In July 2007, one year after the housing bubble peaked and five months before the beginning of the Great Recession, Citigroup CEO Chuck Prince talked to the Financial Times about the health of the housing market. "When the music stops," he said, "things will be complicated. But as long as the music is playing, you've got to get up and dance."

Minera Andes (MAI.TO: Quote) said on Thursday it plans to spin out its Los Azules copper project in Argentina into a new publicly traded company. The Toronto-based exploration company said the move will let it unlock value from Los Azules and allow it to focus on developing its San Jose gold-copper project, which is located in the vicinity of Goldcorp's (G.TO: Quote) recently acquired Cerro Negro project in Argentina.

Gold imports into Turkey, the world's fourth-biggest gold consumer, are expected to rise by around 50 percent in 2011 and jewellery exports by 15-20 percent, a Turkish gold banker said. Turkey's gold imports rose to 42.49 tonnes in 2010, up 13 percent from the previous year. Jewellery exports reached a value of $1.2 billion.

Australian mining firm Sundance Resources said on Thursday recent finds at its Mbalam iron ore project in Cameroon had more than doubled the amount of indicated resources in the area.

Two mining companies announced Thursday that their respective dealings with Japanese smelters and steel manufacturers have not been impacted by the devastating Japanese earthquake and tsunami at this time.

Taseko Mines has implemented plans to increase mine production at its flagship Gibraltar Mine to 180,000 pounds of copper and one million […]

As the safety concerns about nuclear power continue to grab headlines globally, the U.S. EPA has decided to clamp down on coal-fired […]

The Canadian junior gold miner said it was reasonable to expect that the Namibian operation would go into production within three years Canadian junior gold miner Auryx (AYX.TO: Quote) says its planned Namibian Otjikoto mine should be capable of

Britain's Serious Fraud Office on Wednesday said it had made five arrests as part of an investigation into allegations of fraud related to the sale of four mines in South Wales.

In an appearance on Canada's Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: "We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month." It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation. Timmins has repeatedly raised concerns regarding the process by which the Capital Gold Board of Directors selected Gammon's proposal, a process that Timmins believes favored Gammon over all other bidders.

Shares in Great Panther Silver rose after it said it expects to produce 1.94 million ounces of silver in 2011, up from the 1.5 million ounces it produced in 2010.

Canada's Aurizon Mines reported a 37 percent drop in quarterly profit, hurt mainly by higher exploration expenses. The mid-tier gold miner reported net income of C$6.2 million($6.3 million), or 4 Canadian cents a share, compared with net income of C$9.9 million, or 6 Canadian cents a share, last year.