September 6, 2012

Citi analyst sees gold hitting $2500, silver reaching record heights

Leading Citi analyst Tom Fitzpatrick expects gold to hit $2,500 in Q1 2013 while silver reaches record heights.

September 5, 2012

How long before the Earth’s bounty runs out – a future history

Scientific American provides a detailed, hypothetical response to the question which has no doubt crossed the mind of anyone involved with the mining sector - how long before the Earth's…

September 5, 2012

South Africa’s mining troubles get anime treatment

Taiwanese news animators, Next Media Animation, produced a video showing the unfolding platinum troubles in South Africa.

September 5, 2012

Nationalization is no help ending a mine fight in Bolivia

Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN),…

September 5, 2012

Great Panther Silver acquires El Horcon silver-gold project in Mexico

Great Panther bought the project from Compañía Minera El Dore for $1,600,000 in cash.

September 5, 2012

Mariana Resources intersects more silver and gold veins at Las Calandrias Project, Argentina

Canadian explorer Mariana Resources (LON:MARL, TSX:MRY) said the latest set of drilling results from the Calandria Sur deposit in Argentina were “good” with 13 of 21 holes returning “significant intersections”…

September 5, 2012

Torex expands gold-copper-silver discovery south of the Balsas River

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2012) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is pleased to report that drilling results continue to expand the gold-copper-silver mineralization at…

September 5, 2012

Agnico Eagle is spending $158 million on Mexican project

The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.

September 5, 2012

MAG Silver Corp. closes C$33.1 million private placement

MAG Silver Corp. (TSX: MAG; NYSE MKT: MVG) announced that it has closed its private placement offering of 3,526,210 common shares at a price of C$9.40 per share (the "Offering")…

September 5, 2012

Canadian Arctic mining boom draws in China-backed MMG

The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.