November 14, 2011

Indians switch to bars and coins as festival jewellery sales plummet 25 – 30%

The Economic Times reports gold and diamond jewellery sales across India fell by 25-30% in grammage terms during Diwali due to rising gold prices and a noticeable shift to coins…

November 13, 2011

Dia Bras says Chihuahua state rules in its favour

Dia Bras Exploration Inc. (TSX VENTURE:DIB) is pleased to report that it has received a favorable legal ruling on its flagship Mexican property, the Bolivar property of SW Chihuahua.

November 12, 2011

Nautilus now has $155 million kitty and all its green permits for undersea mine

Nautilus, the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits, announced on Friday it has completed the quarter with a cash balance of $155.1 million,…

November 10, 2011

Scrap gold, silver, platinum can comprise half an airplane’s recycling value

You're probably aware that gold demand is mostly for jewelry -- in fact, over three-fourths of it is. But unknown to many people, notes Dillon Gage Metals, is that gold,…

November 10, 2011

Investors see more David than Goliath in new resource estimate

Treasury Metals (TSE:TML) failed to generate excitement this week from news that it has doubled the resource estimate at its Goliath gold project near Dryden, Ontario. The stock barely moved…

November 10, 2011

Minera Andes announces $6.8 million net income in Q3 and US$45 million in cash

Minera Andes, an exploration company looking for gold, silver and copper in Argentina, announced net income of $6.8 million in Q3 compared to a $5.6 million loss during the same…

November 9, 2011

Bear Creek Mining’s stock marches up 23 percent in anticipation of feasibility study

In the last month Bear Creek's stock (CVE:BCM) has gained 23% to $5.06 a share in anticipation of the company's feasibility study for the Corani silver-lead-zinc deposit. The company says…

November 9, 2011

Sulliden revises bought deal to $50 million

Sulliden Gold Corporation Ltd. ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF)(BVLAC:SUE) announces that in connection with its previously announced public offering, the Company and the syndicate of underwriters (the "Underwriters"), have agreed to…

November 9, 2011

First Majestic Silver Corp.: earnings hit $27.8 million in third quarter

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2011) - First Majestic Silver Corp. (TSX:FR)(NYSE:AG)(FRANKFURT:FMV) (the "Company" or "First Majestic") is pleased to announce the unaudited condensed consolidated interim financial results for…

November 9, 2011

Silvercorp increases dividend by 25%; announces second quarter dividend of CAD$0.025

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2011) - Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) ("Silvercorp" or the "Company") today announced that its Board of Directors has increased the amount of its quarterly…