Important gold mining Information

Hidalgo Announces Agreement Signed With North Bay on Gold Hill Project (Marketwire via Yahoo! Finance)

Hidalgo Mining International Inc. (Pinksheets: HMIT) is pleased to announce that it has signed a Letter of Intent with North Bay Resources Inc. to enter into a joint-venture for the development of North Bay's Gold Hill Project. Terms of the agreement will be announced once a formal contract has been executed.

Seabridge Gold CEO Seeks Sale, Partnership With Larger Rival (Bloomberg)

Dec. 2 (Bloomberg) -- Seabridge Gold Inc. , which has lost more than half of its market value this year, said it hopes to be bought by a larger rival in the next year or find a partner to help develop its 20 million-ounce KSM gold deposit in Canada.

Gold Advances in London as Yesterday’s Plunge Draws Investors (Bloomberg)

Dec. 2 (Bloomberg) -- Gold rose in London as yesterday’s plunge, the biggest in more than seven weeks, attracted investors. Platinum and silver also advanced.

Australia Stocks: David Jones, Macquarie, Sino Gold, Woodside (Bloomberg)

Dec. 2 (Bloomberg) -- The S&P/ASX 200 Index fell 93.80 points, or 2.6 percent, to 3,587.40 at 2 p.m. in Sydney, the most since Nov. 20. Mining shares: BHP Billiton Ltd.

Medusa works on new vein at gold mine (Philippine Daily Inquirer)

The Philippine unit of Australian firm Medusa Mining Ltd. said it had started development of a newly discovered high-grade vein at the Co-O gold mine in the southern province of Surigao del Sur.

Chapter 8 - Gold and Gold Mining Stocks (Kitco.com)

Ten years ago, gold analysts had a minimum annual 100,000 ounce production parameter before they placed gold mines on their radar screens.

Altius: Additional High Grade Gold Encountered at Viking Project, Newfoundland, Canada (Marketwire via Yahoo! Finance)

Altius is pleased to advise its shareholders that Northern Abitibi Mining Corp. has announced further drill core assay results from the recent drilling program at the Viking gold project.

(AFX UK Focus) 2008-12-01 13:22 Glance-STOCKS NEWS EUROPE-EMED Mining rises 3 pct; strikes gold (Interactive Investor)

STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News

Northern Abitibi Drills More High Grade Gold at Viking (CCNMatthews via Yahoo! Finance)

CALGARY, ALBERTA-- - Northern Abitibi Mining Corp. is pleased to provide assay results for drill holes 3 to 5 from its recently completed 10 hole drill program on the Viking gold property in Newfoundland.

WA Business and Mining (The West Australian)

Mining identity Michael Kiernan says he will double his stake in cash-strapped copper and gold producer Redbank Mines whose chairman Kim McGrath stood down on Friday, citing personal reasons.

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