August 21, 2012

Great Panther purchases surface rights for San Ignacio project

An updated NI 43-101 in May 2012 resulted in an inferred mineral resource at San Ignacio of 6,894,000 Ag eq oz in 826,000 tonnes at 121g/t Ag and 2.28g/t Au.

August 21, 2012

Argentum exercises option to acquire 100% ownership of Coyote and Victoria silver properties in Mexico

Argentum has elected to exercise provisions of its option agreement with Soltoro Ltd. and has acquired a 100% undivided interest in the Coyote and Victoria Silver Properties located in the…

August 21, 2012

Pershimco intercepts 120m @ 0.56% copper & 267m @ 0.89g/t gold

The company reports drill hole PDH-11014 returned from surface a long gold intercept of 267m at 0.89 g/t Au including 120m at 0.56% Cu.

August 20, 2012

Panama Canal expansion to change dynamics of commodity trade

When the third lane opens the canal's capacity will more than double. The largest ships will carry as many as 13,200 containers -- at least double the dry weight of…

August 20, 2012

Franco-Nevada injects $1 billion into Inmet’s copper project

Canada’s Franco-Nevada has committed a whopping $1 billion to support the development costs of Inmet's massive Cobre Panama copper project in exchange for a future precious metals stream.

August 20, 2012

Chile’s Codelco to win big in agreement with Anglo

If everything goes as planned, at the end of this week Chile’s Codelco and Anglo American will sign a long-awaited agreement that would end one of the biggest business disputes…

August 20, 2012

CB Gold Inc. continues to intercept high grade mineralization at the Vetas gold project including 1.43m at 36.41 g/t Au and 1.88m at 7.14 g/t Au and 404.13 g/t Ag

Intercepts include 1.43m at 36.41 g/t Au and 1.88m at 7.14 g/t Au and 404.13 g/t Ag.

August 20, 2012

Aurcana reports record results for Q2, 2012

During Q2 2012 Aurcana completed the expansion of the La Negra mill capacity to 2,500 tpd and both production and revenue increased at La Negra even with the significant drop…

August 19, 2012

Report: Codelco grabs Los Bronces at multi-billion dollar discount after Anglo caves

London's Sunday Times reports Anglo American is close to a deal to hand over a share in the Los Bronces copper project to Chile's Codelco at "a discount of several…

August 17, 2012

Kinross announces US$1.0 billion term loan, increases unsecured revolving credit facility to US$1.5 billion

The new $1.0 billion term loan, a three-year term loan that will mature on August 10, 2015, has no mandatory amortization payments.