Grasberg hardball scores an own goal for Indonesia: Gadfly

Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.

The agreement over the Quebec Tres-Or gold project, which covers 6,356 hectares, outlines that Aurizon can earn an initial 50% interest by incurring exploration expenditures totaling $10 million.

Ocean Mar has been granted exclusive salvage rights to the steamship SS Islander carrying gold from the Klondike that sank near Juneau, Alaska, over 100 years ago.

After announcing an economic report today, shares in Prophecy Platinum traded hands at six times their usual volume.

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards to its obligation to complete the agreement reached in March last year for Nautilus Solwara 1 copper project.

Canadian Yamana Gold Inc. (TSX:YRI) (NYSE:AUY)(LSE:YAU) announced a $400 million acquisition Monday of Argentina-focused junior miner Extorre Gold Mines (AMEX:XG) (TSX:XG), which has an appealing gold-silver project in the South American country, while also saying it plans to boost its dividend by 18%.

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those accusations as uninformed and a “double standard."

Edgewater Exploration Ltd. arranges $120 million debt financing with Credit Suisse AG and Barclays Bank PLC to to develop the Corcoesto Gold Project, Galicia Spain.

The risk of a Greek exit from the Eurozone "has moved towards next year," and "markets will be concerned about how narrow the margin of victory" was for the pro-bailout party say analysts.