July 31, 2012

World’s gold deposits are drying up

Natural Resources Holdings produced a terrific report—which lists the world's top 50 producing mine and undeveloped deposits—that warns there is a paucity of exploitable gold in the coming years.

July 31, 2012

Offer update – La Mancha TSX:LMA

Weather Investments announced its intentions to acquire all of the outstanding common shares of La Mancha Resources for $3.50. These shares represent approximately 62.8% of the outstanding Common Shares

July 31, 2012

Gold and silver await the starting gun

This week we have meetings involving the ECB and the Federal Reserve followed by the job numbers on Friday. These meetings, summits, announcements have an effect on the investment community…

July 31, 2012

US Silver spurns Hecla cash advance, advocates union with RX Gold

US Silver's (TSX-V:USA) board of directors has spurned an unsolicited all-cash take-over bid from Hecla Mining Company (NYSE:HL) and unanimously recommended that shareholders reject the offer by instead voting for…

July 31, 2012

63% of Newcrest’s assets situated in ‘very high-risk’ countries

Newcrest Mining (ASX:NCM) is the one Australian mining major exposed to the greatest level of country risk with 63% of its assets situated in nation-states categorized as 'very high-risk' by…

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

Dour mining report substantiates warnings of an Australian resource sector slowdown

A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.

July 31, 2012

Gold Royalties Corporation acquires Eagle Zone gold deposit royalty; Lynx Zone royalty for cash consideration of $9,000,000

Gold Royalties has acquired the Eagle Zone gold deposit royalty and a royalty on claims comprising the Lynx Zone project from an arm's length third-party vendor for cash consideration of…

July 31, 2012

Avala Resources grants stock options

The company, subject to regulatory approval, has granted an aggregate of 1,875,000 stock options to officers, employees and consultants. The options are exercisable at a price of $0.65.

July 31, 2012

Sennen board recommends shareholders reject Liberty’s hostile offer

The company, in regards to Liberty Silver's offer, unanimously recommends that Sennen Shareholders reject the Liberty offer and not tender their Sennen Shares.