Archive for the ‘Gold’ Category

Drilling Commences at Columbus Gold’s Scraper Project

Thursday, November 20th, 2008

Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that drilling has commenced on the Company's Scraper Project where joint venture partner Newmont Mining Corporation (TSX:NMC)(NYSE:NEM) can earn an initial 51% interest by undertaking staged annual exploration expenditures totaling US$5 million over a five year ...

Zimbabwe gold output plunges 64 percent

Thursday, November 20th, 2008

Zimbabwe's gold production plunged by 64.5 percent in October compared to the same period last year, the Chamber of Mines said Wednesday, underscoring the woes of the once-vital industry. Gold output in October was 125 kilogrammes in October, down from 352 kilogrammes in the same month last year, the chamber said. The ...

Research and Markets: Mining Industry - Global Strategic Business Report Includes Indexed, Easy-To-Refer, Fact-Finder Directory Listing

Thursday, November 20th, 2008

Research and Markets has announced the addition of the "Mining Industry - Global Strategic Business Report" report to their offering. The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the ...

Carpathian Doubles Multi-Million Ounce Gold Resource on the Rovina Valley Project, Romania

Tuesday, November 18th, 2008

Carpathian Gold Inc. is very pleased to announce its updated National Instrument 43-101 compliant Resource Estimate, as provided by independent consultants PEG Mining Consultants Inc. ("PEG"), on Carpathian's 100% owned Rovina Exploration License in central Romania, which hosts the Colnic Au-Cu Porphyry deposit ("Colnic"), the Rovina Au-Cu Porphyry deposit ("Rovina") ...

Alaska’s mineral industry now worth record $4 billion

Monday, November 17th, 2008

The total value of Alaska's mineral industry in 2007 set a new record of approximately $4 billion, up 13.3 percent from the 2006 level, the state Department of Natural Resources announced Nov. 5. The total value combines exploration and development expenditures with production value. The figure is used as a general ...

Kingsgate discovers new gold deposit

Friday, November 14th, 2008

Kingsgate Consolidated, owner of Thailand's biggest gold mine, discovered a new deposit near its Chatree mine. "This discovery has the potential for a new Chatreesize gold system or even larger," Gavin Thomas, chief executive officer of the Sydneybased company said yesterday in a statement to the Australian stock exchange. Early drilling ...

Many Asian Investors Hunting for Gold in Toronto

Friday, November 14th, 2008

The Asian investors believe that there is opportunity in every great crisis; and the gold mining industry's dramatic downturn--a surprising result of the global financial meltdown--is no exception to the rule, in their view. They see a physical gold shortage, which, coupled with recent actions by governments and central banks that ...

Kingsgagte reveals gold discovery in Thailand

Friday, November 14th, 2008

MINER Kingsgate Consolidated says it has made a new gold discovery in Thailand, sending its shares up almost 5 per cent. The discovery, to be known as Chokdee, was been made in the central Thai gold belt, 20km north of Kingsgate's existing Chatree gold mine north or Bangkok. "Ore-grade gold results over ...

Australia-China gold mine starts production in Jilin Province

Friday, November 14th, 2008

A gold mine jointly financed by an Australia-registered mining company and a geological prospecting organization in Jilin Province began production on Sunday. The mine, located 7 km from Baishan City, was financed by the Tonghua Institute of Geology and Prospecting and Sino-Gold Mining Ltd., a Sydney-based company. The Australian company's website ...

Lappland Goldminers AB (STO:GOLD) Lappland Goldminers Starts Mine Production At The Pahtavaara Gold Mine, Finland

Friday, November 14th, 2008

Lappland Goldminers AB (STO:GOLD) Lappland Goldminers AB (publ), listed on First North and the Norwegian OTC list, has decided, after completion of planning work, to start the mining production at the gold mine in Pahtavaara, Finland. The Company has completed the necessary planning work and arranged the required financing by loan ...