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Gold Resource Additional Drill Rig to Accelerates Exploration at El Aguila Project
Gold Resource Corporation is pleased to announce an additional drill rig to accelerate exploration at its El Aguila Project, located in Oaxaca, Mexico.
Gold Resource Corporation expands its exploration program at its El Aguila project signing a new 6000 meter drill contract. GRC’s drill contractor, GeoDrill S.A. de C.V., has delivered the second drill rig to [...]
Soaring Gold Price Pumps Up Canada Miners’ Profit
Two Canadian gold miners reported a sharp jump in core profits on Wednesday, kicking off what promises to be a strong reporting period by gold miners on the back of the metal’s run to record levels last year.
Agnico-Eagle Mines and Iamgold both more than doubled their profit — excluding items — thanks the run up [...]
New Gold Shares On The Toronto Mexico Increases After A Court To Stop Mining At The Company’s Cerro San Pedro
Mexican court issued a temporary suspension order document mining exploration by mining companies Cerro San Pedro. Cessation of mining exploration of Cerro San Pedro affect the sale of shares of Canadian mining company New Gold on the Toronto Stock Exchange.
New Gold Get Legality To Continue Operation of Gold Mining Exploration in Cerro San Pedro Mine
Gold mining exploration activity in the Cerro San Pedro Mine suspended, after the Federal Court of Fiscal and Administrative Justice, SEMARNAT, the Mexican government’s environmental protection agency canceled Environmental Impact Statement of the mine which was issued in 2006.
Mexico Gold Production Increases, United States Gold Production Decreased
Report submitted by the USGS said gold production in Mexico has doubled while the United States gold production fell by approximately 35%. The same opinion delivered by the president Timmins gold mining companies. As known Canadian mining companies do a lot of gold mining exploration activities in Mexico.
Caza Gold Corp. To Purchase Gold Mining Exploration Property in Chihuahua, Mexico From Exmin Resources
Caza Gold Corp. announces that it has entered into a formal agreement to purchase two gold exploration property packages located in Chihuahua, Mexico from Exmin Resources Inc.
The Company is purchasing Exmin’s 100% interests in 49 mineral properties totalling 47,433 hectares, known as the Moris Exploration properties, in the Moris gold district of western Chihuahua where [...]
Mining Exploration and Mine Expansion Investment in Mexico Drop 25.3 percent in 2009
Investment in new exploration projects and mine expansions in Mexico will drop 25.3 percent in 2009 to $2.73 billion, compared with a year ago, as the financial crisis hits credit and metals prices, the national mining chamber said on Thursday.
Natural Gas Prices Jump 13 Percent
Natural gas demonstrated again how much it has split from the direction of crude, as prices spiked more than 13 percent despite an enormous glut in supply.
Apollo Gold Signs Agreement with St Andrew Goldfields To Open Black Fox Gold Mine
Apollo Gold Corporation is pleased to announce that it has signed an agreement with St Andrew Goldfields Ltd., in which St Andrew will mill 100,000 tonnes of Apollo`s Black Fox mine gold ore.
Apollo commenced mining open pit gold ore from its Black Fox mine in April 2009 and commenced milling of that ore at [...]
