Proactive Investors USA

Goldcorp ceases construction at Eleonore project due to forest fires

The company said in a short statement that a fire is currently located around 100 km from the project, and is advancing "with prevailing winds" toward the mine site. All construction activity has...

Firestone Diamonds says Liqhobong plan is working

Firestone Diamonds (LON:FDI) said today a reduction in losses in its second half was a clear indication its strategy to focus on the Liqhobong mine was working.

Gold falls as Greek woes lift US dollar

Gold fell today as generally positive euro zone GDP data failed to soothe jittery investors.

Mutiny Gold discovers Deflector extension after high grade gold strikes

Mutiny Gold ( ASX: MYG ) has discovered additional high grade near surface gold at the Deflector Gold Deposit in Western Australia, which importantly delivers another positive for the economics of the ongoing Definitive Feasibility Study.

DiamondCorp's CEO ready to speak to financiers after SRK green light

Paul Loudon, chief executive of DiamondCorp (LON:DCP), is preparing to talk to banks, project financiers and potential rough diamond buyers. It comes after an independent engineering report gave the green light to the company’s longstanding $50 million (£31 million) project to reopen the Lace mine in South Africa’s Free State province.

Strathmore Minerals to buy Saratoga Gold, gets Copper King property in Wyoming

Strathmore Minerals (TSE:STM)(OTCQX:STHJF) said Monday it has agreed to acquire Saratoga Gold Company, whose primary asset is the Copper King property in Wyoming, as it aims to expand its mineral base beyond uranium.

Prosperity Resources increases interest to 80 pct in two gold, copper licences in Indonesia

Prosperity Resources ' ( ASX: PSP ) 81%-owned Indonesian subsidiary PT Prosperity Surya Persada has acquired an 80% equity interest in two key gold-copper licences in Aceh Province in Indonesia.

Volta extends gold mineralization northwards at Kiaka gold project

Volta Resources (TSE:VTR) Monday announced drill results from nine holes as part of its on-going phase 3 program at its flagship Kiaka gold project in Burkina Faso.

Diamondcorp recovers gem quality stones at Jwaneng South

DiamondCorp (LON: DCP) said today its latest drilling at Jwaneng South in Botswana had recovered 23 macro diamonds of mostly clear gem quality.

Augur Resources identifies bulk copper and gold at Wonogiri, Central Java

Augur Resources (ASX: AUK) has intersected broad zones of gold and copper mineralisation at the Wonogiri Project in Central Java.

Riverside, Sierra Madre intersect high grade silver at Jesus Maria

Riverside Resources ( CVE:RRI ), and its partner Sierra Madre Developments (CVE:SMG) announced Wednesday they discovered high grade silver through drilling and trenching at the Jesus Maria mine area, part of the Penoles project in Durango state, Mexico...

Brazilian Metals Group delivers maiden 459 million tonne iron JORC Resource in Brazil

Brazilian Metals Group ( ASX: BMG ) is progressing the company goal of developing a substantial mining enterprise in northern Minas Gerais, Brazil, and has now delivered a milestone in a maiden iron JORC Resource.

Mutiny Gold nails project financing from Credit Suisse for Deflector Gold Copper Project

Mutiny Gold ( ASX: MYG ) has moved another step closer to development of the Deflector gold copper deposit, by securing a project loan and hedging facility agreement with Credit Suisse.

Caledonia Mining wins two safety awards for Blanket gold mine, Zimbabwe

The firm's chief executive Stefan Hayden said he was delighted at the public recognition of the efforts made at the Blanket mine Junior gold miner Caledonia Mining (LON:CMCL, TSE:CAL, OTCBB:CALVF) has received two safety awards for its Blanket gold...

South Boulder Mines: Scoping study delivers potential multi decade potash mine life at Colluli

South Boulder Mines ( ASX: STB ) has ticked off another major milestone at the Colluli Potash Project in Eritrea, with an Engineering Scoping Study confirming the viability of the project - while delivering some very positive outcomes.

Prophecy Coal to begin trading on TSX Wednesday

Coal miner Prophecy Coal (CVE:PCY) said Tuesday its shares will begin trading on the Toronto Stock Exchange this Wednesday, giving the company greater access to capital markets and broadening its market exposure.

Argonaut Gold posts 33 pct increase in Q3 gold production

Argonaut Gold (TSE:AR) announced Monday it produced 16,884 ounces of gold during its third quarter at its wholly owned El Castillo mine in Durango, Mexico. During the three months ending September 30, the company loaded 29,997 ounces on the pad, a 24...

Ariana Resources has 'key opportunity' to increase potential for multi-million ounce finds

Turkey-focused gold miner Ariana Resources ( LON:AAU ) said today that it has a “key opportunity” to substantially increase its mineral exploration footprint in western Turkey now that licence auctions in the country have been announced.

Ovoca Gold gets key certificate for Olcha deposit in Russia

Russia-focused Ovoca Gold (LON:OVG) has received a key permit which allows the group to apply for a mining licence on the presently drilled reserves of the Olcha deposit - part of the Rassoshinskaya licence.

Nautilus Minerals placing will help bankroll its undersea odyssey

Nautilus plans to spend around C$400 million between now and the back end of 2013 developing its first underwater open-cast mine at Solwara. AIM and Toronto-listed Nautilus Minerals (LON:NUS, TSE:NUS) said it has raised C$27.6 million via a private...

Kiska intersects 1.28 g/t gold equivalent over 161 metres at Island Mountain

Kiska Metals (CVE:KSK) Thursday said it intersected 1.28 g/t (grams per tonne) gold equivalent over 161 metres at hole IM11-020 at Island Mountain in the Whistler project, Alaska.

Firestone Diamonds’ Kenny remains confident despite disappointing diamond sales

The diamond market has been dealt a blow by the recent economic turmoil. However now’s not the time to hit the panic button, according to Firestone Diamonds ( LON:FDI ) chairman Phillip Kenny.

Anglesey Mining: Associate Labrador Iron Mines to list on S and P/TSX SmallCap Index

Anglesey Mining ( LON:AYM ) revealed today that its 33 percent associate Labrador Iron Mines ( TSE:LIM ) has been added to the the S&P/TSX SmallCap Index. The move will become effective after the trading close this Friday (September 16). Chairman of

Black Fire Minerals on track to deliver early JORC resource with Pilot Mountain acquisition

Black Fire Minerals ( ASX: BFE ) has completed due diligence on the Pilot Mountain Tungsten-Copper Project located in Nevada, USA, and as a result has taken-up its two year option to acquire 100% of the project.

Universal Coal acquires 50 pct stake in South African coking coal asset

Universal Coal (ASX: UNV) has secured the Donkin licence area, adjacent to the Somerville coking coal project in the Limpopo Province of South Africa, on a farm-in basis. Based on historical drilling data, the farm Donkin 72MS property has a Inferred JORC Resource of 42.4 million tonnes, covering the northern extent of a farm area of 1,178 hectares, with the potential for coking coal and open pit access.