August 1, 2012

Nautilus to raise funds and continue equipment build

The company plans to raise approximately $34 million through a private placement of 37.7 million shares at a price of $0.90 per share to assist with the continued funding of…

August 1, 2012

Baja Mining announces director resignations

Baja Mining reports that Stephen Lehner and Ken Murphy, who joined the board in May, have resigned from Baja's board.

August 1, 2012

Silvercorp reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China

The company reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China

August 1, 2012

Pilot Gold Reports 0.64 g/t gold and 0.52% copper over 134.90 meters at Halilaga

The company reports 0.64 g/t gold and 0.52% copper over 134.90 meters at its Halilaga project in Turkey.

August 1, 2012

Full Metal announce 2012 drill program underway at the Pyramid cu-au-mo porphyry deposit, Alaska

The company highlights findings of: PY11-010: 310.29 meters 0.53% copper equivalent equivalent and PY11-016: 155.94 meters 0.97% copper equivalent

July 31, 2012

Retreating ice reveals huge riches in Greenland

Business Insider has the story about Greenland and global warming, which is peeling back thick ice and uncovering vast mineral wealth.

July 31, 2012

Canadian penny to stick around until after Christmas

It was supposed to be gone this fall, but the Canadian penny is getting a reprive due to concerns of retailers who are worried about making the transition right before…

July 31, 2012

CuOro intersects 6 metres of 4.9% copper at the Santa Elena project in Colombia

The company's report highlights the intersect hole SEDDH-84 having found 6.0 meters of 4.9% copper at a down-hole depth of 56.0 meters.

July 31, 2012

African Copper Plc: final results for the year to 31 March 2012

The company dropped 11% in share price after reporting a detailed listing of its audited results for the year ending March 2012

July 31, 2012

Dour mining report substantiates warnings of an Australian resource sector slowdown

A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.