June 19, 2025Hecla Reports Second Quarter 2011 Doubling of IncomeHecla Reports Second Quarter 2011 Doubling of Income COEUR D’ALENE, ID – Hecla Mining Company reported second quarter net income of $33.3 million. Second quarter silver production was 2.3 million ounces at a cash cost of $0.52 per ounce, net…
June 19, 2025New Issue Of Gold Demand TrendsNew Issue Of Gold Demand Trends LONDON – Gold’s strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes (t), worth a near-record US$44.5bn, with broad-based support across all…
June 19, 2025Pilot Gold To Expand Projects With 60,000 Meters Of DrillingPilot Gold To Expand Projects With 60,000 Meters Of Drilling VANCOUVER, BC – Matt Lennox-King, President and CEO of Pilot Gold said, "With a carefully managed treasury of almost $28 million in cash and short-term investments, no debt, and the…
June 19, 2025Ore Being Crushed And Stack On New Leach Pad At Rochester MineOre Being Crushed And Stack On New Leach Pad At Rochester Mine COEUR D’ALENE, ID – Coeur d’Alene Mines reported that ore is now being crushed and stacked on the new leach pad at the Rochester Mine in Nevada, which…
June 19, 2025Significant Increase In Copper Creek Exploration LandsSignificant Increase In Copper Creek Exploration Lands VANCOUVER, BC – Redhawk Resources, Inc. reported that its wholly owned subsidiary Redhawk Copper, Inc. has acquired significant additional exploration properties totaling approximately 21 square miles contiguous to the existing approximately 7…
June 19, 2025FCX Continues To Execute Strong Operating PerformanceFCX Continues To Execute Strong Operating Performance PHOENIX, AZ – James R. Moffett, Chairman of the Board, and Richard C. Adkerson, President and Chief Executive Officer of Freeport-McMoRan Copper & Gold Inc. (FCX) said, "Our second-quarter results reflect strong…
June 19, 2025Newmont Board Approves Conga And Tanami Shaft ProjectNewmont Board Approves Conga And Tanami Shaft Project DENVER, CO – Newmont Mining Corporation reported that its Board of Directors approved full funding for the Conga project in Peru and the Tanami Shaft project in Australia. Combined, the two…
June 19, 2025Barrick’s Earnings Increased 35% To $1.2 BillionBarrick’s Earnings Increased 35% To $1.2 Billion TORONTO, ON – Barrick Gold reported that net earnings for Q2 rose 35% to $1.2 billion from $859 million in the prior year period. Q2 adjusted net earnings increased 36% to a record…
June 19, 2025Great Basin Gold Has 100% Increase In RevenueGreat Basin Gold Has 100% Increase In Revenue VANCOUVER – Great Basin Gold Ltd. reported that the Hollister operations in Nevada recorded $49 million in revenue during the quarter on record sales of 34,522 Au eqv1 oz, an increase of…
June 19, 2025Quaterra Delineates High-Grade, Acid-Soluble Copper Zone at MacArthurQuaterra Delineates High-Grade, Acid-Soluble Copper Zone at MacArthur VANCOUVER – Quaterra Resources Inc. reported that angle drilling on a spacing of about 500 feet is defining a large zone of high-grade copper mineralization north of the pit at its 100%-owned…