Hundreds of Gold Deposits, but a Good One is Rare
Gold – The world holds 439 deposits with over 1 million ounces of gold, but most of them aren't likely to become mines for decades.
Articles Tagged "gold mines"
Gold Rush 2.0: Prospecting in Alaska, Wisconsin and Beyond.
Gold – From Alaska to Scotland, surging gold prices and economic doldrums are pushing miners to strike for yellow metal wealth.
Cream Minerals Reports In-Fill Drill Results for the Dos Hornos 1 Zone, Nuevo Milenio Silver-Gold Project, Mexico
Gold – Cream Minerals Ltd. (TSXV:CMA,OTCBB:CRMXF,FWB:DFL) provided in-fill drilling results for the Dos Hornos 1 zone, one of three higher grade silver and gold zones associated with quartz veins and quartz stock work zones.
Gold Royalties
Gold – Even as the price of gold has shown considerable upward volatility this year, gold royalties have escaped much of the consideration that has been offered for exposure through gold equities, gold bullion, or gold exchange traded funds.
Minefinders Q4 Profit Rises on Higher Silver Production
Silver – Reuters reports that Minefinders Corp (TSE:MFL) reported higher fourth-quarter results on increased silver production, and forecast higher gold and silver production for this year.
International Minerals Reports Increased Resource Estimate at Inmaculada Gold-Silver Project
Silver – International Minerals Corporation (TSE:IMZ) reported an updated, increased mineral resource estimate for the Inmaculada gold-silver project in Peru.
29.6 meters Averaging 19.61 grams/tonne Au, in Drilling at Jerritt Canyon, Nevada
Gold – Yukon-Nevada Gold Corp. (TSE:YNG) announced additional assay results from its ongoing 2010 and 2011 Smith Mine underground drilling program at its gold production Jerritt Canyon property in Nevada, USA.
Drilling at Gossan Hill Intersects 9.73 g/mT Gold
Gold – Callinan Mines (CVE:CAA) continuing exploration program at Gossan Hill has located gold mineralization in each of 12 holes for which assay results have recently been received.
Centamin Says Sukari as Normal, Unrest Caused ‘Disruptions’
Gold – Bloomberg reports that Centamin Egypt Ltd. ( LON:CEY), a gold company operating in the North African country, says political upheaval has caused “mild disruptions” and that all employees have returned to work at its Sukari mine.
Newmont 4Q Profit Leaps on Higher Gold Prices
Gold – Bloomberg reports that Newmont Mining Corp. (NYSE:NEM) said its fourth-quarter earnings jumped 45 percent on the rising price of gold and increased production, although the company warned that production will later drop because of problems at mines in Australia and Indonesia.
