US GOLD CORPORATION announces that drilling has resumed on its Cortez Trend properties. The Company’s primary objective in Nevada is to discover the next Cortez Hills deposit. Cortez Hills, owned by the world’s largest gold producer, is Nevada’s largest gold discovery of the past decade... Read more..
Atna Resources Ltd., report on activity at the Pinson Gold Mine in Humboldt County, Nevada. Pinson Mining Company (”PMC”), a subsidiary of Barrick Gold, spent US$5.2 million on drilling and development activities at Pinson in the second quarter of 2008 bringing their total project-to-date... Read more..
El Capitan Precious Metals, Inc. reports that the Company’s metallurgical R&D initiative involving several large composites drill hole samples of the El Capitan deposit have completed key project milestones. The tin collection fusion procedure was performed on two separate drilling composites... Read more..
Tornado Gold International Corp announced that is has closed over four million ($4,000,000) in equity financing to date, at an average cost of $0.20. Proceeds will be used for continued land acquisition and exploration. Further, Tornado Gold is very pleased to announce the appointment of Mr. Larry Kornze,... Read more..
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation has recently published a report on the Company’s financial and operational results for the second quarter ended June 30, 2008. “This was the first full quarter of production from our restarted Kisladag mine,... Read more..
Dawson Geophysical Company has recently published a report saying that the company reported revenues of $84,568,000 for the quarter ending June 30, 2008, the Company’s third fiscal quarter of 2008, compared to $68,637,000 for the same quarter in fiscal 2007, an increase of 23 percent. Revenue growth... Read more..
China Shen Zhou Mining & Resources, Inc., a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that it has obtained approval for the new mining license of its gold-copper mine from... Read more..
ROYAL GOLD, INC., the leading precious metals royalty company, announced that it has entered into a definitive agreement to acquire a portfolio of royalties from Barrick Gold Corporation (”Barrick”) for net cash consideration of $150 million and a restructuring of certain Royal Gold royalty... Read more..
AngloGold Ashanti Limited announced that it has entered into a letter agreement with Eldorado Gold Corporation (”Eldorado”) to acquire 100% of Eldorado’s wholly owned subsidiary, São Bento Gold Limited (”SBG”), which company in turn wholly owns São Bento Mineração S.A.... Read more..
Metalline Mining Company is pleased to announce that a new resource model has been completed on the Sierra Mojada, Coahuila, Mexico Oxide Zinc mineralization. The new model was completed by world-recognized Pincock, Allen, and Holt, and more than doubles the amount of zinc present in the deposit. The... Read more..