Reuters reported that Coeur d'Alene Mines' (NYSE:CDE) CEO sees silver and gold prices rising.

Kivalliq Energy Corporation (TSXV:KIV) provided an update from property-wide exploratory reverse circulation and diamond drilling proximal to and along strike of the structure hosting the high grade Lac Cinquante uranium deposit.

Mining Weekly reported First Quantum Minerals (TSE:FM,LON:FQM) expects to ship nickel from the Ravensthorpe mine by the end of November.

Reuters reported Norilsk Nickel (LON:MNOD) is in talks with banks for a loan of up to $3.5 billion to buy back shares.

The surging price of gold is fueling inflation from India to Indonesia and forcing statisticians to decide whether jewelry made of the metal still belongs in consumer-price indexes.

Industry Week reports that according to the Aluminum Association, the use of aluminum in automobiles has the potential to reach record highs by 2012. Steelmakers have led the way to vehicle-mass reduction with advanced high-strength steels. These steel grades feature the strength characteristics of traditional steel but are easier to form and lighter than other older versions. But the Aluminum Association, which represents U.S. and foreign-based aluminum producers, says aluminum can replace more than twice as much weight as steel.

Western Australian Minister for Mines and Petroleum Norman Moore, who is responsible for initiating the single biggest overhaul of Western Australia’s mining industry’s occupational health and safety system, assured Malaysians that the level of radioactivity attached to the product from Lynas Corporation's Mount Weld was very low, that it was not considered as dangerous goods from the point of transportation regulations.

Charter rates for the route surged 12 percent to the highest level in almost 10 months as Rio paid $10.30 for each metric ton of ore hauled on a capesize, a booking list published by the Baltic Exchange showed. The Baltic Dry Index, a broader measure of commodity shipping costs, advanced 3.9 percent to 1,682, the highest level since Jan. 4.

Reuters Africa reports that copper rose 2 percent at a three-week high.

Mountain Lake Resources Inc reports discovery of a new quartz-tourmaline-pyrite vein structure from the current resource boundary of the Leprechaun gold deposit , Newfoundland.

TerraX Minerals Inc. reports that it has completed the first hole of the current drill program on its Stewart gold-copper property, Newfoundland.

MSNBC reports a Georgia dog dined on a meal of $10,000 worth of diamonds.