Gold – TomaGold Corporation (TSXV:LOT) and Quinto Real Capital Corporation (TSXV:QIT) launched a 2,500 metre drilling program on the Monster Lake gold property in Chibougamau, Quebec.
Gold – Gold prices started off the week trading higher based on Monday’s news that Federal Reserve Chairman Ben Bernanke believes the United States' economy has to grow more quickly to reduce the unemployment rate. Overall, spot market gold prices have appreciated slightly by about 0.7 percent this week.
Gold – Newmont Mining Corp said on January 5 it would pay more than $2 billion in taxes over the life of its proposed Conga mine inPeru after violent protests by residents and local politicians in the Cajamarca region -- where the operation is located -- since November. The protestors claim the Colorado gold miner’s activities will taint their water and affect a major aquifer.
Gold – Once the gold reserve at a mine has been exhausted, the owner of the mine must rehabilitate the site. Rehabilitation refers to the process of returning mined land to its preexisting condition or a predetermined post-mining use.
Gold – Operating the mine is a very exciting phase in the life cycle of a gold mine. Finally, after years of hard work and millions of dollars invested, a miner can start to see some returns.
Gold – Regardless of how valuable of a resource an exploration company discovers, the resource will never be brought to market unless the company can properly assess, and present, the total environmental and socio-economic impacts of going from buried resource- to mine, to reclaimed land.
Gold – The first step in developing a gold mine is selecting an area for prospecting. While this may seem boring and irrelevant to an investor looking into gold miners, this preliminary phase is the very foundation of a successful mining venture.
Gold – Uzbekistan is a land-locked country in Central Asia, once a member of the former Soviet Union. The country hosts impressive mineral reserves, including gold, copper, molybdenum, silver, zinc and uranium. The mineral sector has been the country’s main economic engine.
Gold – Premium Exploration Inc. (CVE:PEM) reports initial results of its potential mineralized structures at the Idaho gold project in north-central Idaho, USA.
Gold – Continental Gold Limited (TSE:CNL) reports results from fifteen diamond drill-holes from it's ongoing program at its Buriticá project in Antioquia, Colombia.
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