The miner's third-quarter operating profit increased to $49.5 million from $29.3 million a year earlier, boosted by the surge in the price of gold. TORONTO (Reuters) - New Gold said on Friday its third-quarter operating profit was boosted by the surge in

The company's board has approved a strategy that envisages investments to the tune of $35 billion between 2011 and 2025 to expand its resource base and raise output. The board of Russian miner Norilsk Nickel has approved a strategy that envisages

Highlights Fine gold production for the quarter was 16,348 ounces. Gold Sales for the quarter were A$35.49m Milled ore for the quarter was 39,056 tonnes at 12.42 g/t gold recovered, of which 27,967 tonnes at 14.67 g/t gold recovered was from Wattle Dam

Highlights Maiden drill program at Excelsior gold project in Nevada returns multiple zones of shallow, oxidised gold mineralisation over a total strike length of 2.2km including: GE08: 7.6m at 5.1g/t Au from 93.0m GE14: 7.6m at 2.9g/t Au from 19.8m GE02:

Burey Gold Limited (ASX : BYR) is pleased to report assay results from the recently completed first pass reverse circulation (RC) and diamond core drilling program on five regional radiometric anomalies at its Balatindi Licence in Guinea. All RC sample

Highlights Corporate Strategic options review progressing Available funds of A$31.4 million at 30 September 2011 Assay results for Measured Resource drilling continue to deliver excellent results New resource estimate is underway and expected for

- Auryx Gold Corp. ("Auryx" or the "Company") (TSX: AYX, NSX: AYX) is pleased to announce the filing on SEDAR of its NI 43-101 Preliminary Economic Assessment on the Otjikoto Project prepared by SRK Consulting (South Africa) Pty Ltd. dated October 25,

Avocet's third-quarter gold production at its flagship Inata mine in Burkina Faso fell to 33,256 oz from 39,423 oz in the previous quarter, weighed down mainly by lower grades and an equipment failure. (Reuters) - West Africa-focused Avocet Mining

The Colombia junior exploration story generated more buzz Thursday as Beaty's Lumina Capital financed CB Gold. HALIFAX, NS - A financing fever continues to grip Colombia-focused juniors as Lumina Capital, founded by renowned mining-mogul Ross Beaty,

Gold-producer Claude Resources (TSX: CRJ; NYSE: CGR) sweetened its bid for St. Eugene Mining (TSX-V: SEM) in a now friendly all-share takeover offer.

Fortescue's CEO, Nev Power, told a media conference on Wednesday that iron ore prices will continue to plummet as long as Chinese steel mills continue destocking inventories. Iron ore prices will continue to face downward price pressure until Chinese

At first, due to a typo, it looked like Iberian had hit high-grade gold. But with a quick correction, gold turned to silver. HALIFAX, NS - Iberian Minerals (TSX-V: IZN) discovered a new zone of copper-zinc-lead-silver not far from its operating Agua