Shares of Gold Resource Co. (NASDAQ: GORO) saw unusually high trading volume on Thursday. Approximately 434,049 shares changed hands during mid-day trading, an increase of 90.60% from the previous session. The stock last traded at $25.31.
January 20, 2011 (Investorideas.com Mining stocks newswire) Headquartered in Vancouver, B.C., Great Panther is a junior mining and exploration company focused on silver production from its two 100%-owned mines in Mexico: Guanajuato and Topia. Since commencing operations in 2006, Great Panther achieved more than 15% growth in production per year to 2.26 million Ag equivalent ounces in 2010. The Company intends to grow production to 3.8 million Ag equivalent ounces and resources to 40 million Ag equivalent ounces by 2012, and do so maintaining profitability. To obtain this objective the Company will focus on the following:
New Gold Inc. (USA) (AMEX:NGD)
NGD fell 4.26% with the closing price of $8.00. The stock has average daily volume of $2.15 million shares.. Its fifty two week range was $3.87 – $10.29. The total market capitalization remained $3.14 billion.
Jan. 20 (Bloomberg) — Canadian stocks fell the most in two months as oil and base metals slumped on prospects of higher interest rates in China and gold slipped after reports on U.S. initial jobless claims and housing were better than forecast.
Newmont Mining Corporation (NYSE:NEM) fell 1.94% to $55.46. Newmont Mining Corporation is a gold producing company with assets or operations in the United States, Australia, Peru, Indonesia, Ghana, Canada, New Zealand and Mexico.
TORONTO, Jan. 19, 2011 — Silver Dragon Resources Inc. (“Silver Dragon” or “the Company”) (OTCBB:SDRG) provides this update to its shareholders on the status of various initiatives within the company.
OZ MINERALS expects to produce 110,000 tonnes of copper and up to 205,000 ounces of gold from its Prominent Hill mine this year, after exceeding production targets last year. Total copper production last year was 112,171 tonnes and gold production 196,400 ounces.
Canadian contract driller and lightweight exploration drill manufacturer, Energold Drilling, has acquired diversified drill manufacturer Dando of the U.K.
The Australian miner OZ Minerals confirmed that its revival is now well and truly confirmed after a strong December quarter result from its Prominent Hill mine in South Australia’s far north.
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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