Exeter Spins Out a Golden Offering

Goldcorp (NYSE:GG) [TSX:G], the world`s second largest gold producer by market capitalization, has announced that it will acquire Australian mining business Andean Resources (ANDPF.PK) [TSX and ASX: AND], a company whose main asset is its Cerro Negro gold project in Santa Cruz, Argentina, in a C$3.6 billion share and cash deal, beating an earli

Temex Resources Corp V.TME announced April 29 an updated 43-101 resource estimate of its Juby Gold Project located in Ontario’s Timmins-Kirkland Lake mining camp. At a cutoff of 0.4 grams per tonne gold, it contains 25.3 million tonnes grading 1.28 g/t gold for 1.04 million gold ounces indicated and 74.2 million tonnes grading 0.91 g/t for 2.17 million gold ounces inferred.

By Kevin Michael Grace GoGold Resources Inc (V.GGD) announced November 26 assay results from the Chispa De Oro South target area at its San Diego Project in Durango State, Mexico. Highlights include:

Barrick Gold Corp. and its global competitors are poised to sell assets this year as the companies seek to reverse two years of share-price declines.

By Bryce Till:The fundamental mining characteristic and future prospects for Exeter Resources (XRA) are exciting. It is hard to find a junior gold miner with stronger mining fundamentals and future potential than XRA. Exeter Resources is in the development and evaluation stages of opening one of the largest open pit gold deposits in the world.

The quest to commercialize one of Latin America’s last undeveloped major gold deposits is one major step closer to a prospectively big pay day for its unlikely owner – a small gold explorer named Exeter Resource (XRA). A Canadian-headquartered company, Exeter recently completed a major milestone development. It announced a positive metallurgical study for the sprawling Caspiche gold-copper deposit in northern Chile’s gold-rich Maricunga mineral belt.

By Marc Davis of BNWnews.ca The $3.6 billion buyout of Andean Resources (ANDPF.PK) by Goldcorp Inc. (GG) last year left many in the investment community wondering where the next success story in Argentina would emerge from.