Mining Stock News

[G-khan]

Birch Mountain reports first quarter 2006 results (PR Newswire)
Birch Mountain Resources Ltd. today reported financial results for the first quarter ended March 31, 2006.

Eldorado Announces First Gold Pour at the Kisladag Gold Mine (Market Wire)
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation(AMEX: EGO), is pleased to announce the first pouring of gold, today, May 12, 2006 at our Kisladag Mine in Western Turkey.

London Markets: Miners, oil majors pull FTSE below key 6,000 level (at MarketWatch)
U.K. shares broke below the key 6,000-point level at midday Friday, pressured by declines from commodity-price-sensitive mining and oil companies.

IAMGOLD announces record first quarter earnings (PR Newswire)
HIGHLIGHTS:

Agnico-Eagle to build LaRonde II gold project; provides updates on its four other gold growth projects (PR Newswire)
Agnico-Eagle Mines Limited today announced that a positive development decision was made for the 100% owned LaRonde II project. LaRonde II is the extension of Zone 20 North beneath the current infrastructure at the LaRonde mine.

Gold Mining Companies Post Surging Revenue (AP)
With oil soaring to new highs and the U.S. dollar back down, investors are looking to the usual haven: gold. Prices for gold, much of it mined in Africa, are hitting new 25-year highs, letting mining companies post surging revenue as they search for new ways to extract every nugget from the ground.

Australian Share Market Falls (AP)
The Australian share market fell Friday, snapping a five-day streak of gains, as it followed overseas exchanges lower. The benchmark S&P/ASX 200 fell 35 points, or 0.7 percent, to 5329.5 while the All Ordinaries lost 32.7 points to close at 5,285.5.

[$$] Is Newmont Mining Golden? (at The Wall Street Journal Online)


IAMGOLD's Quimsacocha preliminary assessment and operations update (PR Newswire)


Mining Companies Fret Over Bolivia Plan (AP)
In a May 9 story about North American mining companies' concerns about investments in Bolivia, The Associated Press reported erroneously that Coeur d'Alene Mines Corp. had invested $135 million in a Bolivian mining project.

Crystallex Reports First Quarter Results (Market Wire)
Crystallex International Corporation today reported unaudited financial results for the quarter ending March 31, 2006. All dollar figures are in US Dollars unless otherwise indicated.

Agnico-Eagle reports record quarterly earnings on record low costs and higher gold prices (PR Newswire)
Agnico-Eagle Mines Limited today reported first quarter earnings of $37.2 million, or $0.35 per share. This compares to net earnings of $10.4 million, or $0.12 per share, in the first quarter of 2005.

Bema Gold Corporation: 2006 First Quarter Results (Market Wire)
Bema Gold Corporation(AMEX: BGO)(AIM:BAU) reports the results from its operations for the first quarter ended March 31, 2006. All dollar figures are in United States dollars unless otherwise indicated.

Franc-Or Announces Extension of Expiry Date on Newmont Subscription Receipts (Market Wire)


Another Fresh High for Gold Prices (at TheStreet.com)


Nevsun Resources Ltd.: First Quarter Financial Results (Market Wire)
Nevsun Resources Ltd.(AMEX: NSU) is pleased to announce its results for the first quarter. A brief summary follows.

Positive Results from Feasibility Study for Great Basin's Burnstone Gold Project, South Africa (Market Wire)
Great Basin Gold Ltd.(AMEX: GBN) announces the positive results of a feasibility study on its Burnstone Gold Project near Johannesburg, South Africa.

Metalline Mining Announces Sierra Mojada Plaza Rica Drill Results (Business Wire)


Taseko Reports Quarterly Operating Profit of $7.4 Million (Market Wire)
Taseko Mines Limited(AMEX: TGB) announces its financial results for the quarter ending March 31, 2006, including production and sales for the Gibraltar Mine located near Williams Lake in south-central British Columbia.

Australian Stock Market Rises (AP)
Australian shares edged higher Thursday, boosted by strong gains in market heavyweights BHP Billiton, Rio Tinto and National Australia Bank.