Beiträge von GSP-Komet

* Eldorado Gold Provides Kisladag Mine Update

Eldorado Gold: Court Rules That Expert Reports Were Insufficient

Eldorado Gold Announces Kisladag Update Conference Call

VANCOUVER, BRITISH COLUMBIA, Feb 11, 2008 (MARKET WIRE via COMTEX) -- Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corp. (CA:ELD) (EGO: EGO) , will host a conference call at 1:30 PM PT (4:30 PM ET) today, Monday February 11, 2008.
The call is being webcast by Thomson Financial and can be accessed at Eldorado Gold's web site at http://www.eldoradogold.com or from http://www.marketwire.com.
Teleconference call details are as follows:
Call in numbers are:
Toronto: 416-641-6117
Toll Free: 1-866-223-7781
Chairperson: Paul Wright, President & CEO
The replay numbers are:
Toronto: 416-695-5800
Toll Free: 1-800-408-3053
Passcode: 3252596#
Replay will be available until February 18, 2008.
Eldorado Gold Corporation is a gold producing and exploration company actively growing businesses in Brazil, Turkey and China. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.
Request for information packages: info@eldoradogold.com.

Contacts:
Eldorado Gold Corporation
Nancy E. Woo
Manager Investor Relations
(604) 601-6650 or 1-888-353-8166
(604) 687-4026 (FAX)
Email: nancyw@eldoradogold.com
Website: http://www.eldoradogold.com

SOURCE: Eldorado Gold Corporation

mailto:nancyw@eldoradogold.com
http://www.eldoradogold.com

Eldorado Gold Corporation: Kisladag Mine Update

VANCOUVER, BRITISH COLUMBIA, Feb 11, 2008 (MARKET WIRE via COMTEX) -- Eldorado Gold Corporation (the "Company") (CA:ELD) (EGO:
EGO) today announced that a decision has been reached relating to the Kisladag EIA (Environmental Impact Assessment). This decision was rendered by the 6th Department of the High Administrative Court in Ankara on February 6, 2008.
The High Administrative Court has concluded that the existing expert reports prepared for the Lower Administrative Court were insufficient to make either a positive or negative decision on the merits of the case. The case will now be returned to the Lower Administrative Court where it is most probable that a new expert committee will be assigned to review the case.
The temporary injunction which was placed by the High Administrative Court and resulted in the temporary closure of the mine, automatically expires with the decision on the case.
The Company will be in consultation with the Co-defendant, the Turkish Ministry of Environment and Forestry ("MOEF") regarding the next steps in the legal process.
Eldorado is a gold producing and exploration company actively growing businesses in Brazil, Turkey and China. We operate the Kisladag Mine and the Tanjianshan Mine. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.
ON BEHALF OF ELDORADO GOLD CORPORATION
Paul N. Wright, President and Chief Executive Officer
Eldorado will host a conference call today at 1:30 pm PT (4:30 pm ET). You may participate in the conference call by dialing 416-641-6117 in Toronto or 1-866-223-7781 toll free in North America and asking for the Eldorado Conference Call with Chairperson: Paul Wright, President and CEO of Eldorado Gold. The call will be available on Eldorado's website http://www.eldoradogold.com. A replay of the call will be available until February 18, 2008 by dialing 416-695-5800 in Toronto or 1-800-408-3053 toll free in North America and entering the Pass code: 3252596#.

DENVER, Feb 13, 2008 (BUSINESS WIRE) -- Golden Star Resources Ltd. (CA:GSC) (GSS: GSS) (GSE: GSR) will release its fourth quarter 2007 and end of year 2007 results after the market close on Wednesday, February 27, 2008 and has scheduled a conference call and webcast on Thursday, February 28 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time). The conference call will allow analysts the opportunity to speak with the Company's management. Please call in at least five minutes prior to the conference call start time to ensure prompt access to the conference. You can access the call by telephone or by webcast:

North American participants - (866) 831-6243, passcode: 47853828
International participants outside U.S. and Canada -
(617) 213-8855, passcode: 47853828
Webcast: http://www.gsr.com

A recording of the teleconference will be available for up to 30 days through the Company's website at http://www.gsr.com and it also will be available for 30 days by dialing:

North America - (888) 286-8010, passcode: 40350774
International outside U.S. and Canada - (617) 801-6888,
passcode: 40350774

Company Profile
Golden Star holds a 90% equity interest in the Bogoso/Prestea and Wassa open-pit gold mines in Ghana. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, in other parts of West Africa and in the Guiana Shield of South America. Golden Star has approximately 234 million shares outstanding.
SOURCE: Golden Star Resources Ltd.

