The company plans to spin off its West Australian gold properties into a new exploration company, to focus on its Thunder Bay North project in Ontario.
In a presentation posted on its website, the company said Tuesday it had 100 prospects in its global project pipeline with exciting ones in Egypt, Eritrea and Guinea.
The findings of a working paper by Indias central bank advise the Indian government to buy more gold to bolster the governments kitty.
The company said Saturday the miner who was trapped underground at its Kusasalethu mine in South Africa had died and that all operations remained suspended pending an investigation.
The next major step for the gold explorer/developer is project financing which on the low-end will be in the $375 million range.
Avion management buy up Avion stock after it plummeted 27% in the wake of a production guidance downgrade and a tough week for gold in general.
Despite regaining some ground in trade on Friday the yellow metal struggled over the week as Eurozone concerns flared again
UK-based pawnbroker says it traded well in the four months to end-October as hard-up Britons sold their gold for cash.
Active Australian gold explorer, Gryphon, today announced significant new drilling results at its Samavogo prbuy kittyospect.
Coeur dAlenes CEO, Mitchell Krebs, expects the prices of silver and gold to continue rising on healthy demand even as economic uncertainty persists.
As Lake Shore Gol
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