Pharaoh Gold Mines NL, Centamin's wholly-owned subsidiary, signed gold exploration contracts with Oman, Saudi Arabia, Ethiopia and Sudan.The company has already started exploration at four sites in Ethiopia with 2,000 miners at each site.Pharaoh Gold Mines also holds a concession for Egypt's Sukari gold mine considered among the top 10 gold mines in the world. Sukari has a weekly output of around...Read More
On June 14, 2012, MAG announced the results of an updated National Instrument 43-101 ("NI 43-101") compliant Preliminary ...Read More
Well, it’s been a few weeks, so I feel the need to take another painful visit to the penny stock mailbag. Previous episodes include how to find 14,849% (or go bankrupt) and why low volume trumps everything else.This time, Debra writes: “RE: Save the World Air (OTC:ZERO)? Is this a scam or does this have real potential? I’ve invested a lot of money over the last 6 years and, well,...Read More
Guatemala has jumped on the wagon that has been running through most of Latin America this year by proposing an increase of control over its natural resources.President Otto Perez Molina is pushing the Constitutional reform that will make possible for the government to acquire up to 40% of the mining and exploration companies operating in the country.The intended reform to 55 articles of the Cons...Read More
VANCOUVER, BRITISH COLUMBIA-(Marketwire - June 21, 2012) - Baja Mining Corp. ("Baja") (TSX:BAJ)(OTCQX:BAJFF) today announced that at the annual and special general meeting of shareholders held in Vancouver on June 21, 2012 shareholders voted to elect Lorie Waisberg, Tom Ogryzlo, Wolf Seidler, Stephen Lehner, Fran??ois Marland and Ken Murphy to the board.Shareholders also approved the amendment of...Read More
TORONTO, ONTARIO-(Marketwire - June 22, 2012) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company"), announced today that new exploration activities are underway on the Sierra Rosario and Battle Mountain Ridge royalty and option properties in Mexico and Nevada.SIERRA ROSARIO PROJECT, MEXICOIn Mexico, American Consolidated Minerals Corp. (TSX VENTURE:AJC), ("AJC") and International Northair Mi...Read More
WINNEMUCCA, NEVADA-(Marketwire - June 21, 2012) - Paramount Gold and Silver Corp. (NYSE MKT:PZG)(NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") reported today that results from four new shallow core holes on its 100%-owned San Miguel Project in Mexico confirm the continuity of mineralization along the 7.5 km. long Guazapares Megastructure. These holes were drilled into the 1.2 km...Read More
TORONTO, ONTARIO-(Marketwire - June 14, 2012) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) announced today its financial results for the three and six months ended April 30, 2012.SECOND QUARTER 2012 REPORT HIGHLIGHTSThe Company announced an updated measured and indicated ("M&I") mineral resource estimate, prepared in accordance with National Instrument 43-101 ("NI 43-101"), of...Read More
VANCOUVER, June 12, 2012 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA) is pleased to announce that it has completed the next stage of its permitting process at the Caballo Blanco project by submitting responses to the list of comments from the Secretar?-a de Medio Ambiente y Recurso Naturales ("SEMARNAT"), also known as the Ministry of Environmental and Natural Resources,...Read More
VANCOUVER, BRITISH COLUMBIA-(Marketwire - June 6, 2012) -NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Golden Reign Resources Ltd. (TSX VENTURE:GRR) (the "Company") announces that it has entered into an agreement with a syndicate of agents (the "Agents") led by Stonecap Securities Inc. ("Stonecap") in connection with a marketed, best efforts private placement of u...Read More
The government of El Salvador is warning that the future large-scale development of the gold and silver Cerro Blanco mine in southern Guatemala will greatly endanger the quality of water found in the Lempa River, which supplies water not only to Guatemala but also to Honduras and El Salvador.Salvador S??nchez Cer?(C)n, Vice-President of El Salvador, was quoted by Portal Minero as saying that he fe...Read More
The Caballo Blanco gold project consists of a series of vuggy silica breccias, high sulphidation, fully oxidized epithermal gold ...Read More
Critical Elements Corporation, Diamond Drill Holes, Mineralized Zones and Block Model II prepared by InnovExplo.Read More
Critical Elements Corporation, Diamond Drill Holes, Mineralized Zones and Block Model prepared by InnovExplo.Read More
Argent Vid?(C)os chois de l'?(C)diteur: On s'investit du 6 f?(C)vrier 2012 with Jean-S?(C)bastien Lavall?(C)e.Read More
An indigenous Ng??be-Bugl?(C) teenager was killed and 40 people were injured in connection with a police crackdown on dissent over mining and hydroelectric developments in Panama, where Canadian mining companies have a large presence.Since January 30, thousands of members of the Indian tribe Ng??be-Bugl?(C) had blocked the Inter-American Highway at San Felix in Western Panama, demanding the govern...Read More
Well, it was only a matter of time until the penny stock crowd petitioned InvestorPlace for advice.“Have you ever heard of Save The World Air, Symbol ZERO?” a reader recently wrote. “It’s a penny stock (that) just went from 28 to 40 cents… any comments what’s up?”The short answer on this penny stock investment: What’s up is rampant speculation. Not...Read More