October 6, 2011

San Gold Reports Strong Quarterly Gold Production, Exploration Results, and Provides Notice of Third Quarter 2011 Financial Results Conference Call

San Gold Corporation CA:SGR +8.92% (otcqx:SGRCF) ("San Gold" or the "Company") reports preliminary operating results for the third quarter of 2011 and is provi

October 6, 2011

Turkey may import around 70 tonnes of gold in 2012

The chairman of the Istanbul Gold Exchange was quoted Wednesday saying he expected Turkey to import around 70 tonnes in 2012, similar to 2011, as higher prices and a weaker…

October 6, 2011

Semafo Q3 sales rise on higher gold output

Semafo Inc's third-quarter revenue jumped 19 percent, helped by higher gold output at its Mana mine in Burkina Faso, west Africa.

October 6, 2011

Alamos Gold Lifts Production 9 pct at Mexico Mine, Revs Climb 38 pct; Reaffirms Guidance

Alamos Gold Inc. (AGI.TO) said Q3 production at its flagship Mulatos mine in Mexico rose 9% over year-ago levels, reaching 33,000 ounces at a cash operating cost per ounce.

October 6, 2011

Ivanhoe gains 13% after Mongolia backs down on Oyu Tolgoi

Shares of Ivanhoe Mines (TSE:IVN) and Rio Tinto (ASX:RIO) both gained today on news that Mongolia has backtracked on a demand for a greater share of the massive Oyu Tolgoi…

October 6, 2011

Animas Acquires Large Gold Property in the Sonora Gold Belt, Mexico

Animas Resources Ltd. (TSX VENTURE:ANI) ("Animas" or the "Company") recently acquired a large property position within the Sonora Gold Belt of western Sonora State, Mexico, called the Desierto Project by…

October 6, 2011

Nautilus closes C$27.6 million final tranche of private placement

Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) has received gross proceeds of C$27.6 million from the issue of the second tranche of shares forming the final part of the private placement announced in…

October 6, 2011

Gold Resource Corporation Increases Third Quarter Production by 87%

COLORADO SPRINGS, CO--(Marketwire - Oct 6, 2011) - Gold Resource Corporation (NYSE Amex: GORO) confirms its record production forecast for the third quarter ended September 30, 2011 with preliminary production…

October 6, 2011

$70-million mill and mine upgrade for gold producer

Philippines-focused gold producer Medusa Mining is set to under-take a $70-million remodelling of its current Co-O mill and mine site in order to increase its yearly production target to 200,000…

October 6, 2011

Marathon Gold finds high-grade ore in Newfoundland

Reuters reported that Marathon Gold?s (TSX:MOZ) shares rose following the announcement of a gold discovery in Newfoundland. As quoted in the market news: Shares of the Toronto-based company were trading…