Allied Gold Limited has gone into production with its Gold Ridge mine on Guadalcanal in the Solomon Islands. The Australia-based company spent $150 million on the project after acquiring it through the takeover of TSX-listed Australian Salomons Gold in 2009. The mine is expected to produce 120,000 ounces of gold per year.

SEMAFO (TSX:SMF) today announced the discovery of the new Yaho gold zone, located 4.5 kilometers southwest of the Fofina zone and 20 kilometers southwest of the Mana Mill in Burkina Faso. Three Reverse Circulation ("RC") drilling sections were carried out to date across this wide alteration zone with each section returning wide, significant grade intervals such as 2.27 g/t Au across 54 meters (hole MRC10-540 - section 15450N), 2.00 g/t Au across 20 meters (hole MRC10-542 – section 15450N), 1.37 g/t Au across 16 meters (hole MRC10-514 – section 15650N), 4.59 g/t Au (10.73 g/t Au uncut) across 10 meters (hole MRC10-526 – section 15850N), and 1.88 g/t Au across 88 meters (hole MRC10-529 – section 15850N).

Reuters writes that Executive Chairman Randall Oliphant said New Gold Inc (NGD.TO) is benefiting from near record high copper and silver prices, which […]

The Wall Street Journal writes that Tata Steel Ltd. expects its raw material costs to increase around 15% in the next fiscal […]

Minera Andes Inc. (the “Corporation” or “Minera Andes”) (TSX:MAI)(OTCBB:MNEAF) is pleased to provide a summary of the exploration results achieved during 2010 […]

Vena Resources Inc. (“Vena” or the “Company”) (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF)(XETRA®:V1R.DE), a Company with strong partnerships with some of the world’s largest mining companies, is […]

Pancontinental Uranium Corporation (TSX VENTURE:PUC) (“Pancon”) and its joint venture partner Crossland Uranium Mines Limited (“Crossland”) (ASX:CUX) are pleased to provide the […]

Further to its earlier news release of February 17, 2011, Canadian Orebodies Inc. (TSX VENTURE:CO) (“Orebodies” or the “Company”) is pleased to […]

For most people, Toronto's financial district is the place where Canada's big banks make their money. That's true to a certain degree, but it tends to overlook one of the primary sources of all that money: mining.

The Faculty of Law at the University of Western Ontario has taken note, so it's setting up a program in which students can obtain both a graduate degree in geology and a law degree.

Ian Holloway, dean of Western's law school, told me about the program after I bumped into him at the Prospectors and Developers Association of Canada convention this week in Toronto. "Something like 60% of the world's financing deals in mining are still done in Toronto. And all of those deals need lawyers. So there's a huge shortage of a very specialized legal skill set."