Gold News

RSS

First Star Resources Announces Winter Drilling Results from LMS Property

First Star Resources has reported its 2011 winter drilling program results from its flagship LMS property in Alaska.

10 Jun 2011

Arcus Development Group to Commence Diamond Drilling at Dawson Gold Project

Arcus Development Group has mobilized the crews to the Dawson Gold project. The company has started the in-fill auger soil sampling and is expected to begin diamond drilling soon.

10 Jun 2011

Tanzania Looks to Increase Mining Taxes

In Tanzania the planning commission is considering introducing a super profit tax in the mining sector which would be similar to Australia’s resource rent tax. The country is amongst the top three gold producing nations in Africa.

From Barrick Gold Corporation 9 Jun 2011

Newcrest Downgrades Gold Production for 2011

Australian miner Newcrest has cut its output estimates for gold in the current year. Newcrest Mining said that a power malfunction at the Lihir mine in Papua New Guinea was the reason why they had downgraded the full year gold production guidance from 2.82 million ounces to 2.7 million ounces of gold in 2011.

From Newcrest Mining Limited 9 Jun 2011

Fairmont Resources Begins Exploration work at Marmion Property

Fairmont Resources has started the exploration at its Marmion South Contact Property. This property covers 8,208 ha around 200 km west of Thunder Bay in Ontario.

9 Jun 2011

Tintina Resources Reports Further Assay Results from Sheep Creek Project

Tintina Resources has announced further initial assay results from the drilling program at its Sheep Creek copper-cobalt-silver property in USA.

9 Jun 2011

Galahad Metals Completes Phase II Drilling Program at Regcourt Gold Project

Galahad Metals has finished the surface IP survey and the phase II diamond-drilling campaign at the Regcourt gold project.

8 Jun 2011

Sandstorm Gold Receives Positive Drilling Results from Aurizona Mine

Sandstorm Gold has received encouraging assay results from the recent six holes at the Aurizona mine, which is owned and controlled by Luna Gold.

8 Jun 2011

Wolverine Minerals Starts Exploration Work at Dawson Range Gold Belt Properties

Wolverine Minerals has begun the 2011 exploration program at its Dawson Range Gold Belt properties in central Yukon Territory. It has 17 gold properties in the Dawson Range district.

8 Jun 2011

Catalyst Copper Reports Additional Assay Results from La Verde Porphyry Project

Catalyst Copper has announced the assay results of the additional two holes from the present 20,000 m drilling program at the La Verde copper porphyry project in Mexico.

8 Jun 2011