Gold & precious metals company news

Canadian miner suspends Paraguay gold operations

A Canadian-run gold mine is shutting down in Paraguay because local gold-diggers and thieves invading and damaging the property have made it too dangerous to continue, the company said Wednesday.

Wits Gold together with Pan African Resources to acquire the operating Evander Gold Mine from Harmony for ZAR1.7 billion

Fairplay gold mine critics get help from Udall, Bennet

Community asking BLM to do full environmental impact statement By Summit Voice SUMMIT COUNTY — Fairplay residents fighting for a full environmental review of a proposed goldmine near a residential neighborhood got some political help last month, as U.S. Senators Michael Bennet and Mark Udall urged the Bureau of Land Management officials ito consider the [...]

Candidates mine gold in California

Political experts call California an ATM or a gold mine for presidential candidates.The Golden State lived up to its nickname in 2011: The major presidential candidates and several former candidates hauled $25 million from the state last year -- before a

Canadian company shutting down gold operation in Paraguay over security concerns

By The Associated Press ASUNCION, Paraguay - A Canadian-run gold mine operation is shutting down in Paraguay because local gold-diggers and thieves invading and damaging the property have made it too dangerous ...

Merc Completes Acquisition of Colomac Gold Mine

TORONTO , Jan. 26, 2012 /CNW/ - Further to its press release dated December 15, 2011 , Merc International Minerals Inc. ("Merc") (TSX Venture: MRK) is pleased to announce that it has completed ...

Gold-mine firm among school bidders

WESTON -- The shuttered Easton Elementary School could end up as a day care if the high bidders for the property have their way.

Junior Gold Producers 2

It only took eleven years, but in 2011 global gold-mine production has finally returned to pre-bull levels. In fact, with 2011’s volume expected to come in at around 88m ounces, we’ll see a new all-time production high. The latest exploration-and-development cycle is finally starting to bear fruit!

Santa Fe Gold Ramps Up Summit Silver-Gold Mine

Santa Fe Gold Corporation today reported that its Summit silver-gold mine in southwestern New Mexico is expected to achieve commercial production during January 2012. Mechanized long-hole mining of the ore body began in December 2011 and has proved to be very successful.