Gold

Gold traders did some value hunting ahead of the long weekend, sending the yellow metal to a two-day winning streak ahead of the Memorial Day weekend.

Lake Shore Gold Corp. (TSX:LSG)(NYSE MKT:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that as a result of high winds and smoke from a forest fire approximately 15 kilometres southwest of the Timmins West Mine, operations at the mine have been temporarily suspended.

White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announces that its wholly-owned subsidiary, Century Mining Corporation ("Century"), has received a notice from Deutsche Bank AG, London Branch ("Deutsche Bank"), advising that Deutsche Bank has elected to terminate its Forward Gold Purchase Agreement (the "Forward Agreement") with Century as a result of the occurrence and continuation of an event of default (the "Default").

Institutional investors tend to prefer investments that are thought to contain the potential for growth; growth = sprouts.

Victoria Gold Corp. (TSX VENTURE:VIT) "Victoria" or the "Company") ("Victoria" or the "Company") is pleased to announce that it has entered into a Purchase and Sale Agreement (the "PSA") with a wholly-owned subsidiary of Barrick Gold Corporation ("Barrick"), to sell its interest in the Mill Canyon Property (the "Property"), located in Eureka and Lander Counties, Nevada.

Alaska Dispatch has published an interactive map plotting Alaska's operating mines, active prospects and abandoned prospects.

Benoit La Salle is the founder, president and CEO of SEMAFO, a mining company that rates its work in sustainability and community building as high as it does its gold production.

Al Korelin chats with Marin Katusa (from Casey Research) about the precious metals and worldwide commodity markets. Marin also discusses Copper Mountain, a copper company he co-founded that has just released very positive earnings results.

World number two gold producer, Newmont Mining Corp. (NYSE:NEM), will spend $440 million on the controversial Conga mine project in Peru over the next 18 months, about two-thirds less than the $1.5 billion initially budgeted.