While some analysts argue that the continued climb in gold will increasingly rely on purchases by central banks, the world’s biggest asset manager is seeing a different pattern unfold.

FLSmidth has signed a share purchase agreement to acquire 100% shareholding in Darimec S.r.L., an Italian company that designs and manufactures girth gears, pinions and custom made reducers mainly for the cement and minerals industries.

Copper Investing News delves into the history books and takes a look at copper mining on the island of Cyprus which is so closely associated with copper, that the word “copper” is actually derived from the Greek name for the island, Kupros. Cyprus’ copper deposits are being revalued and in 2010, around $13 million worth of copper was exported from Skouriotissa (pictured), the world’s longest producing commercial copper mine first explored in 1914 but exploited since the Bronze Age.

Mesa Exploration Corp. announced on Wednesday that the company has commenced an exploration program on the Blawn Mountain and White Mountain potash projects in western Utah.

FLSmidth has been awarded a contract worth approximately EUR 25m (approximately DKK 180m) by Jhabua Power Ltd. for the supply and installation of the first phase of a 1,800 tons per hour coal handling plant for their upcoming power plant project at Jhabua in the state of Madhya Pradesh in central India.

CDE have announced the addition of Pilot Crushtec to their global distributor network with responsibility for South Africaand sub-SaharanAfrica. Pilot Crushtec will promote the full range of CDE washing equipment including the Evowash sand washing plant, Prograde screens, M2500 mobile washing plant, Rotomax logwashers and Aquacycle thickeners.

U3O8 Corp. reported ranium recoveries of 82% from the first phase of ongoing metallurgical testwork on the Kurupung-Aricheng Project in Guyana.

Quantum Rare Earth Developments Corp announced results for the first of five drill holes from the spring/summer 2011 exploration program at the […]

Millrock Resources Inc. announced results from the first phase of drilling at the Uncle Sam gold project in the Tintina Gold Belt, […]

Shore Gold Inc. could be one step closer to opening Canada's next diamond mine, according to a story published in the Journal of Commerce.