Barkerville Gold Mines (BGM:CVE) much anticipated 43-101 technical report was made available late Monday night, showing the total potential of the Island-Cow-Barkerville Mountain Trend containing up 40 to 90 million ounces of gold.
Waymar Resources (TSX-V: WYM) rocketed on Monday on 24 times higher than usual trading volumes, after announcing the best drill results yet from its Anza project in Colombia.
While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like diamonds and precious metals.
Zijin Mining Group Co, China's largest gold producer by output, said Saturday that its net profits slumped 19.95 percent year-on-year in the first half of 2012 as the world's economic weakness and shrinking demand weighed on global gold prices.
South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.