Australian white metal hunter up 11% after buying Bowdens
Australian silver explorer Silver Mines (ASX:SVL) is now all-in as it seeks to develop the continent's largest undeveloped silver deposit- the Bowdens Silver Project.
Canada’s Barrick Gold (NYSE, TSX: ABX) will invest about $2 billion in Argentina next year mainly to advance construction at its massive Pascua-Lama gold-silver project, straddling the border with Chile.
The Arab states of Sudan and Saudi Arabia unveiled Tuesday plans to start mining for gold, copper, silver and other riches along the Red Sea basin between the two countries as early as 2014.
South America-focused gold and silver miner Patagonia Gold (LON:PGD) (TSX:PAT), announced Monday it produced its first doré gold bar from its Lomada de Leiva gold and silver project in the province of Santa Cruz in Argentina.
Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.