Golden Star Resources Ltd.
Bruce Higson-Smith, +1-800-553-8436
Vice President Corporate Development
or
Anne Hite, +1-800-553-8436
Investor Relations Manager

COEUR D'ALENE, Idaho, Feb 14, 2008 (BUSINESS WIRE) -- COEUR D'ALENE MINES CORPORATION (CDE: CDE) TSX:CDM) (ASX:CXC) will report its fourth quarter and year-end 2007 results on Friday, February 29, 2008 before the New York Stock Exchange opens for trading. There will be a conference call that day at 1:00 p.m. Eastern time.

Dial-In Numbers: (866) 853 - 4681 (US and Canada)
(660) 422 - 4718 (International)

Conference ID: 33906550

The conference call and presentation will also be web cast on the company's web site http://www.coeur.com.
Hosting the call will be Dennis E. Wheeler, Chairman, President and Chief Executive Officer of the company, who will be joined by James A. Sabala, Executive Vice President and Chief Financial Officer, and other members of management.
A replay of the call will be available through March 7, 2008. The replay dial-in numbers are (800) 642-1687 (US and Canada) and (706) 645-9291 (International) and the access code is 33906550. In addition, the call will be archived for a limited time on the company's web site.
Coeur d'Alene Mines Corporation is one of the world's leading silver companies and also a significant gold producer. Coeur, which has no silver or gold production hedged, is presently constructing two of the world's largest silver mines -- San Bartolome in Bolivia and Palmarejo in Mexico; operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia. The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania. Coeur common shares are traded on the New York Stock Exchange under the symbol CDE, the Toronto Stock Exchange under the symbol CDM, and its CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC.

Expected to Become World's Largest Pure Silver Mine

COEUR D'ALENE, Idaho, Feb 12, 2008 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: CDE ) (CA:CDM) (ASX:CXC) announced today that it has begun pre-commissioning activities at its San Bartolome silver mine, which is expected to produce over ten million ounces of silver during its first twelve months of full-scale operations.
All major plant equipment at San Bartolome is now in place. The Company expects the processing facilities to be connected to the national electrical grid during the second half of February, at which point full commissioning of the crushers and mills will commence. Processing of ore is expected to begin during the second half of March. Production and plant utilization will then steadily increase with full plant capacity anticipated to be reached in August.
"In reaching the finish line at the San Bartolome silver mine, we are very pleased to report the success in completing this world-class project while maintaining the highest standards of safety, quality of construction, and adherence to cost and scheduling," said Dennis E. Wheeler, Chairman, President and Chief Executive Officer. "Over 1,600 workers, almost all of them Bolivians, have done an excellent job in constructing what will be the world's largest pure silver mine, surpassing over 3.7 million man hours without a lost time accident, a truly remarkable achievement given the size and scope of this state-of-the-art facility. Coeur is proud of the strong community, government and economic relationships we have developed with the people and organizations of Potosi and Bolivia, and the Company is excited about placing the mine into production and generating value for all stakeholders."
Overview of Key Mine Metrics:
-- Expected silver production during remainder of 2008 of over six million ounces
-- Operating cash costs once plant reaches full-scale operations in August through the end of the year are expected to be $4.10 per ounce of silver (excluding royalties and production taxes of $2.03 per ounce)
-- Over ten million ounces of silver production during the first twelve months of full-scale operations
-- 153.0 million ounces of silver mineral reserves and 34.2 million ounces of additional indicated mineral resource
-- Estimated mine life of 14 years

(EDGAR Online via COMTEX) -- ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS General Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to provide information to assist you in better understanding and evaluating our financial condition and results of operations. We recommend that you read this MD&A in conjunction with our consolidated financial statements included in Item 1 of this Quarterly Report on Form 10-Q, as well as our 2007 Annual Report on Form 10-K. This MD&A contains forward-looking information. You should review our important note about forward-looking statements following this MD&A. We refer to "GSR," "NSR", and other types of royalty interests throughout this MD&A. These terms are defined in our 2007 Annual Report on Form 10-K. Overview Royal Gold, together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties. Royalties are passive (non-operating) interests in mining projects that provide the right to revenue or production from the project after deducting specified costs, if any. We seek to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. We are engaged in a continual review of opportunities to acquire existing royalties, to create new royalties through the financing of mine development or exploration, or to acquire companies that hold royalties. We currently, and generally at any time, have acquisition opportunities in various stages of active review, including, for example, our engagement of consultants and advisors to analyze particular opportunities, analysis of technical, financial and other confidential information, submission of indications of interest, participation in preliminary discussions and involvement as a bidder in competitive auctions. We also fund exploration on properties thought to contain precious metals and seek to obtain royalties and other carried ownership interests in such properties through the subsequent transfer of operating interests to other mining companies. Substantially all of our revenues are and will be expected to be derived from royalty interests. We do not conduct mining operations at this time. During the quarter ended December 31, 2007, we focused on the management of our existing royalty interests, the acquisition of royalty interests, and the creation of royalty interests through financing and strategic exploration alliances. Our financial results are primarily tied to the price of gold and other metals, as well as production from our royalty properties. For the quarter ended December 31, 2007, the price of gold averaged $786 per ounce compared with an average price of $614 per ounce for the quarter ended December 31, 2006. The increase in the average gold price, the continued ramp-up of gold production at the Taparko mine and production from the recently acquired Battle Mountain Gold Exploration Corp. ("Battle Mountain") royalties, contributed to royalty revenue of $15.4 million during the quarter ended December 31, 2007, compared to royalty revenue of $12.9 million during the quarter ended December 31, 2006.

