Shares of London-based Condor Gold (LON:CNR) went up almost 11% Wednesday, closing at 125 pounds, as it revealed final results from its latest drilling programme at its 100% owned La India gold project in Nicaragua, Central America.
Canadian Gran Colombia Gold Corp. (TSX:GCM), the largest underground gold and silver producer in the South American country, announced that senior managers and members of the board of directors have purchased a combined 380,000 common shares of the company.
Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three new, broad areas of gold mineralization.
Gold producer Newcrest Mining (ASX:NCM) resumed its operations at the Lihir project, in Papua New Guinea, following the resolution of a dispute lodged by the Lihir Mining Area Landowners Association (LMALA).
MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.
Australia’s largest listed gold company by market capitalization, Newcrest Mining (ASX:NCM), said Tuesday it had to suspend production at its flagship Lihir mine in Papua New Guinea, as protests from a local landowners’ group keep escalating.
Shares of Eco Oro Minerals Corp. (TSX:EOM) plunged over 50% on Tuesday to $94 cents in early trade after Colombia’s national mining agency scrapped most of its concession on environmental grounds.
The president of Venezuela's national mining chamber (Camiven), Luis Rojas, called the country leader Hugo Chavez to boost the local gold industry, as bullion production levels are close to historic lows.
Gold miner Perseus Mining (ASX & TSX:PRU) reported Tuesday a maiden profit of A$52.4-million for the 12 months ended June, after the company reported its first half year of commercial production.