Medusa Mining was applauded last night as it updated investors on its five year growth plan that will more than quadruple its current gold production rate.

China Nonferrous Metals Int’l Mining will put up US$93.5 million in loans and exercise US$24 million worth of share warrants.

City broker Fairfax described the results as "good" news for Ariana who are proving up further mineralisation at the Kiziltepe deposit and said they underscored the resource potential at the Red Rabbit project.

Stratex International’s Pandora gold vein in Djibouti could be a game-changer if drilling results show it continues at depth and along strike, according to a broker.

Ariana Resources (LON:AAU) this morning said the latest drilling programme in western Turkey returned “truly exceptional” gold and silver grades.

Broker Fairfax has upped its price target for mining firm Medusa Mining and says the current market represents a "golden opportunity" to buy into the stock.

Two numbers point to the potential of Castle Peak Mining. These are five and 50. In short, there are five mines within a 50 km radius of the firm's Akorade project with a total of 50 mln ounces of gold reserves and resources.

Some well-funded junior miners are being unfairly affected by concerns over financing in the mining sector generally, according to broker Fox Davies. 

Shanta Gold  today told investors it was encouraged by drill results which supports the view that the New Luika gold mine’s conceptual pit shell can be enlarged

Gold at Kryso Resources’ Pakrut project in Tajikistan now totals over 5 million ounces, according to the latest independent report published today.

The amount of gold at Kryso Resources’ Pakrut project in Tajikistan now totals over 5 million ounces, according to the latest independent report published today.

Stratex International today unveiled what it describes as an impressive gold discovery at the Pandora vein within the Oklila licence, Djibouti, West Africa.

Investors should see a steady stream of updates this summer from Serbia-focused explorer Orogen Gold as it begins drilling the Deli Jovan project. So says broker XCap, which notes these are "exciting" times for Orogen.

A “return to basics” approach appears to be bearing fruit for Norseman Gold (LON:NGL, ASX:NGL) , which said it had seen a “dramatic” reduction in costs since the turn of the year.

Archipelago Resources is on track to produce between 135,000 -145,000 ounces of gold this year from its Toka Tindung mine in Indonesia.

A Chinese mining investor is putting £5.4 million into the company. It is buying 9 million new shares at a premium to take a 9.2 per cent stake in the Fiji focused gold miner.

The AIM-quoted gold explorer this morning revealed that drilling has confirmed a northern extension to the Tuzon deposit, which is already believed to contain 2 million ounces of gold. Betts says an updated resource estimate will be completed in the near future.

Hambledon Mining shares mounted something of a fight back this morning as it revealed rising gold production for the first quarter at the Sekisovskoye mine.

Production was helped by the efforts last year to ‘winterise’ operations. Mined output increased 18 per cent while produced gold ounces grew by 9.4 per cent.

In the months ahead there should be plenty for investors to get their teeth into as Patagonia Gold’s projects begin to demonstrate their commercial potential.

A year that has started slowly looks set to end with a bang. Here we talk to Mariana John Horsburgh about what lies in store.

So far KEFI has completed mapping, trenching and sampling operations on the projects. Later in the current quarter drill work will begin.

Ovoca Gold is on the hunt to find a strategic partner to share in the rewards that the Russian Far East has to offer, CEO Tim McCutcheon says.

Shanta Gold this afternoon confirmed that is has completed a share placing to raise gross proceeds of £9.5 million which takes today's total funding to US$40 million.

It is raising US$25 million through the issue of convertible loan notes, while equity investors will be offered US$10 million worth of new shares.

Just twelve months after it poured its first gold in Indonesia, Archipelago Resources is already scouting around for new prospects in the area. It recently unveiled its final results for 2011, which showed a pre-tax profit of US$25.9 million on output of more than 60,000 ounces.

Shares in Anglo Asian Mining advanced today after it told investors it had delineated more than 1 million ounces of measured and indicated gold at Azerbaijan's first operating gold and copper mine.

Serbia-focused Orogen Gold's recent share price rise has marked it out as one to watch for the future, a view held by the two industry veterans who run the company and who see potential to match the prolific gold deposits found in Australia and California.

Anglo Asian Mining announced a major milestone - having delineated more than 1 million ounces of measured and indicated gold at Azerbaijan's first operating gold and copper mine.