TORONTO, ONTARIO, Feb 06, 2008 (MARKET WIRE via COMTEX) -- IAMGOLD Corporation ("IAMGOLD" or "the Company")(TSX: IMG) (IAG: iamgold corp com) (BOTSWANA: IAMGOLD) announces the Board of Directors' approval of an $18.4 million investment for an expansion of the Rosebel Mill. The expansion allows for an increase in the annual life of mine production from approximately 275,000 ounces per year to 300,000 to 305,000 ounces per year and a reduction in direct cash costs of approximately $35 per ounce. This increases the mill throughput from 8 million tonnes per year of ore to 8.9 million tonnes per year while adding sufficient operational flexibility to increase throughput by a further 15% to 25% should mine site and economic conditions support the use of the excess capacity.
The mill expansion eliminates the need for stockpiles, and through the installation of extra leach tanks to increase residence time, will boost metallurgical recovery from 94% to 95%.
"This program will continue to improve production from Rosebel and bring down cash costs at the operation, resulting in a reduction of our overall cash costs," stated Joseph Conway, President & CEO. "Rosebel is our largest and most significant operation and there is considerable value yet to be realized there. We continue to evaluate and initiate programs to expand the margins, convert existing resources and discover more ounces."
The $26 million Rosebel Mill optimization, announced in July 2007, will be completed in November of this year. This optimization enables production rates to be maintained as more hard rock is fed into the mill. In 2008, $15 million remains to be spent on the optimization. The $18.4 million investment is planned for 2008, with results having an impact on production and costs beginning in 2009.
Concurrent with mill expansion is the redesign of the existing mine plan which eliminates marginal ore and reduces the life of mine strip ratio from 4 to 3.5 while maintaining the mine reserve grade at 1.2 grams/tonne. The impact of the lower strip ratio and the reduction of marginal material in the mine plan will reduce the current mine life by one year but the significant increase in profitability offsets the potential loss of production.
The Company is also spending $9.8 million in exploration and development which includes 26,000 meters of infill drilling for reserves development and resource conversion and 35,000 meters to delineate additional resources on known targets. The focus of this program is to increase overall mine grade and grow resources.
Further mine engineering work is also ongoing for an expansion in mine production capacity through an increase in the size of the mining fleet.

Underground Resources Now Total 1.86 Million Ounces TSX NGX AMEX NXG

VANCOUVER, Feb 06, 2008 /PRNewswire-FirstCall via COMTEX/ -- Northgate Minerals Corporation (CA:NGX) (NXG: Northgate Exploration Limited) is pleased to report the results of a new underground mineral resource estimate at its Young-Davidson property near Matachewan, Ontario. The estimate combines the results of the 2007 diamond drill program with historic drilling data. A re-estimate of the indicated resources mineable by open pit methods, incorporating the results of a recently completed infill drilling campaign, is presently underway and will be released at a later date.

EXPLORATION HIGHLIGHTS

- Total gold resources on the property including those mineable by open
pit methods is now 2.34 million ounces

- Total underground gold resources in the four main ore zones have
increased to 1.86 million ounces

- Indicated resources underground have increased to 1.42 million
ounces, a gain of 137% compared to last year's estimate

- The percentage of total resources underground in the indicated
category has increased from 36% to 76%

- Vertical continuity of the zones has been established to a depth of
1,350 metres below surface

- Horizontal continuity on two levels between the two historic mines
has now been demonstrated by drill intersections

Ken Stowe, President and CEO, commented, "Since we acquired the Young-Davidson property two years ago, we have essentially achieved our goal of doubling the underground gold resource base. We have clearly established that there are large areas of continuous mineralization both between and below the workings in the two historic mines. An equally important objective has been the conversion of inferred resources to the indicated category and we are very pleased that we now have 1.4 million indicated ounces underground with more to come in 2008. The first priority of our 2008 diamond drill program will be to increase the indicated ounces underground by an additional 0.5 million ounces focusing the drilling in the prospective areas between the two Boundary Zones and the Lucky/Lower YD Zones. Maximizing the number of indicated resource ounces is important as it is these ounces that can be converted into reserves in the upcoming Feasibility Study. The tight spatial distribution of the resources on the property will be beneficial in minimizing the required underground infrastructure."

