Industrias Peñoles estimates that the company will carry out the first tests for zinc extraction in the Velardeña mine, located in Durango, Mexico, in November 2012.
Canadian marine diamond miner Afri-Can Diamonds, which is listed on the Toronto Stock Exchange, is examining a potential listing on the Johannesburg Stock Exchange (JSE).
Anglo Platinum announced today that it is transferring 51% ownership of its Unki mine in Zimbabwe to locals. The decision came after President Robert Mugabe's administration pressured Amplats to do so.
AngloGold Ashanti Ltd. announced today that a sit-in at its Mponeng mine in Carletonville, in which some 120 of a total of 6,000 workers participated, was resolved in the early afternoon on Thursday.
Matamec Explorations Inc. today announced that it has received a second payment of CAD 1,119,776 (USD 1,120,778) from its Japanese partner Toyotsu Rare Earth Canada Inc. (TRECan), a subsidiary of Toyota Tsusho Corp. (TTC).
Shandong Gold-Mining began building a CNY 35 billion (USD 5.59 billion) gold base with an annual production capacity of 1 million tons and an annual production value of CNY 100 billion (USD 15.98 billion) in Laizhou, Shandong Province, China, on October 28, 2012.
Exports of refined copper from Russia increased by 93.5% YoY in January-September 2012 to 204,900 metric tons, the Ministry of Economic Development has reported.