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Midland Exploration, Osisko Mining Begin Initial Drilling at Casault Gold Property

Midland Exploration, along with Osisko Mining, has commenced drilling at the Casault gold property. Midland has 100% control over the Casault property, which is situated approximately 40 km towards the Detour Lake gold deposit’s eastern part.

From Midland Exploration 19 Jan 2012

Auriga Gold Reports Autumn Drilling Results from Maverick Gold Project

Auriga Gold has announced the 2011 autumn drilling results from its Maverick gold project. High-grade mineralization is continuously expanded in the Puffy Lake deposit’s north portion, through drilling.

19 Jan 2012

Newmont Mining Expecting Higher Costs and Lower Copper Production

Newmont Mining said that costs for mining gold and copper would rise this year. This will be due to higher labor and power costs in Australia. The company also said that it would expect a lower production of copper this year due to hitting low grade ores Indonesia.

18 Jan 2012

New Dawn Mining Reports End to Work Stoppage at Zimbabwe Gold Mine

New Dawn Mining said that it had resumed mining operations at its Turk and Angelus mine in Zimbabwe. Mining had been stopped by underground mine workers at the mine last week, but now full mining operations are on track.

17 Jan 2012

Iamgold Gold Production Falls

Iamgold Corp’s fourth quarter production for 2011 of gold is down by 20%. The Toronto based company produced 253,000 attributable ounces of gold in the final quarter of last year compared to 315,000 attributable ounces of gold in the last quarter of 2010.

From Iamgold Corp. 17 Jan 2012

Paget Minerals Announces Drilling Results from Rainbow Gold Porphyry Target

Paget Minerals has reported the drilling results from the Ball Creek project. The drilling program was conducted on the Rainbow gold porphyry target, which is situated in the Golden Triangle - Iskut Mineral District in Northwest BC.

17 Jan 2012

Uranium North Reports High Grade Gold and Silver Mineralization at Nowyak

Uranium North Resource has declared that the 2011 exploration program on the Nunavut-based Nowyak property has enabled the company to discover high grade silver and gold mineralization with grab samples of assays up to 1040 g/t Ag, 72.1 g/t Au, and 5.8% copper.

17 Jan 2012

Granite Creek Gold Announces 2011 Fall Drilling Program Results

Granite Creek Gold declared that it had drilled 1,280 m in six holes in the fall of 2011 from three regions in the Buzzer West and Buzzer zones. The hole GC 11-74 returned excellent results with 0.008% Mo, 57.6 m of 0.237% Cu, 0.174 g/t Au and 1.5 g/t Ag.

17 Jan 2012

Blackham Resources Confirms Matilda Gold Resource at 601,000 Ounces

Australian mining company Blackham Resources announced that its recently acquired Matilda Gold Project has an existing Inferred Resource of 10.2 million tonnes at 1.8 grams per tonne for 601,000 ounces of gold.

From Wiluna Mining 16 Jan 2012