COLORADO SPRINGS, CO--(Marketwire - Sep 27, 2011) - Gold Resource Corporation (NYSE Amex: GORO) today announced that its Board of Directors has approved a $20 million stock repurchase program. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $25 million to shareholders in monthly dividends since declaring commercial production July 1, 2010.

Several community colleges in Colorado have been selected to receive a grants to support their training for high-skilled, high-wage jobs in mining, clean energy, water management and oil and gas, the Fowler Tribune reports.

"This is a win-win for Colorado's workers and employers. By enabling colleges to work directly with private employers, students will get the specific skills that make them competitive for higher-paying jobs in growing industries - and employers will get a well-trained workforce they can rely on," Senator Mark Udall said.

The newly-opened Wiradjuri Study Centre in Condobolin, NSW, Australia aims to boost employment prospects for the local indigenous community in mining, construction, transport, and administration, Invest in Australia reports.

Owned and managed by the Wiradjuri Condobolin Corporation, the Indigenous Study Centre was built using local materials and local Indigenous labour, and will apply culturally-appropriate teaching methods to engage the local Aboriginal community and encourage participation in nationally-recognised vocational courses.

The Observer: Tash Fee, head of the two-year-old mine training company, TNT Training Solutions, has won the Individual Award for Excellence in Training at the Mining Industry Skills Centre Training Awards, and has been recognized for her role in encouraging women into mining careers.

TNT Training Solutions provides training in everything from working at heights and confined spaces to fire training and a range of other skills. Originally a motor mechanic, Ms Fee started working as a fitter in the mines.

FLSmidth has received four contracts, each worth approximately EUR 40m (approximately DKK 300m) from a company in the Middle East for engineering services and minerals equipment. Each order entails the supply of one SAG mill, two ball mills, with associated pebble crusher, screens, pumps and cyclones along with engineering services and auxiliary equipment.

White Tiger Gold, a Russian exploration company, granted a $10 million credit facility to Century Mining. The two companies will be combined at the end of the year. The funds will be used to help Century Mining expand. Century Mining has operating gold mines in Quebec and Peru.

The FrumForum gloats that Glenn Beck's admonitions to buy gold, lots of physical gold in coins and other forms, has turned sour for customers just when it is supposed to have its greatest worth: The gold market meltdown — with prices plunging in recent weeks from over $1,900 an ounce to under $1,600 — is a reminder that the precious metal is a volatile, speculative commodity. It also signals a bear market in credibility for the many right-leaning cable-news and talk-radio hosts who have touted gold relentlessly in recent years as a hedge against economic calamity.

Deep Yellow, a uranium exploration company with operations in Namibia and in Australia, announced on Tuesday additional high grade uranium intercepts from RC drilling at the Ongolo Alaskite Deposit and the MS7 Prospect.

Chinese companies and investors are stepping up their purchases of industrial commodities such as copper, in a show of confidence in the global economy that stands in contrast to the turmoil in western markets. The wave of buying is providing support for metals and minerals prices after commodities prices fell this month at worries about a double-dip. Senior executives at trading houses, mining companies and banks said Chinese consumers had used the recent drop in prices to rebuild stocks.