MINING.COM

Premier Gold Mines purchases Nevada property for US$48 million

Premier Gold Mines (TSX:PG) has taken the Cove Gold Project off the hands of Victoria Gold Corp. (TSX-V:VIT) for US$28 million in cash and stock and another $20 million in future gold production.

Michael Allan McCrae | April 10, 2012 | 6:44 pm

‘Chinese imports of gold can only be described as massive right now’: Von Greyz

Egon von Greyerz told King World News that gold imports in China have ramped up considerably due to concerns about the world […]

Michael Allan McCrae | April 10, 2012 | 6:09 pm

AngloGold Ashanti lost more ounces over safety in Q1 than all of 2011

Work stoppages as a result of safety issues in South Africa cost AngloGold Ashanti 76,000 ounces of lost production in the first quarter.

MINING.com Editor | April 10, 2012 | 6:00 pm

Maptek releases Vulcan 64-bit mining software to global market

Mining technology provider Maptek will release Vulcan 64-bit to global mining customers during April. The launch kicked off at Expomin in Santiago, Chile this week.

Maptek | April 10, 2012 | 5:48 pm

Reports of Mugabe’s death are greatly exaggerated

Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.

Frik Els | April 10, 2012 | 5:28 pm

Newmont faces new protests in Peru as key report for $4.8 billion Conga project expected this week

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February finalize their environmental report on Newmont Mining and Buenaventura's US$4.8 billion copper-gold project.

Cecilia Jamasmie | April 10, 2012 | 4:19 pm

Molycorp’s rare earth reserves jump 36%

U.S.-based Molycorp, Inc., one of the only non-Chinese producers of rare earths, announced today that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36 percent, according to a new independent estimate.

Cecilia Jamasmie | April 10, 2012 | 3:14 pm

Chile’s Codelco will decide future of its Chuquicamata underground mine this year

Chile’s state-owned copper giant Codelco will make a decision on the construction of an underground mine at its Chuquicamata operation before the end of this year, said CEO and Executive President Diego Hernandez.

Cecilia Jamasmie | April 10, 2012 | 2:22 pm

Chile’s copper exports dropped 6.5% in first quarter

Chile’s copper exports fell 6.5% to US$10.5 billion in the first three months of 2012 from $11.2 billion in the same period last year, according to figures compiled by the country’s Central Bank.

Cecilia Jamasmie | April 10, 2012 | 1:42 pm

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