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Latest Stories

Paramount Gold and Silver reports significant intercepts on Don Ese and La Union deposits on its San Miguel project including 17.6 meters grading 2.75 g/t gold and 166.8 g/t silver

WINNEMUCCA, NEVADA--(Marketwire - Jan. 31, 2012) - Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") today reported new assay results from ongoing core drilling at its 100%-owned San Miguel Project in Mexico. The reported drill holes come from the high-grade gold and silver deposits of Don Ese North and La Union.

Argus receives title and uranium licence for the large-scale, drill-ready Kaituma uranium/gold project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - Argus Metals Corp. (the "Company" or "Argus") (TSX VENTURE:AML) reports that the Guyana Geology and Mines Commission has granted and signed Argus' PL29/2011 licence. This licence allows for the exploration of uranium, gold and precious elements. PL29/2011 is west of, and contiguous with Argus' PL53/2009 licence, which also allows for the exploration of uranium, gold and precious elements. With PL29/2011 in place, Argus now holds the full 10 x 1 kilometre extent of the Kaituma uranium target and plans to execute a drill program on the project as soon as technically and financially feasible.

Poluys fill the vaults ahead of listing, Kinross takeout rumours swirl

In a trading update Monday Russia’s Polyus Gold International, owned by Mikhail Prokhorov, announced a 8% increase in gold production to just under 1.5 million ounces which boosted earnings 40%. Prokhorov, a Vladimir Putin rival in upcoming presidential elections, is also readying his firm for a London listing after which he says he wants to do a major deal.