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Afghan village gold mine lures modern-day prospectors – GlobalPost
www.globalpost.com

After scrambling up a steep mountainside in north Afghanistan, Morad Ali crouches beside a gap cut in the slope and touches some reddish-brown rock. "The gold is in here," he says. Ali was one of generations of local men who used chisels and pickaxes …

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MAG Silver Reports First Quarter Financial Results
www.juniorminingnetwork.com

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 15, 2013) – MAG Silver Corp. (TSX:MAG)(NYSE MKT:MVG) ("MAG" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2013. For complete …

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Minaurum Identifies Numerous High-Grade Gold-Silver Targets at Jackie Project …
www.juniorminingnetwork.com

A series of mine workings dating to the 1900s attests from the first trend indicate significant widths of silver mineralization over a strike length of at least one kilometre. The second trend, the El Capire zone, is associated with skarn and …

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Gold Tumbles Below $1400 an Ounce
investorplace.com

Gold and silver mining ETFs tumbled during the day. The Market Vectors Gold Miners ETF (NYSE:GDX) slid 4.5%. The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) plunged 7.8%. The Global X Silver Miners ETF (NYSE:SIL) sank 3.8%. Gold mining …

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Crocodile Gold Reports Operating Cash Flow of $17.6 Million on Revenue of …
www.juniorminingnetwork.com

In the first quarter of 2013, the Company produced 48,953 ounces of gold, a significant increase over the first quarter of 2012 production of 10,932 ounces of gold which was a result of the addition of the Fosterville and Stawell Gold Mines and the …

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Avnel Gold Mining Limited (AVK: TSX) Announces First Quarter 2013 Results
www.juniorminingnetwork.com

Avnel's strategic objective, through its 80% owned subsidiary, SOMIKA, is to commercially exploit underground reserves at the Kalana Gold Mine, whilst exploring for commercially viable opportunities for the exploitation of a bulk mineable deposit.

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Mining Stocks, Especially Gold, Could Be A Good Investment Right Now
seekingalpha.com

So what's my simple advice for people interested in gold right now? Lower your expectations; if you have investments that are performing poorly get rid of them; find companies that are priced very cheaply right now and invest in them. I know the trend …

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A Modern Day Gold Rush – How People Of One County In China Are Making …
www.ibtimes.com

Large mines in Ghana, which extract gold from rock, are owned by corporations such as Newmont Mining Corp., Gold Fields and AngloGold Ashanti. River gold, on the other hand, cannot effectively be mined by the large equipment typically used by these …

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Silver Stock Price Update for Today, April 15 – Markets & Trade
marketsntrade.com

Coeur d'Alene Mines Corporation is mainly engaged in silver and gold mining and related activities including exploration, development, and mining at its properties located in South America, the United States, and Mexico. CDE chart. First Majestic …

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SilverCrest Mines Q1 results impacted by lower prices, gold sales, though …
www.proactiveinvestors.com.au

Thursday, May 16, 2013 by Deborah Bacal. Cash operating costs also bit into profits at a challenging time for the entire mining industry, rising 10 per cent to $7.69 per silver equivalent ounce, but still making it far below its guidance of $8.50 an ounce.

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"ECU Silver Mining Inc. (ECU) – Financial and Strategic SWOT Analysis Review …
www.sbwire.com

Boston, MA — (SBWIRE) — 05/03/2013 — This comprehensive SWOT profile of ECU Silver Mining Inc. provides you an in-depth strategic analysis of the company's businesses and operations. The profile has been compiled by GlobalData to bring to you a …

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Liberty Silver Files Financial Results, Announces Changes to Board and …
www.juniorminingnetwork.com

TORONTO, ONTARIO–(Marketwired – May 15, 2013) – Liberty Silver Corp. (TSX:LSL) ("Liberty" or the "Company") has filed its financial statements for the period ending March 31, 2013. The statements are available in the SEDAR (www.sedar.com) and …

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Silver Wheaton Misses Estimates in 1Q
www.zacks.com

Silver Wheaton Corp.'s ( SLW – Snapshot Report ) first-quarter 2013 earnings of 37 cents a share trailed the Zacks Consensus Estimate and the year-ago quarter's earnings by 4 cents. The Canada-based silver mining company's profit decreased by roughly …

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Mystery investor puts $1bn into new Russian gold mine
rt.com

In an effort to double gold production by 2018, Russia's largest gold producer, Polyus, has attracted $1bn in investment for the 3rd largest undeveloped gold deposit in the world. Russian Federation Deputy Minister for the Development of the Far East …

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Gold miners can dig out of this hole
money.msn.com

Given the various headwinds, it's easy to see why the inverse Direxion Daily Gold Miners Bear 3X Shares (DUST) — which basically shorts the sector, with some leverage — has been one of the best-performing investments of 2013. Yet, given just how …

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First Majestic cuts spending as silver prices fall
www.4-traders.com

Top U.S. silver miners Coeur d'Alene Mines Corp (>> Coeur d'Alene Mines Corporation) and Hecla Mining Co (>> Hecla Mining Company) reported a fall in first-quarter profit last week due to lower silver prices. First Majestic shares were down 8 percent …

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Silver Stock Price Update for Today, May 15 – Markets & Trade
marketsntrade.com

Coeur d'Alene Mines Corporation is mainly engaged in silver and gold mining and related activities including exploration, development, and mining at its properties located in South America, the United States, and Mexico. CDE chart. First Majestic …

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Fortune Smiles on Fortuna Silver Mines
silverinvestingnews.com

When silver was dragged down by gold's mid-April nosedive, many companies mining and exploring for the white metal also suffered losses. Now, investors are faced with the task of identifying which companies remain promising despite having seen share …

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Guyana Receives Funds To Develop Gold Mining Sector
www.winnfm.com

(Antigua Observer) GEORGETOWN, Guyana – The World Wildlife Fund (WWF) is assisting Guyana in building capacity in environmental management of the gold mining sector. The WWF has provided a GUY$12 million (One Guyana Dollar = US$0.01 cents) …

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The next generational op: gold, silver or miners?
www.marketwatch.com

ETFs such as gold ETF (NAR:GLD) , silver ETF (NAR:SLV) , gold miner ETF (NAR:GDX) , and junior miner ETF (NAR:GDXJ) are a relatively recent phenomena. To get a longer term perspective, the chart compares the Central Fund of Canada (NYSE:CEF) …

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Egyptian gold miner Centamin climbs nearly 7% after positive update
www.guardian.co.uk

Gold miner Centamin has been under pressure on concerns about its Sukari project in Egypt. A court questioned the miner's right to operate Sukari in October, and last week a report from the Egyptian State Commissioner's office was not positive for its …

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