JOHANNESBURG, SOUTH AFRICA, Feb 04, 2008 (MARKET WIRE via COMTEX) -- Researched by Industrial Info Resources (Sugar Land, Texas) -- If South African miner Gold Fields (GFI: gold fields ltd new sponsored adr) is only permitted 90% of its normal power usage, under the new allotments being managed by power utility Eskom to contain the country's power deficit, six of its 21 operating shafts will be at risk of closure. Last week Eskom cut the supply of power to all mines to 50% of normal supply, which only allowed for miners to perform minimum shaft maintenance and pumping. Mining operations were curtailed for safety and operational reasons.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/…ws.jsp?newsitemID=127388, or browse other breaking industrial news stories at http://www.industrialinfo.com.
Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. Celebrating its 25th anniversary, IIR provides accurate and timely intelligence featuring plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at http://www.industrialinfo.com.

Fronteer Realigns Newmont Partnership to Fast-Track Development of Sandman, Regains 100% of Northumberland

VANCOUVER, BRITISH COLUMBIA, Feb 06, 2008 (MARKET WIRE via COMTEX) -- Fronteer Development Group Inc. ("Fronteer" or the "Company") (CA:FRG) (FRG: fronteer dev group inc com) is pleased to announce that it has signed a Letter of Intent ("LOI") with its senior Nevada partner, Newmont Mining Corporation ("Newmont"), to rapidly advance the Company's Sandman gold project to a production decision within 36 months. As part of this agreement, Fronteer also regains an undivided 100% interest in Northumberland, one of the largest undeveloped Carlin-style gold deposits in Nevada.
The LOI gives Fronteer immediate exposure to near-term production in Nevada and increases its attributable gold resource base at Northumberland by 60%. Fronteer now assumes full ownership of Northumberland with a NI 43-101 resource estimate of 2.06 million ounces of gold (measured and indicated), 0.40 million ounces of gold (inferred), and 5.11 million ounces silver (inferred).
"As a result of this new partnership, Fronteer will have potential near-term production funded and operated by one of the world's best gold mining companies, while retaining 100% ownership of Northumberland and its gold ounces," says Fronteer President and CEO, Mark O'Dea. "In turn, Newmont is provided the quickest access to low-cost gold production and reserve replenishment from a project that has good synergies with its nearby infrastructure."
The LOI reflects Fronteer's dual growth platform: growth through resource expansion and discovery; and growth through future production. While Newmont advances Sandman toward a production decision, Fronteer can focus on an aggressive drill program at Northumberland and the Company's 17 other Nevada gold projects.
Sandman currently includes a group of five closely spaced gold deposits, four of which contribute to a combined NI 43-101 resource estimate of 271,900 ounces (measured and indicated) and 38,000 ounces (inferred) gold. The deposits are near-surface and open-pit mineable, with significant resource expansion and exploration upside potential.
Under the terms of the LOI, Newmont may earn an initial 51% interest in Sandman within 36 months by:
1. Spending a minimum US$14 million on exploration;
2. Making a production decision supported by a bankable feasibility study;
3. Reporting reserves;
4. Making a commitment to fund and construct a mine;
5. Advancing the necessary permits; and
6. Contributing adjacent mineral interest to the joint venture.
Newmont may earn an additional 9% interest in Sandman by spending a further US$9 million on development. Fronteer retains a 2% NSR on production of the first 310,000 ounces at Sandman. Fronteer can also elect to have Newmont arrange financing for its 40% of development costs.
In addition to regaining a 100% interest in Northumberland, Fronteer has been granted a free license for the use of Newmont's patented N2TEC flotation process technology. In return, Fronteer has granted Newmont preferential ore processing rights for any ore developed from Northumberland. Fronteer will invest approximately US$4M in Northumberland exploration for 2008, including plans to update the project's NI 43-101 resource estimate to include the previous three year's worth of drill results.
About Fronteer
Fronteer is an exploration and development company with a track record of making big discoveries. Fronteer has a 40% interest in three excellent gold and copper-gold projects in western Turkey, an extensive portfolio of advanced stage gold projects in Nevada, and a 42.3% interest in Aurora Energy Resources (CA:AXU: news, chart, profile) , a leading Canadian uranium company.
Mineral resources are not mineral reserves and do not have demonstrated economic viability, and there is no guarantee that any resource will become a reserve. Michael Gustin, Ph.D., of Mine Development Associates ("MDA"), Reno, Nevada, is designated as a Qualified Person for the Northumberland and Sandman resource estimates, with the ability and authority to verify the authenticity of, and validity of, this data. Mineral resources have been estimated by MDA in accordance with the standards adopted by the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Council in August 2000, as amended, and prescribed by the Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects. The Northumberland resource estimate is from the 43-101 Compliant Report; Technical Report, Northumberland Project, Nye County, Nevada, USA, July 15, 2006 by Mine Development Assoc. for NewWest Gold Corp. The gold cut-off grades (expressed in ounces of gold per ton) for the Northumberland Project measured, indicated and inferred resources are 0.01 for oxide material, 0.04 for shallow sulfide material and 0.10 for deep sulfide material. The inferred silver resource includes only silver lying within the modeled gold zones and within blocks that exceed the gold cut-off grades; no silver cut-off is applied. The Sandman mineral resource expressed is based on the technical report prepared by MDA as of May 31, 2007. The cut-off grade (expressed in ounces of gold per ton) for Sandman Project measured, indicated and inferred resources is 0.01 oz Au/ton for all of the shallow deposits and 0.02 oz Au/ton for the deeper zones at the Southeast Pediment deposit.

