Cecilia Jamasmie , Editor-in-Chief

Mariana Resources takes a stake in promising gold project in Peru

Australia-based Mariana Resources (LON:MARL) (TSX:MRY) , an exploration and development company focused in southern Argentina and Chile, announced Thursday it signed a Letter of Intent ("LOI") with Canadian junior Condor Resources to explore a gold deposit in northern Peru.

Cecilia Jamasmie | October 4, 2012 | 3:15 pm

Bullion enthusiasts’ best friend? A 24-karat gold-plated iPhone 5

A bit over a week since Apple launched its latest smart phone version, London jeweller Gold & Co. is hitting the market with a 24-karat gold-plated iPhone 5 that “only” costs $4,380.

Cecilia Jamasmie | October 4, 2012 | 2:12 pm

Chile’s appeals court to hear injunction request against Barrick’s Pascua Lama

A Chilean appeals court has accepted a request for an injunction against Canada’s Barrick Gold (NYSE, TSX: ABX) and its Pascua Lama project, filed by a group of northern natives in conjunction with the local government’s environmental evaluation committee.

Cecilia Jamasmie | October 4, 2012 | 1:36 pm

Argyle’s sparkle lights up Rio Tinto’s newest collection of rough diamonds

Miner giant Rio Tinto (LON:RIO) launched Thursday its “Specials” tender, which showcases the finest large rough diamonds from a year’s production from its three operating diamond mines.


Cecilia Jamasmie | October 4, 2012 | 12:40 pm

Protest against Centerra Gold in Kyrgyzstan turns violent

Demonstrators clashed with police and tried breaking into a building housing the parliament and government offices in Kyrgyzstan's capital Wednesday, as they demanded the nationalization of the Kumtor gold mine, owned by Canadian Centerra Gold (TSX:CG).

Cecilia Jamasmie | October 3, 2012 | 6:12 pm

South Africa’s wildcat strikes reach Harmony Gold

South Africa's third-largest gold producer after AngloGold and Gold Fields Ltd., Harmony Gold Ltd. (JSE:HAR), said Wednesday that workers at its Kusasalethu mine embarked on a strike.

Cecilia Jamasmie | October 3, 2012 | 5:44 pm

Rio Tinto to survive the slowdown by making hay

While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.

Cecilia Jamasmie | October 3, 2012 | 4:46 pm

Xstrata increases copper and silver reserves at Argentina’s El Pachon project

Xstrata Copper announced Wednesday a significant increase to the mineral resource estimate at El Pachón copper and silver project in San Juan Province, Argentina.

Cecilia Jamasmie | October 3, 2012 | 3:59 pm

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.

Cecilia Jamasmie | October 3, 2012 | 3:16 pm

Chile’s deputy mining minister ‘quits’ after lithium fiasco

Chile's deputy mining minister, Pablo Wagner, resigned a day after the government decided to revoke the lithium mining concession awarded to a local company last week, acknowledging problems with the tender process.

Cecilia Jamasmie | October 3, 2012 | 2:17 pm

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