Mexivada starts diamond mining at Kono, Sierra Leone; Larger diamond found at Lepandza, ROC Congo

Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..

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Trinity Comes Up With a Large Copper-Gold-Silver Play at its Manarsa Tres Property, Northern Peru

TRINITY MINING HOLDING AG announce that a large 1.5 km by 0.75 km I.P. anomaly, interpreted to be associated with a potential large copper-gold-silver disseminated mineralization, has been detected in a recent geophysical survey conducted on its 600 hectares Manarsa Tres property located in the department... Read more..

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Midway Gold Announces Project Updates and Plans for 2009

Midway Gold Corp. announce 2009 work plans will primarily be focused on the Golden Eagle project in Washington and the Midway project in Nevada. Exploration at the Spring Valley project is expected to continue under a proposed earn-in agreement, previously announced (PR October 20, 2008). The Thunder... Read more..

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Western Sierra (OTC WSRA) Reports Initial Production Results Targeting $400 Million in Reserves at Gold Basin Mine

Western Sierra Mining Corp. released preliminary ore refining data from production sites at the Gold Basin Mine currently being processed. Specifically, the initial production results from its “Site 76″ at the Gold Basin Mine are producing .75 grams gold per yard of processed ore. Michael... Read more..

Apollo Gold Update Development Activities and Financing of the Black Fox Mine

Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers... Read more..

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Pacific Gold Corp. Announces Oregon Gold Spin Off

Pacific Gold Corp. announced that it has received consent from Yorkville Advisors (formerly Cornell Capital Partners) to release 20% of the shares of its wholly owned subsidiary Oregon Gold, Inc. to enable them to be distributed to the shareholders of Pacific Gold Corp. Pacific Gold will distribute 20%... Read more..

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Apollo Gold Commences Development of the Black Fox Mine

Apollo Gold Corporation give an update on the status of activities related to commencement of mining at its 100% owned Black Fox Project (“Black Fox”) located near Timmins, Ontario, Canada. Since April 2008, when Apollo completed the feasibility study on the Black Fox mine, it has made progress on... Read more..

Royal Gold to Present at the Merrill Lynch Canada 14th Annual Mining Conference

ROYAL GOLD, INC., the leading precious metals royalty company, announced today that management will present at the Merrill Lynch Canada 14th Annual Mining Conference in Toronto, Canada. The Merrill Lynch Conference is an invitation-only conference for institutional investors, mining analysts and the... Read more..

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Gold World Resources’ due diligence visit by SRK Consulting China to Kun Peng Mining Company and Jiguanshan Mining Company, Inner Mongolia, China, update

Gold World Resources Inc. report that SRK Consulting China (”SRK”) has completed the field work portion of the due diligence investigation the Company is currently carrying out on properties owned by the Kun Peng Mining Company (”Kunpeng”) and the Jiguanshan Mining Company (”Jiguanshan”),... Read more..

South Africa; ‘Mined Out’

As it reported by the street.com wondering whether South Africa is mine out or not. it is also said that Diamonds aren’t forever. Just ask John J. Teeling, executive chairman of Dublin-based exploration company African Diamonds. During a panel discussion on mining and natural resources at the recent... Read more..