Latest Gold Stories

VIRGINIA CITY, Nev., Sept. 19, 2012 /PRNewswire/ -- Comstock Mining Inc. (the "Company" or "Comstock") (NYSE MKT: LODE) announced today that its Merrill-Crowe Plant has been fully commissioned and the Company has been running solution containing robust concentrations of gold and silver through the Merrill Crowe process. The plant is operating in equilibrium with the current heap flow rate of approximately 500 gallons per minute. After the gold and silver precipitate sufficiently...

NEW YORK AND MONTREAL, Sept. 17, 2012 /PRNewswire/ - Canwealth Minerals Corporation and partner ICBS Ltd., (OTCPK: ICBT),)   is pleased to announce the second set of assay results for the Highland Gold property received Sept 12, 2012. As expected the assay results are consistent with previous results of Aug 22, 2012. Based on these results a further expansion of the grab sample area has been planned to the east and south of "on surface" grab samples # 006HG .005 Gold, #007HG .006...

NEW YORK, Sept. 11, 2012 /PRNewswire/ -- Global Gold and Silver, a leading New York-based company offering cash for gold services, is pleased to announce they are one of the only gold buyers on or offline that offers trained evaluations of gold, silver, and jewelry to customers. "At Global, we recognize that the first step is to provide truly exceptional service," said Global Gold and Silver CEO and President, Steven Madar. "Unlike most gold buyers, our staff will take the time to...

LAS VEGAS, Sept. 11, 2012 /PRNewswire/ -- Patriot Gold Corp. (OTC: PGOL), a gold resource and exploration company, today announced that an updated resource estimate performed by Scott E. Wilson Consulting Inc. of Denver, Colorado on its Moss Gold-Silver Project in Mohave County, Northwestern Arizona, has resulted in an increase to 956,800 ounces of Measured and Indicated gold equivalent resources and 199,100 ounces of inferred gold equivalent resources. Scott E. Wilson Consulting...

TOKYO, September 6, 2012 /PRNewswire/ -- The World Gold Council's most recent quarterly Gold Demand Trends report revealed that in the second quarter of 2012 over 112 tonnes of gold with a value of US$5.8bn were used for various technical applications. Demand is currently dominated by the electronics industry, which means that gold is often hidden away in many everyday objects and devices we take for granted, quietly and effectively helping to connect and develop communities...

VANCOUVER, Sept. 5, 2012 /CNW/ - The table published in Sunward Resources Ltd.'s ("Sunward" or the "Company") (TSX: SWD) (OTCQX:  SNWRF) press release dated September 4, 2012 contained errors in the gold equivalent (Au Eq g/t) and grade thickness columns. The table with corrected figures is included below. Tables showing the Mineral Resources at Titiribi also are included below. ABOUT SUNWARD: Sunward Resources is a well-capitalized, Canadian-based company focused on the...

JOHANNESBURG, September 3, 2012 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC East) on the West Rand in South Africa continue to engage in an unlawful and unprotected strike. Approximately 12,000 employees are participating in the strike which started with the night shift on August 29. To date three night shifts as well as two day shifts have been lost....

JOHANNESBURG, August 31, 2012 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) regrets to announce that employees of the East Section of the KDC Gold Mine (KDC) on the West Rand in South Africa have been engaging in an unlawful and unprotected strike since the start of the night shift on Wednesday, 29 August 2012. Approximately 12,000 employees are participating in the strike and to date two night shifts as well as two day shifts have...

VANCOUVER, Aug. 30, 2012 /PRNewswire/ - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results as a follow up from the Preliminary Deep Hole Preliminary Results released on July 9(th), 2012. The expanded LONG Bars zone deposit on the Granada Gold Property represents potentially one of the largest undeveloped gold deposits along the Cadillac trend in north-western Quebec, located 5 km south of...

LOS ANGELES, Aug. 28, 2012 /PRNewswire/ -- The price of gold reached a four-month high of $1,674.28 per ounce on August 24, 2012, as a result of speculation concerning yet a third round of quantitative easing and dismal U.S. economic reports. Capital Gold Group CEO, Jonathan Rose, forecasts gold to soar in the coming months of 2012. "Investors need to wake up and realize that gold is not an investment but a vehicle for wealth preservation," stated Rose. "As the Federal Reserve hints...