GOLDEN, Colo., Feb 06, 2008 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: CAU) , a Colorado-based mining company is pleased to provide the results of a new technical report that expands on the underground mining potential at its Briggs Mine in Inyo County, California. This new study expands underground mineral reserves previously announced on February 6, 2007 and was based on additional drilling on the Goldtooth structure at Briggs in the first half 2007 as reported on July 30, 2007. The following table displays the new mineral reserve estimate for the Briggs Mine:

DENVER, Feb 06, 2008 /PRNewswire-FirstCall via COMTEX/ -- Vista Gold Corp. (VGZ: VGZ) is pleased to announce that recent exercises of outstanding warrants issued as part of the Corporation's private placement of February 2006, which expired February 4, 2008, have resulted in the addition of approximately US$2.9 million in cash into the Corporation's treasury. This addition brings the Corporation's cash on hand to approximately US$11.0 million. The Corporation also holds securities valued at approximately US$10.9 million as of December 31, 2007. With the share issuances from these warrant exercises, there will be approximately 34.4 million common shares of the Corporation issued and outstanding and approximately 36.3 million common shares on a fully diluted basis.
In reviewing this and other developments, Fred Earnest, President and COO, commented, "This recent influx of cash will help us maintain a strong balance sheet while we arrange financing to advance the Paredones Amarillos Project. We anticipate the arrangement of interim financing through various bridge loan or convertible debt alternatives in the near future to fund the recent purchase of processing equipment for the Paredones Amarillos Project (see press releases of January 2 and January 8, 2008) and detailed engineering and other costs associated with the development of the project. Upon completion of the definitive feasibility study, we intend to have financing in place that will allow the start of construction on the project. We expect that the feasibility study at Paredones Amarillos will be completed early in the third quarter of 2008 and that construction can begin later in the year."
Mr. Earnest continued, "Vista was successful in acquiring gold resources during the 2002-2007 period, which included sustained times of depressed gold prices and completion of the transaction involving the transfer of Vista's Nevada assets to Allied Nevada Gold Corp., growing Vista's gold resource base from 1.8 million ounces to 18.1 million ounces at an average acquisition cost of US$0.62 per ounce of gold acquired. With gold prices continuing to rise, Vista is working to become a mid-size producer, with the goal of producing 350,000 to 400,000 ounces of gold per year by 2011. This level of production is predicated upon the successful achievement of our plans to construct and commission the Paredones Amarillos mine by late 2009 and the Mt. Todd mine by late 2010 or early 2011, subject to completion of definitive feasibility studies and obtaining acceptable financing arrangements."
About Vista Gold Corp.
In June 2007, Vista completed a preliminary feasibility study update on the Paredones Amarillos Project in Mexico that indicated positive results which show it could produce 1.4 million gold ounces over a ten-year life at gold prices lower than those now prevailing. The Corporation hopes to confirm these results with a definitive feasibility study in 2008. Based on the favorable results from the preliminary feasibility study and the higher gold prices, Vista has undertaken programs to advance development of the Paredones Amarillos Project, including the purchase of used mill equipment, with the objective of commencing construction during the second half of 2008.
The results of a preliminary assessment completed in 2007 on the Mt. Todd Project in Australia were encouraging, showing that 266,000 gold ounces and 4.3 million pounds of copper (with a US$32 per gold ounce copper credit at copper prices of US$2.00 per pound) could be produced annually over a ten-year life for a total gold production of nearly 2.7 million ounces and nearly 43 million pounds of copper at an average operating cost of US$391 per gold ounce net of copper credits. A development drilling program was completed in 2007 which will result in a new resource estimate planned to be completed during the first quarter of 2008. Additional technical studies and a drilling program are planned for 2008 at Mt. Todd and a definitive feasibility study is planned for completion during the first half 2009 with construction then possible as soon as financing is arranged if the results of the definitive feasibility study warrant. Vista's other holdings include the Guadalupe de los Reyes Project in Mexico, where Vista recently completed the consolidation of the known gold resources in the district under its ownership. During the remainder of the year, the Corporation will undertake preliminary exploration and development activities at Guadalupe de los Reyes. Vista also controls the Yellow Pine Project in Idaho where the results of a preliminary assessment published in December 2006 indicated that with an initial capital investment of approximately US$150 million to process three million tons of ore per year at operating costs of US$402 per ounce and annual production of 189,000 ounces of gold, results are encouraging at gold prices above US$550 per ounce. During 2008, the Corporation plans to undertake further engineering and environmental studies at Yellow Pine. Currently, development of the Yellow Pine Project is not expected to commence until after the successful start of the Paredones Amarillos Project. The Awak Mas Project in Indonesia and the Long Valley Project in California have had preliminary assessments completed recently. Vista is considering various options including potential joint venture arrangements or sale of the Amayapampa Project in Bolivia.
For further information on the Paredones Amarillos Project, the Mt. Todd Project and the Yellow Pine Project, see the following reports filed under Vista Gold Corp. on SEDAR: "Updated Technical Report, Paredones Amarillos Project, Baja California Sur, Mexico", June 20, 2007, prepared under the direction of Mr. Neil Prenn, an independent qualified person; "Preliminary Economic Assessment, Mt. Todd Gold Project, Northern Territory Australia", December 29, 2006, prepared under the direction of Mr. John Rozelle, an independent qualified person; and "CNI 43-101 Technical Report, Preliminary Assessment of the Yellow Pine Project, Yellow Pine, Idaho", December 13, 2006, prepared under the direction of Mr. Richard J. Lambert, an independent qualified person.
The preliminary assessments of the Mt. Todd Project and the Yellow Pine Project are preliminary in nature and include inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the preliminary assessments will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Under a directive issued by the Department of Water Affairs and Forestry, Simmers in conjunction with AngloGold Ashanti Ltd. (AU) and Harmony Gold Mining Co. (HMY) are responsible for the operation of the Margaret shaft at the dormant Stilfontein mine. Margaret Shaft is operated as a pumping facility for all mines in the region.

