2011 Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 2, 2011) - StoneShield Capital Corp. (TSX VENTURE:STS)(FRANKFURT:5XS) ("StoneShield" or the "Company") it pleased to announce that it has received final assay results from its…

November 2, 2011

Randgold up 7% after shooting the lights out in West Africa

Shares of Randgold Resources, a pure-play gold mining company focused on west and central Africa, soared 7.4% Wednesday after announcing third quarter production increased 80% and sales jumped to $309.6…

November 2, 2011

Sarama Resources completes IPO to raise $16.7 million for Burkina Faso gold exploration

Sarama Resources Ltd. are pleased to announce the completion of our initial public offering ("Offering") and the issuance of a total of 18,538,711 Units (which includes the partial exercise of…