April 25, 2011

Barrick announces agreement to acquire Equinox

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the Company") announced today that it has entered into a support agreement with Equinox Minerals Limited (TSX:EQN)(ASX:EQN)("Equinox") for Barrick to acquire, through an all-cash…

April 23, 2011

Landslide crashes into Philippine mining village; 15 buried miners saved

Rescuers and heavy equipment are picking through the debris in hopes of finding more survivors after a landslide thundered down a mountainside in the Philippines on Good Friday. The avalanche…

April 22, 2011

The Sundance Kid ‘Stings’ Alaska’s Pebble gold mining mega-project

Academy-award winning director, actor and environmental activist, Robert Redford, Thursday became the latest face of those opposed to the development of the massive Pebble copper-gold mining project near Bristol Bay…

April 21, 2011

Harmony CEO says Wafi-Golpu gold mine development cost could reach $4 billion

The cost of developing the huge Wafi-Golpu gold-copper project in PNG could be as much as $4billion according to Harmony CEO, Graham […]

April 20, 2011

Teck Resources announces dividend

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it will pay an eligible dividend of $0.30 per share on its outstanding Class A common shares and…

April 20, 2011

Trevali signs term-sheet with WestLB for up to US$30,000,000 debt facility for Santander zinc-lead-silver mine development in Peru

Trevali Mining Corporation (“Trevali” or the “Company”)(TSX:TV)(OTCQX:TREVF) announces that it has signed an engagement letter and indicative term-sheet with WestLB AG, New […]

April 20, 2011

Geodex acquires Jake Lee property for rare earth potential

Geodex has acquired by staking the Jake Lee project covering approximately 3800 hectares located 80km south of Fredericton. Geodex will conduct an exploration program focused on the rare earth elements…

April 20, 2011

Copper prices to stay above 2010 average over the next 3 years – Chile

World top copper producer Chile sees copper prices staying above the 2010 average during the next three years, Deputy Mining Minister Pablo Wagner said on Wednesday. Copper averaged $3.42 per…

April 20, 2011

Quadra FNX outlines 3.4bn pound resource at Sudbury

Quadra FNX Mining Ltd (QUX.TO) outlined a resource at its Victoria copper-nickel project in Ontario that is equivalent to about 3.4 billion […]

April 20, 2011

Is it now time to switch from silver to gold?

One way precious metals investors try to maximize their results is buy predicting which of gold or silver (and some people also consider platinum and/or palladium) will outperform the other…