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Manitou Gold Receives Diamond Drilling Assay Results from Kenwest Project

Manitou Gold has obtained the assay results from the diamond drilling program conducted at the Kenwest project, northwest Ontario. The position of the drill holes are along the newly identified gold-bearing sulphide zone located along the #2 Shear zone.

21 Dec 2011

Hunter Bay Minerals Receives Additional Channel Sampling Results from Sela Creek

Hunter Bay Minerals has obtained additional assay results from the current channel sampling campaign conducted at Sela Creek.

21 Dec 2011

Newcrest Cuts Gold Production Guidance

Newcrest Mining is seeing its share value plunge this week after the grades at three of its mines in Australia were revealed to be diminishing. The shares came down 85 cents to rest at $30.22 on Tuesday, rising to $31.65 at midday Wednesday (AEST).

From Newcrest Mining Limited 20 Dec 2011

WestStar Resources Obtains Rock Sampling Results from La Paloma Property

WestStar Resources has obtained the initial assays from a rock sampling campaign completed at the La Paloma property, which is situated around 70 km towards the western part of Guadalajara city in Mexico.

20 Dec 2011

Archean Star Completes Second Diamond Drill Hole at Turnberry Gold Prospect

Archean Star Resources has completed the second diamond drill hole at 296 m, during the ongoing drilling conducted at the Turnberry gold prospect in Gnaweeda. Gap Geophysics, Australia has been contracted by the company to perform a sequence of SAM surveys at the Gnaweeda gold project, which is located in the Murchison Gold Belt, West Australia.

20 Dec 2011

Helicopter Attacked at Freeport's Grasberg Mine

In Indonesia gunmen attacked a helicopter which was transporting mine workers from the Freeport McMoRan gold and copper mine in the east of the country.

19 Dec 2011

Eldorado Gold to Acquire European Goldfields

Eldorado Gold is to buy European Goldfields in a cash-cum-shares deal worth Canadian $2.4 billion. Eldorado will acquire all of the issued and outstanding common shares of European Goldfields with an arrangement under the Yukon Business Corporations Act.

From Eldorado Gold Corporation 19 Dec 2011