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Gold Mining Company Financial Results : Gold-Ore Successful Transition to Profitable Gold Production


Gold-Ore Resources Ltd. announces that it has released its financial results for the year ended November 30, 2009. The Company’s audited consolidated financial statements and management’s discussion and analysis for the year ended November 30, 2009 are available.

Mining Trade Review : Gold, Copper and Nickel Improve as US Dollar Eases Against Euro


Gold mirrored crude oil’s movement and also got close to Monday’s levels, standing just short of US$1,120/oz on Saturday after slipping below US$1,100/oz during the week amid stronger US dollar.
The US dollar was under pressure on Monday and Tuesday following last week’s move by the Federal Reserve, which hiked the discount rate by 25 basis [...]

Gold Prices Steady Near Two-Week Highs


Gold prices steadied near two-week highs on Wednesday after rallying on a rise in the euro the day before, with investors continuing to take their cue from the single currency for direction.
In the near-term, if investors keep cutting short positions on the view they had sold the single currency too much on worries about Greece, [...]

Russian Mining Companies GV Gold Will Sell Shares to Fund Expansion


Russian mining company will sell shares in some of the largest stock market in the world, like Hong Kong, London, Moscow and Toronto this year to raise funds used to finance the expansion of a source of new mines.

China to Invest Billions Dollars in Canadian Mining Company


One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).

Southern Gold Increased Gold Mines Exploration And Drilling Activities In Kratie


Southern Gold Limited, a mining company that focuses on the exploration of gold mines, has announced a gold mining exploration plans with a high intensity in the region of Cambodia. Gold mine exploration plan is called “aggressive exploration program”. Increased intensity of gold mining exploration in Cambodia against the backdrop of many sources of gold [...]

Strategic Mining Plans To Expansion Gold Mining in U.S. and Vietnam


Strategic Mining Corporation plans to expand exploration gold mining areas in the U.S. and Vietnam. This mining company has completed negotiations to get some gold mining resources in the area of Nevada and Utah. Increased investment to get a new gold mine site aims to increase gold production in 2010.

Investment For Gold Mining Stocks Rose In The Year 2009


Investments in shares of gold mining companies to show indications of improvement in the year 2009. One of the factors that support increased investment in gold mining companies, because there is a trend increase in the price of gold.

Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150


The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]