Monday, May 4th 01:48 PM

Pursuant to the Offering, Medallion has issued 6,500,000 units at $.05 per unit, each unit consisting of one common share and one-half of a transferable common…..Continue

Goldcorp revenue declines sharply in Q1

  • The company produced 724,800 ounces of gold in the first quarter 2015 compared to 679,900 ounces in the same quarter last year.

Alexco reports 10% rise in indicated Silver resource at Keno Hill

  • These overall increases in mineral resource estimates are the result of approximately 18,000 meters of surface diamond drilling completed in 2014.

Silver Wheaton announces filing of preliminary base shelf prospectus

  • The base shelf prospectus and corresponding shelf registration statement, when made final or effective, will allow Silver Wheaton to offer up to US$2,000,000,000 of common shares, preferred shares, debt securities, subscription receipts, units and warrants, or any combination thereof, from time to time over a 25-month period.

Ventnor Resources plans to begin drilling at Black Dragon Gold project

  • Black Dragon is located 370 kilometres northeast of Kalgoorlie in Western Australia and 22 kilometres northeast of AngloGold Ashanti’s Tropicana Gold mine, a project with some 3.6 million ounces of gold in Reserves.

Russia's Polyus Gold sees production drop in Q1

  • In the first quarter, Polyus sold 390,000 ounces of gold from its continuing operations, up 14% from a year earlier, but down 18% from the previous quarter.

De Beers lowers 2015 production target

  • Diamond production totalled 7.7 million carats during the first quarter this year, advanced 2% year-on-year but down 8% when compared to Q4 2014.

Anglo American Platinum production climbs in Q1

  • The company's refined platinum production increased during the first quarter by 25% to 542000oz compared to the strike affected Q1 2014. Refined palladium and rhodium output also increased during the period, advanced to 348000oz and 65000oz respectively.

ALROSA Q1 Diamond output up 6% Y/Y

  • The company sold 9.0 million carats of diamonds during the quarter, including 7.0 million carats of gem-quality diamonds at an average price of $161 per carat and 2.0 million carats of industrial diamonds at an average price of $8 per carat.

Nordgold Q1 revenue advances 29% to $355.6 mn

  • The average realised gold price in Q1 2015 was $1,224 per ounce, a decrease of 6% compared with $1,299 per ounce in Q1 2014 and an increase of 3% compared with $1,184 per ounce in Q4 2014.
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