Ignored by big banks, smaller gold miners are paying more to expand

Goldcorp adds a cool $1 billion in market value as sector adds more than 5% on the day following a surprise spike in the gold price.

Early work is on time and on budget.

After months of quiet trade massive 82 tonne buy order lights fire under gold price, up nearly 4%.

Cost of mining and exploring for gold and silver in the country has increased 13% and 20%, respectively, over the past year.

The country's ’s new mineral resources law, which is awaiting the President’s signature, faces growing opposition as the mines minister, industry and opposition seek review.

Highest close since June 2008.

After the gold company admitted disclosure breaches on two occasions last year.

Several nearby properties recently reported prospective drill results.

Capital costs are expected to peak in 2014.