June 18, 2012

First Uranium shareholders, noteholders and debentureholders overwhelmingly approve the proposed transactions with Anglogold Ashanti and Gold One

First Uranium shareholders, noteholders and debentureholders overwhelmingly approve the proposed transactions with Anglogold Ashanti and Gold One.

June 18, 2012

Prophecy’s positive PEA prompts 12% gain

After announcing an economic report today, shares in Prophecy Platinum traded hands at six times their usual volume.

June 18, 2012

Nautilus dispute with Papua New Guinea authorities threatening underwater mining future

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards…

June 18, 2012

Golden Reign intersects 212.69 g/t gold and 204.2 g/t silver over 1.0 metre at San Albino mine area

With findings that include gold and silver, Golden Reign proclaims "high-grade gold intersections" at San Albino project.

June 18, 2012

Crystallex obtains a court order to delay its annual meeting and announces the dismissal of the appeal of its DIP financing

TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Crystallex International Corporation (OTCBB:CRYFQ) ("Crystallex" or the "Company") announced today that it has obtained a court order which allows it to delay holding…

June 18, 2012

Yamana Gold to acquire Extorre for $400 million, aiming for 18% dividend boost

Canadian Yamana Gold Inc. (TSX:YRI) (NYSE:AUY)(LSE:YAU) announced a $400 million acquisition Monday of Argentina-focused junior miner Extorre Gold Mines (AMEX:XG) (TSX:XG), which has an appealing gold-silver project in the South…

June 18, 2012

No one buys Congo’s mining assets on the cheap: Government

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those…

June 18, 2012

Edgewater Exploration Ltd.: $120 million debt financing mandate awarded for the Corcoesto gold project

Edgewater Exploration Ltd. arranges $120 million debt financing with Credit Suisse AG and Barclays Bank PLC to to develop the Corcoesto Gold Project, Galicia Spain.

June 17, 2012

Grexit and gold: Election outcome buys Greece more time, but not much more

The risk of a Greek exit from the Eurozone "has moved towards next year," and "markets will be concerned about how narrow the margin of victory" was for the pro-bailout…

June 17, 2012

End of the supercycle is also spelling the end of radical resource nationalism

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power…