November 15, 2011

Paulson sells $2 billion worth of gold

John Paulson, the New York-based hedge fund, which has been the most enthusiastic investor in gold, sold off one-third of its holdings of the precious metal, it said in a…

November 15, 2011

Condor Resources Inc.: Drill rig mobilized to the San Martin gold-silver project, Peru

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that all of the required permitting has been completed and a diamond drill rig has been mobilized…

November 15, 2011

Midway pushes Pan to feasibility

Midway Gold's (MDW-V, MDW-X) feasibility study for its Pan gold project in White Pine Cty., Nev., shows it's viable to build at various gold prices.

November 15, 2011

Helio reports additional drill results from the Gold Kop target, Damara Gold Project, Namibia

Helio Resource Corp (TSX-V: HRC) is pleased to report the first results from a recently completed RC drill programme on the Gold Kop target, at the Damara Gold Project in…

November 15, 2011

Klondex Mines Ltd. announces Can$21,000,000 equity financing

Klondex Mines Ltd. (TSX: KDX) ("Klondex Mines" or the "Company") announced today that it has entered into an agreement with a syndicate of underwriters lead by GMP Securities L.P. and…

November 15, 2011

Ocean Park

The World Gold Council’s latest report “Gold Demand Trends Second Quarter 2011” reported second quarter global gold demand was 919.8 tonnes

November 15, 2011

African Gold Group, Inc. Northern Step-Out Hole Intercepts 112 Meters of 2.14 g/t Au-Hole Ends in Mineralization-Kobada, Mali

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2011) - African Gold Group, Inc. (TSX VENTURE:AGG), ("AGG" or the "Company") is pleased to report the analytical results for six near surface (oxide), reverse…

November 15, 2011

Goldstrike identifies drill target on Oliver Gold property

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINK SHEETS:APRAF)(FRANKFURT:KCG1) is pleased to announce that follow-up sampling of its Oliver property has confirmed previous results which included 4.003 grams per tonne gold in a…

November 15, 2011

Avion Gold announces third quarter earnings of $7.2 million with cash flow of $15.3 million

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2011) - Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the "Company") today announces its financial results for the third quarter ended September 30, 2011. All amounts…

November 14, 2011

Gold Falls as Dollar Rebounds on Italy’s Debt Concerns

Gold futures declined for the third time in four sessions as the dollar’s rebound reduced the appeal of the precious metal as an alternative asset.