Cyprium Mining finalizes rehabilitation of shaft #3 of the Potosi Silver Mine

Hecla Mining reported the largest resource calculation in company history today with 148 million ounces of silver reserves and 281 million ounces of resources. The silver numbers represented a 4% increase in reserves and a 13% bump in resources. Hecla also noted a 33% increase in gold resources to 597,600 ounces, while lead and zinc increased a respective 21% and 26%.

Canadian junior explorer Abcourt Mines (TSX-V:ABI) has intercepted a high-grade silver zone at its Abcourt-Barvue orebody in Quebec.

Brazillian miner Vale SA said Tuesday it is gradually resuming mining at its underground nickel operations in Sudbury, Canada.

The Washington Post reports a "stark collision of cultures" is taking place in the desert mountains of Mexico, where the Huichol Indians are trying to stop a Canadian company from starting a $100-million silver mine.

In a recent Fortune article, Warren Buffett provided a glimpse into his upcoming annual shareholder letter. Buffett used this opportunity to once again remind everyone how much he dislikes gold.

The mining industry in Nevada is becoming a catalyst for an employment revival.

Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations.

Scotgold Resources announced Tuesday it expects to receive a mining lease from the Crown for the Cononish gold and silver project, the only one of its kind in the UK,  in May this year. Production could start early in 2013.

WINNEMUCCA, NEVADA--(Marketwire - Jan. 31, 2012) - Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") today reported new assay results from ongoing core drilling at its 100%-owned San Miguel Project in Mexico. The reported drill holes come from the high-grade gold and silver deposits of Don Ese North and La Union.