Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

Mag Silver Corp. applied for a mining permit for JUANICIPIO Project, Mexico.

London-listed Petra Diamonds has reduced its production targets at its mines in Africa for this fiscal year by 0.25 million carats to 2.85 million carats.

Canadian Yukon-Nevada Gold Corp. (TSX:YNG) reported it slipped to a loss in its second-quarter due to the absence of prior year's gain and higher costs.

In response to yesterday's post Teddy Roosevelt's North Dakota badlands ranch 'threatened' by gravel pit Chris Johnson from Painted Canyon, Medora, North Dakota had this to say.

Midas Gold Corp. announced new drilling results for Golden Meadows, USA.

Copper Fox Metals Inc. updated its drilling results for Schaft Creek, Canada.

Teras Resources Inc. updated its drilling results for CAHUILLA GOLD PROJECT, USA.

Deutsche Bank expects that platinum supply could see further cutbacks as economic/social pressures in South Africa mount and the price could be dragged higher by stronger gold prices over the remainder of 2012.

Sepro Mineral Systems has been awarded a contract by Hemco, Nicaragua’s second largest gold producer, to supply a milling and gravity recovery circuit for the company’s operation in the municipality of Bonanza in north-eastern Nicaragua.