Polyus grabs all of legendary Sukhoi Log gold deposit

Market strategist Robert Griffifths reckons that many Western analysts and journalists just don't understand the driving forces behind gold and silver investment

Temporary suspension of Laverton (WA) mining operations due to cyclone-related rains Crescent Gold Limited (ASX: CRE, TSX: CRA) advises that as a safety precaution, it has temporarily suspended operations at the Company's wholly-owned Laverton Gold.

Barrick Gold reported on Thursday that net income in the fourth quarter was up 57% to US$947 million or 95 cents a share, a record result for the world's-largest gold miner. In the same quarter in 2009, Barrick reported US$604 million net income or 61 cents a share. The company produced 1.7 million ounces of gold at a total cash cost of $486 per ounce. Gold production in 2011 is expected to be similar to 2010.

Crystallex International Corporation has filed a request for arbitration against the government of Venezuela, and is seeking over US$3.8 billion in damages over a revoked mine contract.

Newmont/Buenaventura major Peruvian gold mine, Yanacocha, saw 2010 gold sales well below 2009 due to declining grades, but higher gold price compensates LIMA

The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax […]

Vancouver’s junior mining sector was abuzz with merger and acquisition activity Monday morning while gold prices edged upward on the Toronto Stock […]

Gold prices eased on Friday to below $1,360 an ounce, after Egypt’s vice president announced that President Hosni Mubarak is to step […]

IAMGOLD CEO Steve Letwin said the company’s Westwood gold development project in the Abitibi region of Quebec is expected to start production […]