Month: January 2011

Lake Shore Gold to Nearly Triple Gold Production in 2011, Significantly Grow Resources and Increase – PR-USA.net (press release)

Lake Shore Gold Corp. (“Lake Shore Gold” or the “Company”) today announced production and expenditure guidance for 2011 including 140,000 ounces of gold mined from all sources and mill production targeted at 125,000 ounces, with an additional 35,000 ounces of gold expected to be in inventory stockpiles at year end. Capital expenditures for the year are projected at $75.0 million, excluding exploration expenditures, capitalized operating costs and gold sales from development assets, with costs largely related to development work at Thunder Creek and Timmins Mine.

Arian Silver share interest

London, England, Arian Silver Corporation (the “Company”) (TSX VENTURE:AGQ) (AIM:AGQ) (PLUS:AGQ) (FRANKFURT:I3A) received a notification on 25 January 2011 that Sprott Asset Management LLP, on behalf of managed funds, holds 50,298,888 common shares representing approximately 16.71% of the voting rights of the Company, compared to an interest of 12.7% previously announced. The change relates to the exercise of share purchase warrants.

Top Silver Miners to Watch in 2011 – Seeking Alpha

As a follow-up to my article on the next generation of mid-tier silver miners, the following contains a list of the silver companies I expect to outperform the group as a whole. In order to avoid repetition I will summarize some of what is included in the aforementioned article, provide operational updates and additional companies.

Ubika Research releases a new CEO video interview with an emerging gold player focused on the Americas – Trading Markets (press release)

TORONTO, Canada – Smallcappower.com is pleased to publish a CEO video interview with Mr. Grant White, President, CEO & Director of Gold Bag Inc (OTCBB: GBGI | PowerRating). In this interview with Ubika Research, Mr. White discusses Gold Bag’s strategy focused on acquiring and developing gold mining properties primarily in the Americas. To view the CEO video interview please visit: http://www.smallcappower.com/microsite/gold_bag_inc.html

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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