February 1, 2012

Auriga Gold to Acquire the Prosperity North Property, British Columbia, from Pioneer Metals

Auriga Gold Corp. (TSX VENTURE:AIA) ("Auriga Gold" or the "Company") is pleased to announce it has entered into an agreement to purchase a 100% undivided interest in a 12,622 ha…

February 1, 2012

Copper emerges as star performer-Scotiabank Commodity Price Index

Scotiabank economist, Patricia Mohr, suggests the gold bull run is intact with Scotiabank's Commodity Price Index price forecast revised up to an average of $1,750 for 2012.

January 31, 2012

HudBay to Purchase 9.9% of Northern Shield

Northern Shield Resources Inc. ("Northern Shield") [TSX-V: NRN] is pleased to announce that it has entered into a subscription agreement with HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) ("HudBay") pursuant to…

January 31, 2012

Ivanhoe Australia appoints investment bank UBS to advise on its ongoing strategic partnership process

MELBOURNE, AUSTRALIA--(Marketwire - Jan. 30, 2012) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the appointment of UBS Investment…

January 30, 2012

First Quantum signs US$1 billion financing facilty for its Zambia operations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2012) - First Quantum Minerals Ltd. ("First Quantum" or the "Company" or "FQM") (TSX:FM)(LSE:FQM) is pleased to announce the signing of a US$1 billion…

January 30, 2012

Osisko bogged down at same Argentina project where Barrick came unstuck

Osisko Mining on Monday said the company's Famatina project in La Rioja, Argentina, remains stalled almost a month after protesters began blockading the site and marched on the governor's office and…

January 30, 2012

Undur Tolgoi Minerals Inc. Announces Winter Work Program Over Mongolian Property

Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (CNSX:UTM) is pleased to announce that its Board of Directors has reviewed and unanimously approved an exploration Program (the "Work Program") for…

January 29, 2012

Natives cynical as Prosperity Mine environmental review begins

The native group opposing the Prosperity Mine in northern British Columbia has little faith in the just-launched federal environmental review of the project, CTV News reports.

January 28, 2012

Indonesia revokes gold mining permit amid violence

Indonesia on Saturday revoked a gold mining exploration permit granted to an Australian miner following a series of violent protests against the project left two dead last month, reports said.

January 28, 2012

When things go wrong with mining trucks

Photographer Martin Foskett spliced together a video of mining equipment accidents. Apart from the maudlin and rather depressing soundtrack, the video makes for an interesting diversion and a reminder that…