September 30, 2011

A third of miners still smoke, study says

While the number of smokers in the United States has declined dramatically in recent years, miners have yet to kick the habit, says a federal study. Reuters reported Thursday on…

September 30, 2011

Miners rebel against Zimbabwe indigenization law

The Zimbabwe Guardian reports that at least 137 mining companies are risking losing their mining licences for refusing to comply with the country's new indigenization regulations. Affected companies include Anglo-American,…

September 30, 2011

$70-million mill and mine upgrade for gold producer

Philippines-focused gold producer Medusa Mining is set to under-take a $70-million remodelling of its current Co-O mill and mine site in order to increase its yearly production target to 200,000…

September 30, 2011

Gold gains 1 pct on easing worries about euro zone crisis

Spot gold and U.S. gold futures rose 1 percent on Friday after German approval of a stronger bailout fund to counter the euro zone debt crisis.

September 29, 2011

Galane Gold Ltd. Announces Change of Auditor and Option Grants

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2011) - Galane Gold Ltd. ("Galane" or the "Corporation") (TSX VENTURE:GG) is pleased to announce that it has retained KPMG LLP to replace Deloitte &…

September 29, 2011

Kinross Announces Investment in White Bear Resources Inc.

TORONTO, ONTARIO--(Marketwire - Sept. 29, 2011) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) ("Kinross") announced today that it has subscribed for 2,350,000 units of White Bear Resources Inc. ("White Bear") pursuant to…

September 29, 2011

Orex to Pursue Exploration Work on Goldboro Gold Project

MONTREAL, CANADA--(Marketwire - Sept. 29, 2011) - OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) and OSISKO MINING CORPORATION (TSX:OSK)(FRANKFURT:EWX) would like to inform shareholders that Osisko has terminated its option to acqui...

September 29, 2011

Josephine Mining Corp. Continues Drilling Update at Turner Gold Project: Hole TJM-71 Intercepts 11.7 g/t Equiv Au Over 105 Feet and TJM-81 Intercepts 10.1 g/t Equiv Au Over 61.5 Feet

SPOKANE, WASHINGTON--(Marketwire - Sept. 29, 2011) - Josephine Mining Corp. ("JMC" or the "Company") (TSX VENTURE:JMC) is pleased to announce a drilling update on the Turner Gold Project. The Company…

September 29, 2011

BCGold Corp. drops 10% after private placement falls way short of expectations

Vancouver-based gold and copper explorer BCGold Corp. dropped 10% or 1c on the Toronto venture board after announcing that it closed the second tranche of its private placement for a…

September 29, 2011

Greek default, Eurozone/bank crisis and the effect on the gold, silver prices

We agree with Professor Rogoff that Greece should have defaulted some time ago.