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 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.

Amid declining gold prices, several miners are struggling to keep costs down, but Sacre-Coeur Minerals (CVE:SCM) (OTC:SCRMF) is not one of them. The company boasts all-in cash production costs of less than $500 an ounce at its alluvial/elluvial operations in Guyana. 

Sunridge Gold Corp. (CVE:SGC)(OTCQX:SGCNF) has done exactly what it set out to do last year in releasing a feasibility study for its Asmara project in Eritrea that minimizes the capital exposure in a challenging time for Canadian juniors, with the company now having a plan to start initial production almost one year earlier than the preliminary report. 

Jennings Capital analyst Dan Hrushewsky has highlighted what he called Asanko Gold's (TSE:AKG) "good project economics" at the Esaase gold project in Ghana, saying the company ranks first of all Canadian gold companies on its radar in terms of cash as a percentage of market cap. 

Gold, silver and antimony miner Mandalay Resources (TSE:MND) has issued a strong message of intent with a promise to pay 6% of net future revenues in dividends. Mandalay announced a dividend for the quarter of C$0.769 in line with this new policy.