April 4, 2012

Shanta Gold seeking $35m for added capex

Tanzania-focused Shanta Gold is planning to raise $35 million to be put towards its New Luika Gold Mine.

April 4, 2012

Precious metals investors taking big knocks adjusting to life without QE3

Gold dropped more than $57 or 3.4% an ounce in early afternoon trade while ever volatile silver tanked more than 6%. Platinum crashed through the $1,600 an ounce level and…

April 4, 2012

Indonesia’s proposed export tax has Indian power companies scrambling

Indonesia's proposed tax on mining exports is having a ripple effect on Indian power companies that buy fuel for coal-fired power plants.

April 4, 2012

Lack of mining law costs Honduras US$3 billion

Over $3 billion and near 15,000 job positions. That is the cost to Honduras, the third poorest country in the Western Hemisphere, as a result of a lack of rules…

April 4, 2012

Partners in Abitibi — Bowmore, Threegold find broad gold mineralization in Quebec

Crowded as Quebec’s Abitibi region is with big players, it’s mostly the juniors who find the gold. Two of them think they’ve found something very big indeed in their Standard…

April 4, 2012

‘King of mining’ to appeal charge of market abuse

Ian Hannam, better known as the "king of mining" after advising on some of the biggest deals in the past two decades, including BHP's London listing through its merger with…

April 4, 2012

Santa Fe Gold Achieves Commercial Production at Summit Silver-Gold Mine

Santa Fe Gold Corporation SFEG +5.70% is pleased to report it has declared the beginning of commercial production at its Summit silver-gold mine in southwest New Mexico.

April 4, 2012

Coalition sues to block proposed California gold dredge mining regs

Environmental NGOs, an Indian tribe, and fishing groups have sued to block California Department of Fish and Wildlife regulations that would permit dredge mining in the Golden State in 2016.

April 3, 2012

Lake Shore Gold provides update on incident at Timmins West Mine

TORONTO, ONTARIO--(Marketwire - April 3, 2012) - Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG) Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company") today held a brief press conference to…

April 3, 2012

Ecometals receives environmental license for advanced exploration of Rio Zarza Project, Samora, Ecuador

Ecometals Limited (the "Company") (TSX VENTURE:EC)(BERLIN:GDQ)(FRANKFURT:GDQ) - The Company is pleased to announce that it has received the Environmental License from the Ministry of the Environment for advanced exploration for…