2011



Salmon River posts resource at Mt. Manning North

The Mt. Manning iron ore deposit in the Yilgarn region of Western Australia has inferred resources of 124 million tonnes grading 25.4% iron at a cut-off grade of 20% iron, reports Salmon River Resources (SAL-V).



Richmont adds ounces at Monique and Wasamac

Vancouver – Richmont Mines (RIC-T) has released a resource estimate for its potentially near-term producing Monique gold deposit in Quebec shortly after issuing a resource update at Wasamac.


Welsh gold – the ‘rarest gold in the world’

London, U.K. – If you’re looking for expensive gold jewellery this holiday season -not just any old gold jewellery, mind you, but gold of such fine quality and such rarity as befits a royal family – you might want to consider passing on Welsh…


San Gold rises sharply on drill review

A review of drilling results at San Gold’s (SGR-T) Rice Lake mining complex in Manitoba did the trick, as the release seemed to remind the market of the projects prospectivity.


International Minerals completes PEA on Converse

At a base-case gold price of US$1,300 per oz. and US$25 per oz. for silver and throughput of 45,000 tonnes per day, an open-pit mine at International Minerals’ (IMZ-T) Converse project in Nevada returns a pre-tax non-discounted cash flow of…


Adriana joins forces with WISCO

Adriana Resources (ADI-V) is back up after dropping 15% yesterday as the company reported late in the day that it’s partnering with WISCO International Resources to develop and run the Lac Otelnuk and December Lake iron ore properties in…



Eldorado to buy European Goldfields

Eldorado Gold’s (ELD-T, EGO-N) proposed acquisition of European Goldfields (EGU-T, EGU-L) will enable Eldorado to increase gold production from about 650,000 ounces in 2011 to over 1.4 million ounces by 2014–or a rate of 30% on an…


More ounces lift Extorre

Extorre Gold Mines (XG-T, XG-X) took another step towards production at its Cerro Moro project in southern Argentina with the release of an updated resource estimate.


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