Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company") is pleased to announce additional high grade intersections from a drill hole at Crosscourse Deposit, Union Reefs. The intersections were found in a broad zone of medium grade mineralization and numerous sections of visible gold were seen throughout the significant core length beneath the Crosscourse pit. The entire 181.2 meter length from 389.2 to 570.4 meters returned an average grade of 1.81 g/t Au.

The combination of White Tiger Gold (CVE:WTG) and Century Mining received approval on Wednesday from the Government of Canada under the Investment Canada Act. Century Mining will become an indirect subsidiary of White Tiger. "We appreciate the approval given by the Government of Canada. We are now one step closer to creating a larger, more diversified gold mining company with multiple properties in various stages of production and development in Canada, Russia, and Peru" said Daniel Major, President and Chief Executive Officer of Century and Dr. Geoffrey Cowley, Chief Executive Officer of White Tiger in a joint statement.

MELBOURNE, AUSTRALIA--(Marketwire - Oct. 13, 2011) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce that Ivanhoe Australia has finalised its acq...

The World Gold Council release a video this summer introducing a study it commissioned on how well gold performed within someone's portfolio to protect against inflation and deflation. The findings showed that gold performed well under both scenarios, and works well as a hedge against extreme events.

The Fed believes commodity prices are off their peaks and probably won't be picking up anytime soon. Minutes of the Federal Open Market Committee, which were released today, spelled out several factors contributing against an uptick in commodity prices. "Most participants anticipated that, with stable inflation expectations, significant slack in labor and product markets, slow wage growth, and little evidence of pricing power among firms, inflation was likely to decline moderately over time. Several suggested that slowing growth in the United States and abroad made a new surge in commodity prices unlikely."

Hecla Mining (NYSE:HL) paid the U.S. Government $77 million to settle a suit involving the Bunker Hill Superfund site in the Coeur d’Alene Basin. The United States Attorney Wendy J. Olson made the announcement on Tuesday. The money will be used to pay for clean-up activities, securing natural resources, and restoring critical habitats to fish and wildlife in the Coeur d’Alene River Basin. Hecla Mining is also on the hook for an addtional $42 million for clean up costs which will have to be paid by August 2014. Hecla has also paid damages to the Coeur d’Alene Tribe and the State of Idaho.

Jacobs Engineering Group Inc. JEC +3.06%announced today that it received new contracts in the fourth quarter of fiscal 2011 from seven clients in the Alberta Oil Sands to support steam assisted gravity drainage (SAGD) and bitumen upgrading expansion projects. Officials estimate the combined total construction value of the awarded projects at more than $1.4 billion. Project scopes include engineering procurement and construction (EPC), front end engineering and design (FEED), fabrication and construction management (CM) on a variety of mid- and large-cap projects.

Hecla Mining Company ("Hecla") HL +3.79% announces that it has reached an agreement with its lenders to increase the amount available under its undrawn secured revolving credit facility to $100 million from $60 million. The amendment is effective immediately and represents a new three-year term on the facility. The financial covenants and interest rate at LIBOR plus 2.75% to 3.5% depending on the leverage ratio of the Company, remain unchanged. The lenders for the credit facility are Scotia Capital and ING Capital LLC.

First Majestic (TSE:FR) announced that its Q3 silver production was 4% lower from the prior quarter and 6% lower from the same quarter in 2010. The company produced 1,708,865 silver ounces in Q3 compared to 1,780,379 in Q2. In early morning trading, the company's stock was up 20 cents to $17.69 a share. The company believes that silver production should increase due to operational improvements at La Parrilla, its Mexican mine. First Majestic completed a new 1,000 tpd flotation circuit, which will replace an old 425 tpd flotation circuit and will allow silver production to ramp up in the fourth quarter.