June 23, 2011 Wits Gold completes positive scoping study on the DBM gold project Wits Gold completed shallow underground mine design comprising a 700 metre vertical shaft for men and materials and a conveyor decline for rock transport. Based on indicated resources of 34.5Mt…
June 23, 2011 WGC launches initiative to combat conflict gold The World Gold Council (WGC) produced a draft framework of standards designed to combat gold that enables, fuels or finances armed conflict. The standards, which were compiled together with the…
June 23, 2011 Perseus completes US$85M drawdown for Central Ashanti Gold Project Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that the US$85 million Project Finance Facility provided to Perseus’s 90%-owned subsidiary, Central Ashanti Gold Limited (“CAGL”), by Macquarie Bank Limited…
June 23, 2011 Oakland Resources [ASX: OKL] – Further shallow gold mineralisation at Spion Kop, NSW HIGHLIGHTS: Additional significant gold mineralisation intersected in shallow RC drilling at Spion Kop Prospect with results including:- 10m at 1.14g/t Gold (SKRC051)- 4m at 0.70g/t Gold (SKRC050)
June 23, 2011 Osisko declares commercial production at Canadan Malarctic Osisko Mining Corporation CA:OSK +2.75% , has declared commercial production at their flagship Canadian Malartic Mine in Malartic, Quebec. Sean Roosen, President and Chief Executive Officer, commented on reaching this…
June 23, 2011 CP: Sutter Gold to proceed with California project after positive assessment Sutter Gold Mining Inc. (TSXV:SGM) said Wednesday it will go ahead with mine and mill construction at the company's Lincoln gold project in California, according to a report by Canadian…
June 22, 2011 Burned by sub-prime, banks turn to resource sector for profits Data out this week show the likes of Goldman Sachs and JP Morgan raking in record revenues of almost $1bn/month in commodity and other trading revenue. A recent study of…
June 22, 2011 FT: Greek savers rush for gold The Financial Times reports Greek citizens are emptying savings accounts and buying gold as they brace themselves for the possibility of a sovereign default and a run on the banks.…
June 22, 2011 Are gold stocks facing another 2008? In a word, no. We divide our rationale into three parts: macro, sentiment, and profit margins. Back in 2008, a recession was beginning, the private sector was in intense deleveraging…
June 22, 2011 IAMGOLD Increases Dividend by 150% and Provides Update for Q2 2011 "Cost inflation has been experienced at all operations," continued Mr. Stothart. "The industry is experiencing higher costs for fuel, consumables and labour in all regions this year, as well as…
Mexico seeks voluntary return of mining concessions not being used for production President Claudia Sheinbaum said the government was seeking the return of more than 200 mining concessions. February 09, 2026 | 07:40 am
