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Teryl Resources Plans for Drilling Program at Westridge Property

Teryl Resources has planned to commence a drilling program at the Westridge property for analyzing many anomalous gold targets.

5 Aug 2011

Riverstone Resources Intercepts Gold Mineralization at Goulagou I Zone

Riverstone Resources has announced additional drilling results from the Goulagou I zone of the Karma Project in Burkina Faso, West Africa.

5 Aug 2011

Stillwater Mining Posts Record Profits

Stillwater Mining Company has reported record profits for the quarter ending June 30, 2011. The Montana based company has seen a 192% hike in profits recorded compared to the same quarter the previous year. The company earned nearly $42.7 million in the second quarter this year equating to 39 cents a share.

4 Aug 2011

New Pacific Metals Releases Assay Results from Tagish Lake Property

New Pacific Metals has proclaimed the assay results of the initial step out hole, Raca11-01, at Tagish Lake gold-silver property’s Raca region in Yukon.

From New Pacific Metals Corp. 4 Aug 2011

Pershimco Resources Reports Further Assay Results from Cerro Quema Project

Pershimco Resources has reported the further assay results from the current 2011 exploration at the Cerro Quema in Panama, which is a gold-copper project.

4 Aug 2011

Galahad Metals Completes Surface Geophysical Survey at Regcourt Gold Project

Galahad Metals has completed a surface, induced polarization (IP) or time-domain resistivity survey at its Regcourt gold project, which is located 30 km east of Val-d'Or in Québec.

4 Aug 2011

Analysts Predict $8 Billion Profit for Rio Tinto

Rio Tinto is likely to post a net profit for its first half in the region of $8 billion. The profits have been bolstered by the hike in prices of iron ore, aluminium, and copper.

From Rio Tinto plc 3 Aug 2011

Canaco Resources Reports New Assay Results from Magambazi Gold Discovery

Canaco Resources has released the recent drilling assay from the Magambazi gold discovery at the Handeni project, which is in the United Republic of Tanzania.

3 Aug 2011

Boom Time for Freeport McMoRan Copper & Gold

Freeport McMoRan Copper & Gold, Inc. (FMCG), the world's largest producers of copper, gold & molybdenum, has had an excellent second quarter. Earnings have practically doubled based on soaring metal prices and sales growth in double digits. The company posted a net profit of $1.37 billion.

2 Aug 2011

ABM Resources Intersects 1.67 Million Ounce Deposit

The drilling program at the Twin Bonanza Gold Camp Project owned by ABM Resources is proceeding very well. The results from the Buccaneer Porphyry Gold Deposit have shown significant gold intersection of 0.52 grams per tonne over 427 meters.

1 Aug 2011