August 22, 2011Barrick’s Earnings Increased 35% To $1.2 BillionBarrick’s Earnings Increased 35% To $1.2 Billion TORONTO, ON – Barrick Gold reported that net earnings for Q2 rose 35% to $1.2 billion from $859 million in the prior year period. Q2 adjusted net earnings increased 36% to a record…
August 18, 2011Minefinders Reports Increase In Gold And Silver ProductionMinefinders Reports Increase In Gold And Silver Production VANCOUVER – Mark Bailey, President and Chief Executive Officer of Minefinders commented, "We are pleased with our results for the second quarter and the year to date. Our initiatives to improve operations…
August 18, 2011Significant Increase In Copper Creek Exploration LandsSignificant Increase In Copper Creek Exploration Lands VANCOUVER, BC – Redhawk Resources, Inc. reported that its wholly owned subsidiary Redhawk Copper, Inc. has acquired significant additional exploration properties totaling approximately 21 square miles contiguous to the existing approximately 7…
August 18, 2011Pilot Gold To Expand Projects With 60,000 Meters Of DrillingPilot Gold To Expand Projects With 60,000 Meters Of Drilling VANCOUVER, BC – Matt Lennox-King, President and CEO of Pilot Gold said, "With a carefully managed treasury of almost $28 million in cash and short-term investments, no debt, and the…
August 18, 2011Hecla Reports Second Quarter 2011 Doubling of IncomeHecla Reports Second Quarter 2011 Doubling of Income COEUR D’ALENE, ID – Hecla Mining Company reported second quarter net income of $33.3 million. Second quarter silver production was 2.3 million ounces at a cash cost of $0.52 per ounce, net…
August 16, 2011Pre-Feasibility Study Results For Santo Domingo ProjectPre-Feasibility Study Results For Santo Domingo Project VANCOUVER – Capstone Mining Corp. reported results of the Pre-feasibility Study ("PFS") for its Santo Domingo Iron Oxide-Copper-Gold project in Region III, Chile. The Project is owned 70% by Capstone and 30%…
August 16, 2011Drilling Commences At Cerro Las MinitasDrilling Commences At Cerro Las Minitas VANCOUVER, BC – Southern Silver Exploration Corp. reported Phase II drilling on the Cerro Las Minitas project has started with one hole completed to date. The newly expanded, second phase of drilling anticipates…
August 16, 2011Dynacor Gold Sales Increase 59%Dynacor Gold Sales Increase 59% MONTREAL – Dynacor Gold Mines Inc. reported sales during the second quarter surged to $18.1 million compared to sales of $8.8 million in the second quarter of 2010, an increase of 106%. Dynacor sold 11,530…
August 16, 2011Eastmain Mine Project Drilling UnderwayEastmain Mine Project Drilling Underway TORONTO, ON – Eastmain Mines Inc., reported that a 15,000-metre drill program is currently underway on its Eastmain Mine property, located in James Bay, QuÄbec. The principal objective of the program is to expand…
August 13, 2011El Gallo Infill Drill Results & High Grade Mineralization DiscoveredEl Gallo Infill Drill Results & High Grade Mineralization Discovered TORONTO, ON – US Gold Corporation reported assay results from several different areas at the El Gallo Project, located in Sinaloa State, Mexico, including: 1) infill drilling to the…
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