Gold producer Great Basin Gold (TSE:GBG)(AMEX:GBG) Tuesday posted a 27% increase in revenue to $33 million for the quarter that ended March 31, compared with the same quarter a year earlier. The company cited a 7 percent improvement in ounces sold, as well as an 18 percent increase in the realized gold price.

Gold producer Great Basin Gold (TSE:GBG) (AMEX:GBG) said Monday that full year losses narrowed and revenues jumped 70 percent as gold equivalent ounces sold increased with the price of gold.

Great Basin Gold (CVE:GBG) Wednesday provided an update on progress at its operations as well as exploration and drilling results for its Hollister project and Burnstone Mine.

In the three months to September 30, the emerging gold producer, which is focused on its Hollister project in Nevada and the Burnstone project in South Africa, recovered 32,531 gold equivalent ounces, and sold 29,308 ounces, at a realized price of $1,593 per gold equivalent ounce.

The total gold equivalent ounces sold from Great Basin Gold's Hollister and Burnstone mines increased in the June quarter by 100% to 40,141 ounces, from 20,118 ounces in the prior quarter.

The news came with a trading halt on Barrick’s stock on the TSX effective 12:04pm Toronto time, and on stock inSilver Wheaton (NYSE:SLW) (TSE:SLW), the embattled giant’s partner on the project, a few minutes later. Prior to the stop trade order, stock in Barrick was trading down, hitting an intraday low of $19.41 per share from an open of $19.56, a far cry from the stock’s 52 week high of $43.30  per share.

Klondex Mines (TSE:KDX) was touted as having a high grade resource in a strategic location with potential for a "number of upside opportunities" on Friday, in an initial coverage report by Casimir Capital's Erin Winmill. The analyst started the advanced-stage development company, which is focused on its Fire Creek gold project in Nevada, with a speculative buy rating and a $2.50 price target - more than double its current trading price. 

Revett Minerals (NYSE MKT:RVM) (TSE:RVM)  plunged almost 25 per cent on Thursday after the company said it must slash its workforce at its Troy mine amid some unexpected structural damage found as part of its underground development work. 

Sunridge Gold Corp. (CVE:SGC) has added more good news to an already auspicious month with the completion of a mineral resource estimate for the Kodadu target on the company’s Asmara project in Eritrea, the sixth such mineral resource defined by the Vancouver-based exploration and development company on the property.

The new DFS for Aureus's New Liberty gold mine in Liberia has increased the net present value of the asset, and points to lower operating costs and improved proven plus probable reserves.