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Newmont Earnings Increase 79%, Quarterly Dividend up 50%

Newmont Mining Corporation (NYSE: NEM), one of the world’s largest gold producers, has announced second quarter adjusted net incomeof $377 million ($0.77 per share) compared to $211 million ($0.43 per share) in the prior year quarter.

From Newmont Mining Corporation 28 Jul 2010

Medoro Resources Releases Further Drill Results for Marmato, Colombia

Medoro Resources Ltd. (TSX-V: MRS), a gold exploration, development and mining company with a primary emphasis on Colombia, has announced results from 30 additional drill holes at its exploration program at the Marmato Project in Colombia.

27 Jul 2010

Lincoln Mining Reports on La Bufa, Mexico

Lincoln Mining Corporation, (TSX-V: LMG) a Canadian company exploring and developing prime gold and silver projects, has reported on progress at its La Bufa property in southwestern Chihuahua, Mexico.

From Lincoln Mining Corporation 27 Jul 2010

Leighton Holdings Wins $172 Million Indonesian Mining Contract

Leighton Holdings Ltd (ASX:LEI) recently announced that its Asia unit had won a five year mining contract worth AUD$172 million in Indonesia.

26 Jul 2010

Bendigo Mining and BCD Resources to Join Forces

Bendigo Mining (ASX: BDG) and BCD Resources (ASX: BCD) are joining forces to create a mid-tier gold company which can work on the Beaconsfield Gold Mine in northern Tasmania. BCD Resources was formerly known as Beaconsfield Gold.

From NQ Minerals Plc 25 Jul 2010

Freeport McMoRan Copper & Gold Reports Jump in Earnings

Freeport McMoRan Copper & Gold Inc. (NYSE:FCX) has reported a 10% rise in its second quarter earnings.

22 Jul 2010

Rio Alto Mining Gets Go Ahead for Peruvian Gold Mine

Rio Alto Mining Ltd. (TSX:RIO) has received mining permits from the General Bureau of Environmental Affairs (DGAA) of the Ministry of Energy and Mines (MEM) of Peru for the La Arena resource in north central Peru.

22 Jul 2010

Newcrest Announces Jump in Production

Newcrest Mining Ltd. (ASX:NCM) has recorded a 32% increase in its Q4 2009/2010 production. A year ago it produced 397,826 ounces of gold in the same quarter, and this year it produced 526,131 ounces of gold.

From Newcrest Mining Limited 22 Jul 2010

Argonaut Gold Boosts Production at El Castillo

Canadian Gold mining company Argonaut Gold (TSX:AR) has recorded an increase of 57% in gold production in the second quarter. Argonaut produced 10,062 oz of gold during this time frame.

21 Jul 2010

$3.2 Billion Investment in Pakistan Gold/Copper Resource

A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.

From Barrick Gold Corporation 20 Jul 2010