April 17, 2012

Peregrine discovers two kimberlites at Lac de Gras

Peregrine Diamonds Ltd. has discovered two kimberlites in the Lac de Gras region of Canada's Northwest Territories.

April 17, 2012

Canada on the rare earth runway: Pele climbs 18% on updated PEA

Canadian rare earths explorer Pele Mountain Resources closed up 18% on Monday after the Toronto company announced an updated PEA on its Eco Ridge project.

April 17, 2012

Zimbabwe tries to woo back explorers

Zimbabwe, whose government in January hiked exploration fees by up to 8,000% in a bid to curb speculative holding of mining titles, is ordering over 100 exploration companies to resubmit…

April 16, 2012

Civil strike against mining project shuts down Cajamarca —again

A protest against Newmont Mining's proposed Conga copper-gold mine shut down much of Peru's Cajamarca region last Wednesday, reported World War 4 Report.

April 16, 2012

Endeavour Silver pays $250 million for two Mexican properties

Endeavour Silver is paying a quarter-billion dollars for two Mexican mining properties owned by AuRico Gold (TSX:AUQ). Endeavour (TSX:EDR) said yesterday it will spend up to $250 million for AuRico's…

April 16, 2012

Key report for Newmont’s $4.8 billion Conga gold project now expected tomorrow

Peru’s long-running Conga mine dispute is about to reach a turning point as international consultants appointed by the government in February are expected to deliver their report on the viability…

April 16, 2012

Colluli potash resource tops 1 billion tonnes

South Boulder Mines Ltd (ASX:STB) is pleased to announce that the JORC/NI43-101 Compliant Mineral Resource Estimate for the flagship Colluli Potash Project now stands at 1.08 billion tonnes @ 18%…

April 16, 2012

Nexen wins regulatory approval for major expansion

Oil sands producer, Nexen Inc. (TSX, NYSE: NXY), said it received regulatory approval to proceed with development of pads 14 and 15 at Long Lake and the Kinosis 1A area.

April 16, 2012

Unheard of mineral discovered in a cave in Spain

A team of researchers from the Geological Survey of Spain and the Complutense de Madrid University has discovered a new mineral, the zaccagnaita-3R, in a cave known as “The Soplao,”…

April 16, 2012

Wrong call on gold costs fund manager his hair

Toronto fund manager, John Oliver, had his head shaved today after wagering four years ago that gold would hit $2,000/oz. Oliver, who works for Sprott Asset Management and said he…