Gold

Astur Gold, based in Vancouver, is exploring for gold in northern Spain. The company’s Salave property is located a few kilometres from the village of Tapia on the Spanish coast. The company has released its preliminary economic assessment. Astur Gold CEO Cary Pinkowski talks about the study:

Newcrest today reported a staggering intersection of copper gold - 883 metres grading 2.15% copper and 2.23 grams/tonne gold at its Wafi-Golpu project. The project is part of the Morobe Joint Venture with Harmony Gold of South Africa and Wafi-Golpu is seen as the next project to develop after the now established Hidden Valley gold project in the Morobe region.

Tasman Resources says the latest drilling on its Vulcan prospect near Olympic Dam shows evidence of “significant” iron oxide copper gold uranium […]

The latest reports out of China put consumer gold demand in the first 2 months of the current year at a phenomenal […]

Vancouver-based Monument Mining Ltd. is moving ahead with a Phase 3 expansion plan for its Selinsing mine and gold treatment plant in Malaysia. The expansion includes an additional milling, gravity and leach circuit. The expansion will lift the treatment plant capacity from 400,000 tonnes per year to 1 million tpa.

NovaGold Resources said Thursday it plans to "vigorously defend " a lawsuit filed against the company by Copper Canyon Resources Ltd. The notice of claim filed by Copper Canyon "alleges that Copper Canyon's right of first refusal with respect to the Copper Canyon property has been triggered as a result of arrangements between NovaGold and the Galore Creek Partnership, and seeks specific performance of the right of first refusal. NovaGold denies that the right has been triggered or that it has breached any obligations respecting the Copper Canyon property."

Romios Gold Resources announced that a 2010 mapping project from the British Columbia Geological Survey confirmed Romios' previous claims that the Dirk property mineralization is analogous to and may be as large as the Galore Creek project. Samples collected by Romios from the Dirk property produced numerous anomalous values including a 3.0 metre chip sample of 6.21% Cu, 0.57 g/t Au, and 44.1 g/t Ag. The BCGS also reports values up to 21 ppb platinum and 64 ppb palladium from samples that they collected from the Dirk property.

As the Arab League gathers in Cairo to discuss Libya violence, gold and silver strong with the former close to its record […]

The combination of increased production, strong cost control and metal prices made 2010 the best year in Fresnillo’s history, says CEO Jamie […]