September 23, 2011

Dorato receives final drill results from phase I Cobrecon drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2011) - Dorato Resources Inc. ("Dorato" or the "Company") (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) announces receipt, from Minera Afrodita, of final drill results from the first phase…

September 23, 2011

Potential Randgold Resources (GOLD) Trade Has $96.44 Breakeven

Randgold Resources (NASDAQ:GOLD) closed Thursday's unfavorable trading session at $102.94. In the past year, the stock has hit a 52-week low of $70.18 and 52-week high of $115.00. Randgold Resources…

September 23, 2011

Gold falls to one-month low in commodities sell-off

Gold prices fell to a one-month low on Friday to $1,719.29 a troy ounce, having earlier traded as low as $1,715.94, hit by a sell-off in the commodities complex as…

September 23, 2011

Peru’s Congress approves raised mining taxes and royalties

Peru, a top global producer of precious and base metals, expects $42 billion in mining investments over the next decade and Congress has approved new legislation that will see miners…

September 23, 2011

Gold premium over platinum seen rising to record: commodities

Gold cost 3.1 percent more than platinum in London yesterday, compared with an average discount of 39 percent over the past decade, data compiled by Bloomberg show. The metal may…

September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 23, 2011

Helio discovers 1K strike length gold in Tanzania

Helia Resource Corp (TSX-V:HRC) has unearthed a one-kilometre strike zone at its SMP gold project in Tanzania. While artisinal mining has focused on narrow vein surface outcroppings, some containing assays…

September 22, 2011

Precious metals ‘shot to pieces’ as losses continue to mount

Gold failed to capitalize on the stock market rout and December futures tumbled 4% or $74/oz to $1,734/oz by early Thursday afternoon as the Fed warned of "significant downside risks"…

September 22, 2011

Rusoro gives update on new Venezuela gold law

Rusoro Mining Ltd. CA:RML 0.00% ("Rusoro" or "the Company") reports the following:On August 23, 2011, President of Venezuela Hugo Chavez Frias approved a decree with force of organic law ("the…

September 22, 2011

Frontline Gold starts 2011 diamond drill program on the Poly Project in the Stewart Gold Camp, NW BC

Frontline Gold Corporation (TSX VENTURE:FGC) ("Frontline" or the "Company") is pleased to announce the commencement of the 2011 diamond drill program on the Poly Project in the Stewart Gold Camp…