October 7, 2011

Codelco joins ICMM and Kloppers takes over from Adkerson

ICMM has welcomed Codelco - Corporación Nacional del Cobre de Chile - as its latest member company. Diego Hernández, President and CEO of Codelco, took part in his first meeting…

October 6, 2011

San Gold Reports Strong Quarterly Gold Production, Exploration Results, and Provides Notice of Third Quarter 2011 Financial Results Conference Call

San Gold Corporation CA:SGR +8.92% (otcqx:SGRCF) ("San Gold" or the "Company") reports preliminary operating results for the third quarter of 2011 and is provi

October 6, 2011

Cameco receives competition bureau clearance for Hathor acquisition

Cameco (TSX:CCO) (NYSE:CCJ) announced today that the Canadian Competition Bureau has issued a "no action letter" in connection with Cameco's offer to acquire all of the outstanding shares of Hathor…

October 6, 2011

Turkey may import around 70 tonnes of gold in 2012

The chairman of the Istanbul Gold Exchange was quoted Wednesday saying he expected Turkey to import around 70 tonnes in 2012, similar to 2011, as higher prices and a weaker…

October 6, 2011

Semafo Q3 sales rise on higher gold output

Semafo Inc's third-quarter revenue jumped 19 percent, helped by higher gold output at its Mana mine in Burkina Faso, west Africa.

October 6, 2011

Alamos Gold Lifts Production 9 pct at Mexico Mine, Revs Climb 38 pct; Reaffirms Guidance

Alamos Gold Inc. (AGI.TO) said Q3 production at its flagship Mulatos mine in Mexico rose 9% over year-ago levels, reaching 33,000 ounces at a cash operating cost per ounce.

October 6, 2011

Ivanhoe gains 13% after Mongolia backs down on Oyu Tolgoi

Shares of Ivanhoe Mines (TSE:IVN) and Rio Tinto (ASX:RIO) both gained today on news that Mongolia has backtracked on a demand for a greater share of the massive Oyu Tolgoi…

October 6, 2011

Animas Acquires Large Gold Property in the Sonora Gold Belt, Mexico

Animas Resources Ltd. (TSX VENTURE:ANI) ("Animas" or the "Company") recently acquired a large property position within the Sonora Gold Belt of western Sonora State, Mexico, called the Desierto Project by…

October 6, 2011

Nautilus closes C$27.6 million final tranche of private placement

Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) has received gross proceeds of C$27.6 million from the issue of the second tranche of shares forming the final part of the private placement announced in…

October 6, 2011

Traders say rough diamond demand has dried up

IDEX Online News reports the rough diamond market is in a rut and demand for rough is so limited, that traders are not buying goods, even if offered at 12…