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A test mining program by Pure Gold Mining at Red Lake yielded 56 per cent more gold than expected.. The Vancouver mine developer is working on a feasibility study to bring the former Madsen Mine in northwestern Ontario mine back into production.

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Earlier this month, she held talks with representatives of Indian investment company SUN Gold and Chinese stateowned gold mining company China National Gold. Chinese and Indian companies plan to invest nearly 500 million in the project, which is expected to create about 3,000 jobs in the region.

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Located in Western Alaska, in the Yukon Kuskokwim region, Donlin Gold is one of the largest known, undeveloped gold deposits in the world, with probable reserves estimated at million ounces of gold. Based on exploration results, the Donlin Gold project will be an environmentally sound, openpit gold mine.

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Comstock Mining Inc. on Thursday announced its progress toward, and additional plans for, advancing its Dayton project, which contains the company's second largest gold and silver mineral resource.

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How To Start A Gold Mining Company. How To Set Up Your Own Gold Mine – Starting A Gold Prospecting Business The value of gold keeps rising even while faced with economic crisis. Many individuals and companies are interested in starting their own gold mining business because of its continued popularity.