JOHANNESBURG, Jan 28, 2008 (Dow Jones Commodities News via Comtex) -- Edited Press Release
Harmony Gold Mining Co. (HMY) has agreed to power rationing in South Africa and it to be supplied with 75% of its normal average consumption in order to make safe its mines until Wednesday, when a meeting with state power company Eskom Holdings Ltd. will be held.
The Johannesburg-based company said mining industry was notified that Eskom could only supply sufficient power to put the mines in "safemaking" mode. In addition, Eskom committed to giving the industry four hours prior notice of any impending blackouts, an improvement on the situation that existed in past days where no persons have been underground except those on essential services.
Harmony in a statement Sunday said the talks with Eskom will look at the possibility of increasing power supply to 90% from 75%.
Harmony is presently strategizing on how best to optimize plants and operations with the amount of power it will be supplied. Harmony's nightshift was to have gone underground Sunday and Monday to commence with making areas safe to resume production as soon as we are supplied with 90% energy.
Elandsrand Gold Mine, which is currently Harmony's biggest safety risk mine, sent workers underground Sunday morning to begin with cleaning and safemaking.

JOHANNESBURG, Jan 28, 2008 (Dow Jones Commodities News via Comtex) -- Harmony Gold Mining Co. (HMY), Africa's third-largest gold producer, is considering mining and processing waste in tailings dams at its operations in Welkom, South Africa.
The Johannesburg-based company has nine historic tailings dams in the Welkom area, and it Monday said proposed operations would process about 240 metric tons of tailings to extract gold.
"The re-mining of tailings presents an ideal opportunity to consolidate tailings facilities spread across the region into three tailings facilities," Chief Executive Graham Briggs said in a statement.
The process would be focused on gold, although Harmony said the extraction of uranium is being addressed.
Gold may be reclaimed from the slurry at Harmony's existing St. Helena processing plant, situated southwest of Welkom. The plant was mothballed almost three years ago and could be brought into production again.
The company said the plant may be expanded to allow for the treatment of the required volumes of slurry.
It said several regulatory processes are being conducted, including an environmental impact assessment to evaluate potential environmental and social impacts.
Should the Harmony project be approved by the authorities, it is expected that construction at operations would begin toward the end of 2008, Harmony said. It said it anticipates that about 130 temporary job opportunities would be created during the construction phase, and about 150 permanent jobs created by the project over a 20-year period.

