MINING.COM

Happy day: Silver hits 5-month high, gold attempts $1,800 and Dow scales 13,000

Silver’s gains for 2012 now stands at over 30% while gold added more than 180/oz in January and February. The last time the Dow closed above 13,000 was in May 2008.

MINING.com Editor | February 29, 2012 | 1:05 am

400 million euros worth of shipwrecked gold and silver coins back in Spain

Associated Press reports that two military planes laden with 17 tons of silver and gold coins recovered from a sunken Spanish galleon have touched down in Madrid.

Andrew Topf | February 26, 2012 | 10:32 pm

Vedanta consolidation to create world’s 7th largest natural resources company

London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.

Andrew Topf | February 25, 2012 | 8:05 pm

Canadian Mandalay Resources delays shipments to Chile due to ongoing protests

Canadian miner Mandalay Resources (TSX: MND, MND.WT) announced today that scheduled shipment of concentrate for February from the Cerro Bayo silver-gold mine in Chile has been delayed due to increasing public protests in the south of that country.

Cecilia Jamasmie | February 24, 2012 | 3:07 pm

Coeur d’Alene back in black with $1-billion in metals sales

Coeur d'Alene Mines Corp. broke production and sales records in 2011.

Andrew Topf | February 23, 2012 | 7:09 pm

Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy in 2011.

Marketwire - Mining and Metals | February 23, 2012 | 5:50 pm

Pan American Silver increases proven and probable mineral reserves after successful 2011 exploration campaign

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 22, 2012) - (All amounts in US dollars unless otherwise stated and all production figures are approximate)

Marketwire - Mining and Metals | February 23, 2012 | 12:43 am

A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000%

The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – together with increased royalty rates will cripple the industry.

Frik Els | February 20, 2012 | 9:04 pm

High school grads crush teacher salaries with +$50K/yr mining jobs

The salaries that high school grads can pull in from mining has at least one Idaho teacher considering a mid-life career change.

Andrew Topf | February 19, 2012 | 9:46 pm

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Gold firms gear up for growth as cost of mining the metal falls

Top miners squandered $200 billion during boom

US government expected to green-light first private Moon mission

Goldcorp and Teck plow ahead with new $3.5bn mine in Chile

Commodities storming back into bull market

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