February 16, 2012

Mitsubishi to buy 18 pct stake in Peruvian copper mine

Mitsubishi Corp. (8058) will pay an estimated 60-70 billion yen to acquire an 18.1% interest in a Peruvian copper mine that is expected to begin production around 2016, The Nikkei…

February 16, 2012

Condor Resources Inc.: San Martin Drilling Intersects 12.1m of 63.9 g/t Ag and 6.15m of 0.54 g/t Au in Second Drill Hole

Condor Resources Inc. ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that results of the second and third diamond drill hole at the Company's wholly-owned San Martin project…

February 16, 2012

Junior miner discovers potash in Alberta

A Vancouver-based junior mining company says it is the first to discover potash in Alberta. Pacific Potash Corp. said Wednesday that its […]

February 16, 2012

Will gold cleanse the world from dirty fiat currencies?

On Wednesday, precious metal prices climbed higher as European finance officials considered delaying parts or even all of a second bailout package for Greece.

February 16, 2012

Shear Announces Final Water License Approval by Minister for Jericho Diamond Mine

Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license…

February 16, 2012

SGM Metals: US mint sells over 6 million US Silver Eagles in January alone

The US Mint kicked off 2012 with a record 6 MILLION+ US Silver Eagles sales.

February 16, 2012

Xstrata sells two African coal assets

Xstrata, one of the world's largest thermal coal exporters, announced today that it has completed the sale of two Mpumalanga collieries to black economic-empowered (BEE) group Imbawula, for an unrevealed…

February 16, 2012

Teras Continues to Expand Gold and Silver Mineralization at Its Cahuilla Project

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): is pleased to announce the receipt of additional assay results from its reverse circulation drill program at the Cahuilla gold-silver project…

February 16, 2012

Coal mines could surface again on Cape Breton

Surface coal mining on Cape Breton Island, on the East Coast of Canada, has been under a moratorium for the last six years, but a report due out next month…

February 16, 2012

Goldgroup expands Caballo Blanco indicated mineral resources by 314%

Goldgroup Mining Inc. (TSX: GGA) ("Goldgroup" or "the Company") is pleased to announce the updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate (the "Technical Report") for its flagship…