LONDON, Jan 29, 2008 (Dow Jones Commodities News via Comtex) -- Edited Press Release
Harmony Gold Mining Company Limited said Tuesday it is investigating the feasibility of re-mining some of its old tailings dams at its operations in the Welkom area.
The company said the objectives of the project are to re-mine old tailings dams, re-process the tailings to extract gold and consolidate the residue tailings from the processing plant onto three tailings facilities.
Nine historic tailings dams in the Welkom area are being considered as part of this project. The proposed operations in Welkom will process about 240Mt of tailings from these existing tailings dams.
The project consists broadly of the following components:
* Re-mining the nine existing tailings facilities
* Pipelines to supply water to the re-mining areas, and to transport the slurry to the processing plant
* Gold to be removed from the slurry at the existing St Helena processing plant.
* Pipelines to supply water to the processing plant and to transport tailings residue from the processing plant to three tailings deposition facilities.
Graham Briggs, Chief Executive said: "The re-mining of tailings presents an ideal opportunity to consolidate tailings facilities spread across the region into three tailings facilities. This will allow for better management of the facilities and the implementation of stricter control on environmental management, which earlier facilities may not have taken into account during design."
The reprocessing of tailings is focused on gold extraction. The potential extraction of uranium is still being assessed.
Gold may be reclaimed from the slurry at the existing St Helena processing plant, situated south-west of Welkom. The plant was mothballed almost three years ago and could be brought into production again. It amy be expanded to allow for the treatment of the required volumes of slurry.
Several regulatory processes are being conducted, including an Environmental Impact assessment. The purpose of the EIA is to evaluate potential negative and positive environmental and social impacts.
The company added: "Should the Harmony re-mining project be approved by the authorities, it is expected that construction at these operations will commence towards the end of 2008.
"It is anticipated that about 130 temporary job opportunities will be created during the construction phase. Furthermore, about 150 permanent jobs are expected to be created by the project over a 20- year period. This is subject to the outcome of the engineering studies.
"Three significant benefits that will flow from the proposed project include addressing environmental concerns related to the existing nine tailings dams; consolidating tailings using current best practice and significantly reducing current environmental impacts; and the economic benefit of gold recovery.
"Harmony's successful and profitable tailings project near Virginia, the R41 million Phoenix project, was upgraded to process 500 000 tonnes per month. It is anticipated that the St Helena plant would be a profitable business; capital and working cost estimates are yet to be finalised."
Harmony said it welcomes stakeholders participation in the EIA process to identify issues of concern and suggestions for enhanced benefits.

JOHANNESBURG, Jan 30, 2008 (Dow Jones Commodities News via Comtex) -- Harmony Gold Mining Co. (HMY), Africa's third-largest gold producer, Wednesday said it has varying staff complements in each of its mines in South Africa after the country's power generator increased the supply of electricity.
It said higher ore grade mines Elandsrand, Randfontein, Tshepong, Evander and the some of the Virginia operations are fully staffed, while Target, Masimong and Phakisa have a 60% complement. It said the rest of its mines are focused on care and maintenance of operations.
"We have stopped most of the support infrastructure and some of the metallurgical mills from operating during the country's peak consumption periods. In some cases hoisting of ore is done between midnight and five in the morning when the country's consumption is at a low peak," the Johannesburg-based company said.

TSX NGX AMEX NXG

VANCOUVER, Jan 31, 2008 /PRNewswire-FirstCall via COMTEX/ -- Northgate Minerals Corporation (CA:NGX) (NXG: Northgate Exploration Limited) is pleased to announce that the Supreme Court of Victoria has approved the Schemes of Arrangement (the "Schemes") for securityholders of Perseverance Corporation Ltd. ("Perseverance") in a hearing held earlier today in Australia. This is the final approval required for the Schemes. Completion of Northgate's acquisition of Perseverance pursuant to the Schemes is scheduled to occur on February 18, 2008.
Further information about the acquisition of Perseverance can be found in Northgate's press release dated October 28, 2007.
NORTHGATE MINERALS CORPORATION is a gold and copper mining company focused on operations and opportunities in the Americas and Australia. The Corporation's principal assets are the Kemess South mine in north-central British Columbia and the Young-Davidson property in northern Ontario. With the proposed acquisition of Perseverance Corporation Limited, the addition of two operating mines will create a leading multi-mine, mid-tier gold producer, with over 400,000 ounces of gold production in 2008. Northgate is listed on the Toronto Stock Exchange under the symbol NGX and on the American Stock Exchange under the symbol NXG.

