New Jersey Mining Company announces that its Idaho Ramp, which is being driven to develop gold reserves at the Golden Chest mine near Murray, Idaho, has intercepted a high grade tungsten vein. A 2-meter chip sample across the vein assayed 8.36% tungsten trioxide (WO3).
Recent prices for tungsten imply the vein has a gross value of [...]

Newmont Mining Corporation announced that it has acquired 3.88m common shares of Gabriel Resources through open market purchases on the Toronto Stock Exchange, representing approx 1.5% of Gabriel’s outstanding common shares. Newmont holds, in the aggregate as of 2 June 2008, 50.7m common shares, representing approx 19.9% of the outstanding common shares of Gabriel. The [...]

Shares of gold mining companies rose Thursday as the broader stock market gained and the price of the precious metal increased.
Gold for June delivery rose $10.90 to settle at $882.10 an ounce on the New York Mercantile Exchange.
Here is how some gold miners are trading:
Goldcorp Inc. rose $2.51, or 6.7 percent, to $39.89.
Gold Fields Ltd. [...]

John J. Komarnicki, Chairman and Chief Executive Officer of Alhambra Resources Ltd., on behalf of the board of directors is pleased to announce the appointment of Mr. Graham A. Karklin as a director of the Corporation effective May 05, 2008.
Mr. Karklin has 34 years of experience in the international mining industry including Central Asia, Australia, [...]

Shares of gold-mining companies were mixed shortly after the opening bell Monday as the price of the precious metal edged up in European trading.
Gold traded in London at $914.70 per troy ounce, up from $906.30 late Friday.
How shares of some key gold miners fared in early trading:
Newmont Mining Co. rose 80 cents to $47.64
Barrick Gold [...]

A senior vice president of goldminer Newmont Mining Corp. exercised options for 18,875 shares of stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Monday, Guy Lansdown reported he exercised the options Thursday for $13.22 to $28.11 apiece and then sold 19,855 shares the same day for $52.84 [...]

A group of residents in the North Island mining town of Waihi is set to get compensation for years of noise, dust and blast vibrations.
Newmont Mining Corporation, which owns the Martha gold mine, will pay compensation to about 130 of the worst affected households.
Residents will get an initial payment of $500 followed by six monthly [...]

Newmont Mining Corp. (NEM) elected Vincent Calarco as non-executive chairman, effective Jan. 1.
The Denver gold company said Calarco succeeds Wayne Murdy, who will retire at the end of the year.
Newmont Mining said Calarco joined the board in 2000 and currently serves as chairman of the corporate governance and nominating committee and a member of [...]

A nickel project on Indonesia’s Sulawesi island involving Rio Tinto Ltd/Plc should be agreed under existing mining laws to ensure it is attractive, the CEO of the mining firm said on Monday.
The comments by Tom Albanese highlight concern among mining firms over a draft mining law currently being debated by Indonesia’s parliament which includes plans [...]

Newmont Mining Corp., the world’s second-biggest gold producer, said profit plunged 67 percent in the first quarter as slumping output and higher mining costs erased the benefits of a price rally.
Net income fell to $68 million, or 15 cents a share, from $209 million, or 47 cents, a year earlier, Denver-based Newmont said today [...]