US court blocks huge gold mine project in Nevada
"A federal appeals court has temporarily blocked construction of a massive gold mine project in northeast Nevada that critics say would harm the environment and ruin a mountain several tribes consider sacred.
A three-judge panel of the 9th U.S. Circuit Court of Appeals reversed part of an earlier decision denying a preliminary injunction sought by conservationists and tribal leaders. The groups had sought the injunction to force Barrick Gold Corp. to postpone digging a 2,000-foot-deep open pit at the Cortez Hills mine 250 miles east of Reno." More | December 04
New Gold Provides Update on its Activities to Resume Mining Operations at its Cerro San Pedro Mine
"New Gold Inc. ("New Gold") (TSX and NYSE AMEX-NGD) announces an update on its activities to resume mining operations at its Cerro San Pedro Mine. Today, Minera San Xavier ("MSX"), New Gold's wholly owned Mexican subsidiary that holds the mining concessions of the Cerro San Pedro Mine, filed a second appeal related to the suspension of operations." More | December 03
Claude Resources Inc. Continues to Intercept High Grade Gold at Seabee Project Including 28.05 g/t Over 1.6 Meters True Width
"Claude Resources Inc. ("Claude" or the "Company") continues to have positive drill results from its ongoing 2009 underground in-fill and exploration program from the Company's 100% owned and operated Seabee Project." More | December 03
Golden Star Files Preliminary Prospectus
"Golden Star Resources Ltd. ("Golden Star" or the "Company") (TSX:GSC - News)(AMEX:GSS - News)(GSE: GSR) today announced that it has filed a preliminary short-form prospectus with regulatory authorities in all provinces of Canada other than Quebec and a preliminary prospectus supplement in the United States with the United States Securities and Exchange Commission, both relating to its proposed public offering of common shares (the "Offering"). The Offering will be conducted through a syndicate of underwriters led by BMO Capital Markets." More | December 03
Almaden Raises $2.6 Million
"Almaden Minerals Ltd. (TSX:AMM - News)(AMEX:AAU - News) has agreed to raise $2.6 million from a group of strategic investors. Upon completion of this offering, Almaden will have approximately $13.5 million in cash. Almaden also holds 1,597 ounces of gold in inventory currently valued at approximately $1.9 million which the Company produced from its Elk Mine in the 1990s." More | December 03
