October 24, 2011

Au no! Viper’s verification sampling finds no gold, angry investors bite back

In an object lesson on the fickle nature of junior explorer investment, dismayed investors took a huge chunk out of Viper Gold's stock on the Toronto Venture Exchange after trade…

October 24, 2011

Manitoba’s Gossan Resources investing in Greece, undertaking private placement

Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has signed a Letter of Intent (LOI) with East Mining Company SA ("EMC") of Athens, Greece, to investigate and examine the possibilities…

October 24, 2011

Cascadero Copper Corporation Options Powerline Gold Prospect Sudbury, Ontario

Cascadero Copper Corporation (TSX VENTURE:CCD) has entered into an Option Agreement that enables it to earn a 100% interest in the Powerline gold prospect (the "Property") in Street and Scadding…

October 24, 2011

Great Basin sold 27% less gold in Q3

The miner reported Monday that it sold 27% less gold sequentially in the third quarter from its Hollister and Burnstone properties in Nevada and South Africa respectively. (Reuters) - Great…

October 24, 2011

Portage & Cliffs JV to Resume Drilling at Golden Ridge Deposit, New Brunswick

ST ANDREWS, NEW BRUNSWICK--(Marketwire - Oct. 24, 2011) - Portage Minerals Inc. ("Portage") (CNSX:RKX), today announced on behalf of the joint venture with Cliffs Chromite Ontario Inc. (f/k/a Freewest Resources…

October 24, 2011

Dynacor plans 2nd Peru gold-ore processing plant

The company will start building its second gold-ore processing mill in Peru next year and expects the facility to produce about 60,000 gold ounces a year. (Reuters) - Canada's Dynacor…

October 24, 2011

Gold bugs conspiracy theory goes mainstream

Support for the favourite gold bug conspiracy theory – that a cabal of western central bankers is secretly determined to manipulate the world’s markets by rigging gold prices – has…

October 24, 2011

Concordia Resource to buy Swala Resources in 12,400 square kilometre Africa land grab

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia") is pleased to announce that, further to its news release dated September 6, 2011, it has signed an arrangement agreement (the "Agreement") with Swala…

October 24, 2011

Alacer Gold operations not harmed by Turkish earthquake

Alacer Gold (TSE:ASR) reports no injuries or damage occurred at the Çöpler Gold Project after a 7.2 magnitude earthquake struck the southern part of Turkey. Over 200 people are confirmed…

October 24, 2011

Anaconda’s Pine Cove gold mine completes mill modification program

Anaconda Mining has successfully completed an extensive array of circuit upgrades and regularly scheduled maintenance with minimal downtime at its Pine Cove mill in Newfoundland. Anaconda planned to make modifications to…