Thursday, April 24th 06:30 PM

Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) has reported quarterly earnings of $2.7 million, or 2 cents per share, compared to earnings of $26 million, or 21 cents per…..Continue

Scorpio Gold produces 10,294 Oz Gold and 5,113 Oz Silver in Q1

  • Scorpio Gold produced 10,294 ounces of gold and 5,113 ounces of silver during the first quarter of this year from its Mineral Ridge project, located in Nevada.

Gold Resource Gold equivalent output up y/y in Q1 2014

  • Mexico based Gold Resource Corp. (NYSE MKT:GORO) has produced 23,700 gold equivalent ounces in the first quarter of this year, up from 22,300 gold equivalent ounces year-on-year.

Citi remains negative on Gold mining sector

  • Gold miners have cut unit costs 8% year-over-year, while notional cash expenditures and all-in costs are down 21% and 20%, respectively, but it still might not be enough, said Citi Research, adding it remains bearish on the sector.

Hecla Mining Silver output rises sharply to 2.5 million ounces in Q1

  • Hecla Mining Co. has reported that its silver output rose sharply to 2.5 million ounces in the first quarter, up 32% from 1.9 million in the same period a year ago.

Allied Nevada Gold, Silver sales and production rise sharply in March quarter

  • Allied Nevada Gold Corp. (TSX:ANV)(NYSE MKT:ANV) has reported its gold and silver production and sales in the first quarter advanced sharply at Hycroft mine in Nevada.

Dubai Diamond Exch-ALROSA sign co-operation agreement in Dubai

  • The Agreement aims to strengthen cooperation between DDE and ALROSA with both parties contributing to the development of a competitive rough and polished diamond market in Russia

Miners: Falling Gold prices reduce value of reserves

  • During a period of steeply rising gold prices from 2005 to 2012, the major gold miners increased their reserves calculation prices, somewhat below but largely in tandem with gold prices

PDAC supports Canada Govt effort to develop mining,exploration activities

  • PDAC also supports and looks forward to working with the Government on northern infrastructure, northern regulatory improvement, and northern economic development to help expand the transportation, energy and community infrastructure necessary to support resource development in northern and remote regions.

Argonaut Gold files prefeasibility study on Magion Property

  • Argonaut Gold is a Canadian gold company engaged in exploration, mine development and production activities. Its primary assets are the production stage El Castillo Mine in Durango, Mexico, and the La Colorada Mine in Sonora, Mexico
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