Gold

Pan African Resources (LON:PAF) has successfully concluded months of negotiations and has now entered into a deal with Harmony Gold to buy the operating Evander gold mine in South Africa. The acquisition will double Pan African's annual gold production to approximately 200,000 ounces.

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

A positive PEA for it Black River gold project in Nunavut, Canada gave Sabina Gold & Silver (TSX:SBB) a 5.6% bump in its stock price Tuesday.

Canada’s third main gold miner Kinross Gold (TSX:K) is selling its stake in the Crixas gold mine in Brazil, to South Africa’s AngloGold Ashanti for $220-million.

John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".

Barrick Gold posted a cool image gallery of  its Pascua-Lama project.

The government of El Salvador is warning that the future large-scale development of the Cerro Blanco mine in southern Guatemala will greatly endanger the quality of water found in the Lempa River, which supplies water not only to Guatemala but also to Honduras and El Salvador.

I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of copper, that correlation has slipped a bit. I'm guessing this has a lot to do with the violence and labor disputes at the company's Grasberg mine in Indonesia.

The LA Times had a feature story on the weekend centred around venture capitalist David Badner, who is buying up defunct gold mines in Colorado in hopes of capitalizing on the high gold price.