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Barrick Gold Operation Continued Bulyanhulu Gold Mine in Tanzania


Bulyanhulu gold mines had closed several days due to a fatal accident, three miners trapped 900 feet below ground and can not be saved. Bulyanhulu gold mine is a gold mine operated African Barrick Gold. But on Friday, African Barrick Gold has announced that the Bulyanhulu gold mines have been operating again.
African Barrick Gold said [...]

Stirling Resources to Complete Agreement Recapitalization Monarch Gold


West Australian resources developer Stirling Resources advises it is completing funding and documentation arrangements for the A$15m recapitalizations of Monarch Gold with formal settlement to occur later this week.
Settlement date for the transaction is set for 26th February 2010 and on completion Stirling will own and control 35% of Swan Gold Mining Limited (the renamed [...]

Queenston Mining Reported New Drilling Results Expanding Gold-Copper Mineralization


Queenston Mining Inc. has announced that the new drilling results expand the gold-copper mineralization at their wholly owned Upper Beaver property. The property is located in Kirkland Lake, Ontario.
The ongoing drill program uses 3 rigs which provide infill drilling to upgrade the current NI 43-101 mineral resource as well as expands the deposit along strike [...]

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 [...]

Gold Ore Resources Reported Gold Production From Gold Mines Bjorkdal, Sweden


Gold Ore Resources is a mining company that focuses conduct development and gold mining exploration. Gold Ore Resources has a gold mine project in Sweden. Bjorkdal gold mine is one of the gold mines managed by Gold Ore Resources is located in Sweden.

Australian Iron Ore Producer, Atlas Iron Would Sell 70 Percent Stake In Iron Ore Mines Ridley


Steel maker China, India, Korea and Japan are interested in buying stakes iron ore mine owned by Australian iron ore producer, Atlas Iron Ltd. Purchasing stakes iron ore mines in order to anticipate competitive iron ore demand from steel manufacturers of the world.

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 [...]

Virginia Mining Company To Start Drilling Gold Mine In James Bay, Quebec


Virginia Mining Corp. is a mining company that has spread outside the drilling area in the Quebec region.
In near future Virginia Mining immediately begin drilling a gold mine in James Bay, Quebec. This mining company will drill six holes in a gold mine with an estimated drilling time for six months, the total area of [...]

Black Fire Minerals acquires Karibib Lithium Pegmatite Project in, Namibian


Diversified resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about $455,000.
The acquisition will be facilitated via Black Fire purchasing Sunrise’s private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]