August 31, 2011

South Africa may force mining sector into beneficiation

South Africa's mining sector could be forced to take part in beneficiation activities, the Department of Mineral Resources (DMR) has indicated. Mining licences could be granted with conditions attached to…

August 31, 2011

Romanian president gives Gabriel Resources stock a 16% kicker

Shares of Canada's Gabriel Resources have climbed 16% in the week since plans by its 80%-owned Rosia Montana Gold Corp to build a massive gold mine in Transylvania received public…

August 31, 2011

Pan American Goldfields production increase at Cieneguita silver and gold project

VANCOUVER, Aug. 31, 2011 /PRNewswire/ - Pan American Goldfields Ltd (OTCQB:"MXOM") (the "Company") is pleased to report a significant increase in gold and silver production at its Cieneguita, Chihuahua, Mexico,…

August 31, 2011

Nautilus Minerals to raise $100 million for PNG seafloor project

Nautilus Minerals (TSX:NUS)(AIM:NUS) is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the…

August 31, 2011

Grizzly Provides Update on Greenwood Gold Project and Prepares to Drill New Targets With Anomalous Gold-In-Soils

Grizzly Discoveries Inc. (TSX VENTURE:GZD) (OTCQX:GZDIF) (FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to provide the following update on its 2011 exploration program at its 100% owned Greenwood Gold Project,…

August 31, 2011

Augen Gold Files NI 43-101 Compliant Technical Report for the Jerome Mine Project

TORONTO, ONTARIO--(Marketwire - Aug. 31, 2011) - Augen Gold Corp. (the "Company" or "Augen Gold") (TSX VENTURE:GLD) is pleased to announce that it has filed a National Instrument 43-101 compliant…

August 31, 2011

Silvercorp Metals in share buyback

Silvercorp Metals Inc., a Vancouver-based mining company, said Wednesday it purchased 2,027,167 of its common shares at an average price of $8.112 (Canadian).

August 31, 2011

Osisko announces an increase in Caterpillar Lease Financing Facility

MONTREAL, QUEBEC--(Marketwire - Aug. 31, 2011) - Osisko Mining Corporation ("Osisko")(TSX:OSK)(FRANKFURT:EWX) is pleased to announce that it has entered into an agreement with Caterpillar Financial ("Cat Financial") to increase its equipment…

August 31, 2011

BCGold Corp. closes first tranche of private placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2011) - BCGold Corp. (TSX VENTURE:BCG)(PINK SHEETS:BCGOF) (the "Company") is pleased to announce that it has closed the first tranche of its private placement previously announced…

August 31, 2011

Fjordland Options Dillard Gold and Copper Property, Between Copper Mountain Mine and Elk Gold Mine, Southern British Columbia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 31, 2011) - Fjordland Exploration Inc. (TSX VENTURE:FEX) has signed a Letter of Intent with private vendors for the 2,200-hectare Dillard Property, located in southern British…