August 1, 2012

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80…

August 1, 2012

Fresnillo’s gold sales outshine silver

The company is sticking to plans to spend $680 million this year including ramping up production at its Noche Buena mine. The firm has five operating mines and this year…

August 1, 2012

Barrick stock falters after S&P downgrades over Pascua-Lama ‘execution risks’

Barrick announced last week  a 50-60% cost blow-out for the copper-gold-silver  project straddling the Chile–Argentina border which could end up with a final bill of as much as $8 billion…

August 1, 2012

Baja Mining announces director resignations

Baja Mining reports that Stephen Lehner and Ken Murphy, who joined the board in May, have resigned from Baja's board.

July 31, 2012

CuOro intersects 6 metres of 4.9% copper at the Santa Elena project in Colombia

The company's report highlights the intersect hole SEDDH-84 having found 6.0 meters of 4.9% copper at a down-hole depth of 56.0 meters.

July 31, 2012

Cerro Resources NL reports quarterly activities and files financial statements for the period ending June 30, 2012

The company highlights its Mexican and Australian projects and provides a link to its complete quarterly report.

July 30, 2012

Solvista Gold Corporation and Tolima Gold Inc. sign definitive agreement to consolidate a portion of their mining properties in the middle Cauca Gold Belt of Colombia

Under the agreement, Solvista will acquire 50% ownership in five Tolima properties, and Tolima will gain two of Solvista's properties and 3 million in common shares.

July 30, 2012

Indico announces amendment to private placement

Indico has amended the terms of the non-brokered private placement announced on July 10, 2012. The company will now be issuing up to 25,000,000 units at a price of $0.12…

July 28, 2012

The Awa, S11D, Colin Firth and flesh-eating bats: Welcome to global mining’s environment acid test

World number one iron ore producer Vale over the weekend "played down fears" that the planned $20 billion expansion of its Carajas mine would harm the local Awá people described…

July 28, 2012

Vale says iron ore reaching a bottom, will improve within ‘2-3 weeks’

"I believe the recovery will happen soon," José Carlos Martins, the Brazilian miner's director of iron ore and strategy, said during a conference call discussing the firm's second quarter results,…