Mining News
Gold prices close on upswing
ELKO - Gold prices were up today in trading later in the demand as investors turned to gold as a safe haven as tensions rise in the Middle East and bargain-hunting.Category: Gold News, Mining News
Midway says drilling confirms historic data
ELKO - Midway Gold Corp. announced drilling at its Gold Rock Project in White Pine County is verifying historic gold discoveries.Category: Gold News, Mining News
Report: Gold demand up in 2011
ELKO - Global demand for gold rose in 20 11 to the highest value yet and to the highest tonnage since 1997, according to the World Gold Council.Category: Gold News, Mining News
Newmont dividend up 133 percent
DENVER - Newmont Mining Corp. announced today its board of directors declared a gold price-linked quarterly dividend of 35 cents per share of common stock payable on March 29 to holders of record at tCategory: Gold News, Mining News
Quadra FNX receives court’s OK
ELKO - Quadra FNX Mining Ltd. today reported the Supreme Court of British Columbia has issued a final order approving the proposed sale of the company to the Polish mining company KGHM.Category: Gold News, Mining News
Kinross reports loss for quarter
ELKO — Kinross Gold Corp. announced a net loss of $2.78 billion, or $2.45 per share, in the fourth quarter of 2011 because of a goodwill writedown on the Tasiast Project in West Africa, but adjusted nCategory: Gold News, Mining News
General Moly provides loan update
ELKO — General Moly Inc. announced the Sichuan branch of the China Development Bank has confirmed the basic terms underlying a proposed $665 million term loan to finance the company's Mt. Hope ProjectCategory: Gold News, Mining News
Goldcorp earnings down in quarter
ELKO - Goldcorp Inc. on Thursday reported net earnings were down in the fourth quarter of 2011, but revenue was up to $1.5 billion.Category: Gold News, Mining News
Enexco says drill results favorable
ELKO - International Enexco Ltd. announced new drilling results from the Contact Copper Project in northeastern Elko County are encouraging.Category: Gold News, Mining News
Barrick’s net earnings dip slightly
ELKO - Barrick Gold Corp. today reported net income for the fourth quarter of 2011 of $959 million, or 96 cents per share, was similar to earnings in the 2010 quarter even as revenue rose on higher goCategory: Gold News, Mining News