“Daily updated mining exploration news on gold mining project”—- -Gold Reserve Inc.  today announced that its Board of Directors unanimously voted to reject Rusoro Mining Ltd.’s (“Rusoro”) ( unsolicited offer of December 15, 2008 (the [...]

“Daily updated mining exploration news on gold mining project”—–Northern Gold Mining Producer   has completed its 2008 drill programs and provides this update on the results from its Kirana property in the Kirkland Lake, Ontario area.
Northern Gold Mining drilled 13,524 metres at the Fidelity area on the Kirana Project beginning in summer 2008. Forty drill [...]

“Daily updated mining exploration news on gold mining project”—–New Gold Inc suspended mining at Amapari mine in Brazil and placed it on temporary care and maintenance, saying it would not be cost-effective to process the limited remaining oxide reserves there.
The company, whose shares were down 5 percent in morning trade, said it would also [...]

“Daily updated world mining exploration project news”—- Linear Gold Corp. plans to acquire Central Sun Mining Inc. in a friendly stock swap that will create a company that’s aiming to produce 130,000 ounces of gold annually.
Initial production for the enlarged Linear Gold, assuming the deal is completed as planned, will be 45,000 [...]

“Daily updated world mining exploration project news”—–– African Queen Mines Ltd. announces that it has provided formal notice of abandonment to Bobcat Mining Limitada (”Bobcat”) with respect to the Braganza Gold Project in Mozambique (the “Project”). The Company has the right to earn up to a 75% interest in the Project pursuant to the [...]

“Daily updated world mining exploration project news”—–Guinea, the world’s top bauxite exporter, will renegotiate all mining contracts and freeze gold extraction until further notice, the leader of a junta that took power in a recent coup said Saturday.
“We have blocked the mining sector,” Captain Moussa Dadis Camara said in a speech. “There will be a [...]

“Daily updated mining exploration news on Mining company”—-Houston Lake Mining Inc. an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that the Phase II 22 hole, 2,232m (7,321 ft.) diamond drill program has been completed in the vicinity of the Shaft Zone. [...]

“Daily updated mining exploration news on Gold Prices”—–Gold increased for the first time in three days in London as a weaker dollar increased the appeal of the metal as an alternative investment to the U.S. currency.
The dollar fell to an 11-week low against the euro last week after the Federal Reserve cut interest rates to [...]

“Daily updated mining exploration news on Gold Mining Companies and Project”—–Prospects that some major gold mining companies in Tanzania will follow Barrick Gold Tanzania exemplary of “goodwill gesture“ of paying advance corporate tax look imminently hard to pin down.
Way back in October 2006, mostly acting under government`s threats on freezing gold miners` bank accounts [...]

“Daily updated mining exploration news on Gold Mining”—- Gold Reserve Tuesday asked an Ontario Superior Court of Justice to grant an injunction restraining Rusoro Mining and its financial advisor Endeavour Financial International from continuing with Rusoro’s hostile bid for the Spokane-based gold company.
Rusoro, which launched a $49.8 million all-stock hostile bid for Gold Reserve Monday, [...]