Posts Tagged ‘british’

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Great Basin Gold misses production targets: Wednesday Market Roundup

Wednesday market sentiment was jittered by the never-ending Greek debt negotiations story. Main indices recovered some of the ground lost earlier in the morning but some of them were still low in the afternoon session. The Dow Jones Industrial Average was down 17.98 points or -0.14% to 12,860; the Nasdaq Index recovered and marched into green territory scoring a 2.06-point gain or +0.07% to ... Full story

The Yukon gold rush simplified: A guide for investors, Part One

This is the first of a series of short articles aimed at the lay person or investor wanting to understand the present-day gold rush in the Yukon. Background information (geography, geology, history, and mineral deposits) as well as basic terminology, exploration techniques, and how an explorer can be successful or fail miserably will be explained in simple to understand terms.  In the end we ... Full story

Royal Gold Reports Record Revenue and Net Income for Second Quarter Fiscal 2012

Record royalty revenue totaled $68.8 million, a 22% increase year-over-year Record net income rose 28% year-over-year to $23.4 million, or $0.42 per basic share Operating cash   flow totaled $29.3 million Mt. Milligan gold interest increased to 40% Gold and silver interests purchased on Tulsequah Chief project Raised $268.4 million in January 2012 DENVER–( BUSINESS WIRE )– ROYAL GOLD, INC.  (NASDAQ:RGLD) (TSX:RGL) today announced record ... Full story

Imperial Metals Corporation: Red Chris Mineral Resource Tonnage Increased by 103%

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 2, 2012) -   Imperial Metals Corporation (TSX:III)  reports a tonnage increase of 103% in the Measured and Indicated Resource at its Red Chris copper/gold deposit. The 2012 Technical Report (1)  (“2012 Report”) includes assay results from 62 diamond drill holes totalling over 69 thousand metres completed since the May 2010 resource update Full story

Dilute this! Traders tear 11% off NovaGold after it goes overboard with new shares

Novagold was clobbered on Thursday after it added almost 10 million shares to its bought deal offering. The explorer whose main asset is a JV with Barrick in Alaska increased the offer to $332 million but sold to institutions at $9.50/share, 8% below the closing price yesterday. Retail investors duly marked the stock down and during the firs half hour of trade Novagold, listed ... Full story

Brixton Metals Announces Flow-Through Financing

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 1, 2012) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES Brixton Metals Corporation (TSX VENTURE:BBB) (the “ Company ” or “ Brixton “) is pleased to announce that it has entered into an agreement to complete a brokered private placement financing (the “ Private Placement “), on a “best efforts” agency basis, ... Full story

Auriga Gold to Acquire the Prosperity North Property, British Columbia, from Pioneer Metals

TORONTO, ONTARIO–(Marketwire – Feb. 1, 2012) -  Auriga Gold Corp. ( TSX VENTURE:AIA ) (“ Auriga Gold ” or the “ Company “) is pleased to announce it has entered into an agreement to purchase a 100% undivided interest in a 12,622 ha (126 km 2 ) property consisting of 29 mining claims named the Prosperity North Property in the Clinton Mining Division of ... Full story

Scotgold expects licence for Loch Lomond gold-silver mine in May

Scotgold Resources ( LON:SGZ ) announced Tuesday it expects to receive a mining lease from the Crown for the Cononish gold and silver project  in May this year. Full story

Natives cynical as Prosperity Mine environmental review begins

The native group opposing the Prosperity Mine in northern British Columbia has little faith in the just-launched federal environmental review of the project, CTV News reports. Chief Joe Alphonse, leader of the Tsilqhot’in National Government, told CTV the approval of Prosperity is “a foregone conclusion,” given the Harper government’s attitude towards hearings currently underway on the Northern Gateway oilsands pipeline: “We feel the writing’s ... Full story

St. Eugene Receives Final Court Approval for Transaction with Claude Resources Inc. and Satori Resources Inc.

TORONTO, ONTARIO–(Marketwire – Jan. 23, 2012) – St Full story
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