Gold

Natural resources have become a battleground in Peru’s election campaign where the left wing nationalist frontrunner wants more state control over country’s […]

Both gold and silver are having a bull run in India, but silver is definitely having the better run of late and […]

Finning International has announced that its Canadian division has been selected as the mining equipment supplier by Thompson Creek Metals Co for […]

Kinross Gold, recently cashed up from its stake sale in Harry Winston Diamond Corp., has now agreed to pay $350 million for full ownership of the Kupol mine in Russia. The mine would account for about 17% of Kinross' gold equivalent production in 2011. Reuters reports: Gold miner Kinross Gold Corp. said it signed an agreement to buy the stake it does not already own in Chukotka Mining and Geological Co for about $350 million, giving it full ownership of the Russian mining company.

Midway Gold Corp. (TSX.V and NYSE Amex: MDW) announces the results of a positive Prefeasibility Study of its Pan gold project located in White Pine County, Nevada. The accompanying National Instrument (NI) 43-101 technical report will be filed on SEDAR within 45 days. This NI 43-101 report was independently prepared by Gustavson Associates, LLC ("Gustavson") of Lakewood, Colorado, and concludes that the Pan Project is economically viable and amenable to heap leach mining operations, as summarized below.

nnounced today. Under the arrangement, Richfield shareholders will receive 0.9217 of a New Gold share for each Richfield share, valued at $10.38. The offer represents a 31% premium to Richfield's share price as of Friday's market close. The deal has been approved by both company's boards.

Speculators in gold and copper futures and options raised their net long positions in the week ended March 29, while they trimmed bullish bets in the silver market, according to the latest report by the U.S. Commodity Futures Trading Commission.

Denver-based Midway Gold is eyeing an additional underground resource at its Midway project in Nye County, Nevada. The company said on Friday that an NI 43101- compliant technical report updates a 2005 resource estimate that envisioned an open-pit mine. That estimate, prepared by Mine Development Associates, calculated an inferred low-grade resource of 5.5 million short tons containing 215,500 ounces of gold, with an average grade of 0.039 oz/ton.

Shareholders of New York-based Capital Gold (TSX:CGC) have approved a merger with TSX-listed Gammon Gold, BIV Business Today is reporting. The approval takes Timmins Gold Corp. out of the picture as a potential buyer of Capital Gold: