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Western Sierra Mining Signs Tentative Agreement to Expand Silver Cord Mine

Western Sierra Mining had signed a tentative agreement with the owners in order to develop the Silver Cord mine, which is situated in central Arizona.

From Western Sierra Resource Corporation 25 Apr 2011

Namibia Expecting $3.5 Billion Mining Investments

Namibia is expecting about $3.5 billion worth of investments into its mining sector over the coming five years. As per the Mines and Energy Minister Isak Katali, the mining industry accounts for 15% of its total economic output in terms of GDP in the financial year ending March 2011.

21 Apr 2011

Wayne Swan Says Less Tax Revenue from Mining than Expected

The Australian Treasurer Wayne Swan spoke to the Queensland Media Club and told them that there would be no rivers of gold from the mining industry in the upcoming budget.

21 Apr 2011

Sandstorm Gold Receives Positive Drilling Results from Aurizona Mine

Sandstorm Gold has received positive assay results from seven new drill holes at the Aurizona mine, which is possessed and run by Luna Gold.

21 Apr 2011

Mercer Gold Continues Recent Drilling Analysis at Guayabales Gold Property

Mercer Gold is continuing additional testing on the latest drilling at its Guayabales Gold Project, near Marmato town.

21 Apr 2011

Manson Creek Resources Begins 2011 Exploration at Virgin Arm Gold Project

Manson Creek Resources has announced that the exploration program for 2011 is ongoing at the Virgin Arm gold project in Newfoundland. The company will begin a comprehensive soil sampling program for the 18.6 line kilometer.

21 Apr 2011

Castle Peak Mining Mobilizes Diamond Drill Rig to Nkwanta Concession

Castle Peak Mining has entered into an agreement with Reflex Drilling and has moved a diamond drill rig to the high-preference targets on the Nkwanta concession.

21 Apr 2011

Benton Resources Buys Abernethy Gold Project

Benton Resources has purchased 100% interest in the Abernethy gold project. This project is situated 10km southwest of Kenora, Ontario.

21 Apr 2011

Meadow Bay Gold Reports Drilling Results from Colorback Gold Project, Nevada

Meadow Bay Gold has released the drilling results from its Colorback gold project, which is situated between Pipeline and Hilltop Gold deposits of Barrick, Nevada.

21 Apr 2011

Newcrest's Gold Output Falls 16%

Newcrest Mining has cut down its guidance for gold output for the full year thanks to flooding and suspension of mining operations at the Bonikro mine.

From Newcrest Mining Limited 20 Apr 2011