Vinasale gold mine is a gold mine located in Mining District in central Kuskokwim McGrath, Alaska. Mining site is estimated to have mining potential large enough. Placer gold deposits associated with some of these intrusions and recorded a total production of 2.5 million ounces.
Gold Canyon Resources Inc. is pleased to announce that it has recently completed the comprehensive review of its 100% controlled Springpole Gold Project, located in the Red Lake Mining District of Ontario, Canada.
Strategic Mining Corporation plans to expand gold mining exploration areas in the U.S. and Vietnam. This mining company has completed negotiations to get some gold mining resources in the area of Nevada and Utah. Increased investment to get a new gold mine site aims to increase gold production in 2010.
Mining company Mwana Africa has sold its 70% stake in the Konongo gold exploration project in Ghana under its option agreement with Australian-quoted Signature Metals.
Under the deal, 50m Signature shares...
IAMGOLD Corporation has announced the results from an updated preliminary assessment study on its wholly owned Westwood development project in Quebec, confirming its capability to...
The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low print of $ 1,010.90 an ounce.
Mexican court issued a temporary suspension order document mining exploration by mining companies Cerro San Pedro. Cessation of mining exploration of Cerro San Pedro affect the sale of shares of Canadian mining company New Gold on the Toronto Stock Exchange.
The increase in share price of New Gold mining company, climbed 45 cents, or 13 percent. Stock price increase is the largest stock price since May 12.
Gold Fields Ltd.’s biggest mine, Driefontein in South Africa, is producing at half its normal rate following an earth tremor on Dec. 7, the Solidarity labor union said.
“The night shift is not back yet, so they’re on half production,” Reint Dykema, a spokesman for the labor union, said by mobile phone today.
