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Sutter Gold Mining tours give way to $30 million hard rock lode project – TSPN TV NEWS

Amador County – Board members and officials of Sutter Gold Mining have waited patiently for Friday, which with placing a cornerstone ceremoniously marked the restart of underground gold mining operations in the Mother Lode after 50 years. Rick Winters, president of RMB Resources, and member of Sutter Gold Mining’s board of directors, said when permitting [...]

Haiti Gold Mining: Precious Metals May Be Way For Country To Move Forward – Huffington Post

TROU DU NORD, Haiti — Its capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti’s land may hold the key to relieving centuries of poverty, disaster and disease: There is gold hidden in its hills – and silver and copper, too. A flurry of exploratory [...]

Padcal mine output reaches P1.113B in April – Chicago Tribune

The country’s biggest miner on Friday said that the value of metals produced from its Padcal mine in Benguet province reached P1.113 billion in April this year. In a disclosure to the Philippine Stock Exchange, Philex Mining Corp. said that of the total amount, some P627 million is from gold, P474 million from copper, and [...]

Paulson Hedge Fund Said to Extend Slump With April Loss – BusinessWeek

John Paulson, the billionaire hedge- fund manager seeking to reverse record losses in 2011, lost 6.7 % last month in one of his largest funds as gold-mining stocks dropped, said two people briefed on the returns. The decline leaves Advantage Plus, which seeks to profit from corporate events such as takeovers and bankruptcies and uses [...]

Gold Dredge No. 8 a insider’s look at gold mining history – Fairbanks Daily News-Miner

If you go • Open: Mid-May to mid-September • Tours: 10:30 a.m., 1:45 p.m. • Time: 2 hours • Cost: Adults $34.95 • Info: 479-6673 FAIRBANKS – Fairbanks started out as a gold mining settlement. Today, the underpinning of the Fairbanks and Alaska’s economies is the oil carried by the trans-Alaska oil pipeline from the [...]

Elgin Mining and Gold-Ore Resources Announce Results of Shareholder Meetings – MarketWatch (press release)

May 01, 2012 (Filing Services Canada via COMTEX) – Elgin Mining and Gold-Ore Resources Announce Results of Shareholder Meetings Vancouver, British Columbia, April 30, 2012 – Elgin Mining Inc. /quotes/zigman/711507 CA:ELG 0.00% (“Elgin Mining”) [...]

Rock Energy Resources Provides April Month-End Update for Gold Mining … – MarketWatch (press release)

HOUSTON, Apr 30, 2012 (BUSINESS WIRE) — Rock Energy Resources, Inc. (otcqb:RCKE) today provided its monthly update on mining and related matters to the Company. Milling Operations, Sales and Cash Flows: Full operational capability on the 200 ton per day mill is anticipated to occur during the third week of May. Consequent to the start-up [...]

Newmont chief says Conga gold mine could be abandoned – Washington Post

The project faces stiff opposition from residents of the heavily mined northern state of Cajamarca who say they fear for their water supply. It has been suspended since December, when Newmont halted work out of concern for employee safety after a series of violent protests. Last week, President Ollanta Humala said Newmont, the majority investor [...]

Iamgold to buy Trelawney Mining for C$585 million – Reuters

By Euan Rocha TORONTO | Fri Apr 27, 2012 8:53am EDT (Reuters) – Canadian miner Iamgold Corp (IAG.N) (IMG.TO) said Friday it agreed to buy gold (free) exploration company Trelawney Mining (TRR.V) for about C$585 million in cash, in a move aimed at expanding its asset base within politically safe jurisdictions. Toronto-based Iamgold, whose largest [...]

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