VANCOUVER, Jan 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- (All figures in US dollars except where noted) - Northgate Minerals Corporation (CA:NGX) (NXG: Northgate Exploration Limited) today reported its fourth quarter 2007 operating results and 2008 production forecast, as well as 2008 exploration plans for its Canadian properties.

FOURTH QUARTER 2007 HIGHLIGHTS

- Quarterly gold production of 41,467 ounces bringing total 2007
production to 245,631 ounces;

- Quarterly copper production of 16.8 million pounds bringing total
2007 production to 68.1 million pounds; and,

- Quarterly gold net cash cost of $48 per ounce bringing annual net
cash cost to negative $16 per ounce of gold for all of 2007.

- Shareholders, warrant holders and noteholders of Perseverance
Corporation Ltd. ("Perseverance") approved Northgate's offer to
acquire the Australian gold producer and the transaction is expected
to close on February 18, 2008.

2008 PRODUCTION FORECAST HIGHLIGHTS

- The Kemess mine is forecast to produce 243,000 ounces of gold and
64.4 million pounds of copper in 2008.

- The cash cost of production, net of by-product credits, is forecast
to be $130 per ounce of gold assuming a copper price of $3.00 per
pound and an exchange rate of Cdn$/US$1.00.

- Canadian exploration spending is forecast to be $22 million, most of
which will be devoted to the Young-Davidson property near Matachewan,
Ontario. The surface and underground diamond drilling programs at
Young-Davidson will continue and Northgate expects to complete a
feasibility study for the project by the end of the year.

- Gold production from the Fosterville and Stawell mines in Australia
is expected to be in the range from 190,000 to 200,000 ounces during
2008 and this production will be included in Northgate's consolidated
results after the transaction closes on February 18. Northgate will
provide further production and cost guidance for its newly acquired
Australian mines in March 2008.

Ken Stowe, President & CEO, commented, "While the revised fourth quarter production at Kemess fell short of our expectations, our total 2007 production of 245,631 ounces of gold at a net cash cost of negative $16 per ounce generated excellent cash flow in 2007's strong metal price environment. With the acquisition of two operating mines in Australia, Northgate's total metal production in 2008 is forecast to be over 400,000 ounces of gold and 64.4 million pounds of copper, all of which is unhedged, and will be sold at spot prices giving us maximum exposure in the current robust metal price environment. With successful securityholder votes behind us on the Perseverance transaction and the upcoming resource update we expect to announce at Young-Davidson, Northgate has become a multi-mine, mid-tier, gold producer with production platforms in two excellent mining jurisdictions from which we can generate additional growth opportunities through exploration and acquisition."

JOHANNESBURG, Feb 01, 2008 (Dow Jones Commodities News via Comtex) -- Gold Fields Ltd. (GFI) Friday said South African power supplier Eskom Holdings Ltd. has reinstated plans allowing mines to increase power usage to 90% of normal from 80%, authorization it withdrew Thursday due to problems meeting demand for power across the country.
The Johannesburg-based company said it was "cautiously remobilizing" toward the 90% usage level.
"While we welcome the reinstatement of the 90% power levels, we urgently need a guarantee of a sustainable level of supply. We need to have a consistent guaranteed supply to reestablish our operations safely at these levels," Terence Goodlace, head of Gold Fields' South African operations, said.
Gold, platinum, diamond, coal and other mining operations were suspended Jan. 25 for five days after Eskom warned it was unable to ensure electricity supplies. Mines have since been ramping up operations in anticipation of an only 10% reduction in usual power demand.
Company Web site: http://www.goldfields.co.za

JOHANNESBURG, Jan 31, 2008 (Dow Jones Commodities News via Comtex) -- Gold Fields Ltd. (GFI), Africa's second-largest gold producer, Thursday said it has been informed that South Africa's state electricity generator won't increase power levels to 90% of demand as planned.
Underground mining operations across the country were suspended last Friday after utility Eskom Holdings Ltd. said it couldn't ensure the supply of electricity. The supply of power has been ramped up in recent days, allowing most mining companies to resume operations.
Gold Fields said Eskom informed the company that the order to increase to a 90% power load was withdrawn in order to "protect further frequency decay and system instability."
The Johannesburg-based company said it has pulled back production levels at its operations to an 80% power level in order to comply with Eskom's instruction and in the interest of safety.
Company Web site: http://www.goldfields.co.za