Resource Doubles At Homestake Silver Deposit at Homestake Ridge  VANCOUVER, BC – Bravo Gold Corp. reported that Roscoe Postle Associates Inc. (RPA) have completed their resource update for the Homestake Silver deposit, one of two deposits discovered to date at…

New Model For How Nevada gold Deposits Formed  RENO, NV – A team of University of Nevada, Reno and University of Nevada, Las Vegas researchers have devised a new model for how Nevada’s gold deposits formed, which may help in…

Newmont Gold Reserves Increase To 93.5 Million Ounces  DENVER, CO – Newmont Mining Corporation reported that it increased attributable gold reserves by 1.7 million ounces to 93.5 million ounces in 2010. Highlights include: Attributable gold reserves of 93.5 million ounces,…

Milestone For Mt. Hope Environmental Impact Statement   LAKEWOOD, CO – General Moly reported that the Bureau of Land Management circulated the second draft of the Mt. Hope project’s Preliminary Draft Environmental Impact Statement (PDEIS) to cooperating agencies. Cooperating agencies will…

Klondex Discovers High-Grade Gold Vein In Nevada   VANCOUVER, BC – Klondex Mines Ltd. reported new high-grade gold intercepts from its exploration-drilling program at its Fire Creek property in North Central Nevada. Results are based on assays for the remaining…

Barrick Receives Record Of Decision On Cortez Hills  TORONTO, ON – Barrick Gold Corporation reported that the federal Bureau of Land Management (BLM) has issued a Record of Decision (ROD) approving the Supplemental Environmental Impact Statement (SEIS) for the Cortez…

Newmont Announces Plan to Increase Annual Gold Production to Approximately 7 Million Ounces by 2017  DENVER, CO – Newmont Mining Corporation reports plan for the development of its current global portfolio of assets that would increase annual gold production to…

Exploration License for Basin Gulch Project  ATLANTA, GA – Dutch Gold Resources, Inc. reported that the State of Montana Department of Environmental Quality issued the company an exploration license for its Basin Gulch project. Drilling will commence in March 2011…

Successful NICO Pilot Tests LONDON, ON – Fortune Minerals Limited reported successful results for mini-pilot plant, gravity, and confirmatory flotation tests conducted at SGS Lakefield Research Limited on samples of ores from the Company’s 100% owned NICO gold-cobalt-bismuth-copper deposit in…

Molycorp Sold 638 Metric Tons In Q4  GREENWOOD VILLAGE, CO – Molycorp, Inc. reported that it sold approximately 638 metric tons of rare earth oxide (REO) products in the fourth quarter 2010, a 20% increase compared to 3Q 2010, and…