March 22, 2012

Global mining firms face energy crisis

Global mining firms say energy vulnerability is a risk they worry about in one of the last relatively unexplored countries, which is thought to still have big undiscovered deposits even…

March 21, 2012

The gold sector Is on sale: Michael Fowler

Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon, sees small- and mid-cap junior producers and developers as the "sweet spot" in the gold equities space, and provides a basket…

March 21, 2012

Lexam VG Gold: Drilling Continues to Expand Gold Mineralization at Buffalo Ankerite Including 18.42 Grams Per Tonne Gold Over 2.6 Metres

Lexam VG Gold Inc. (TSX:LEX)(FRANKFURT:VN3A)(OTCQX:LEXVF) is pleased to announce positive exploration results from 13 new holes at the Buffalo Ankerite Project, located in Timmins, Canada.

March 21, 2012

Next week’s Canadian budget will be good for mining, oilsands

The Canadian federal budget due to be released next week will please miners and the oil patch and is likely to make environmental groups see red, not green.

March 21, 2012

Thirteen year old gold sale has cost UK GBP11 billion

Gordon Brown's sale of 400 tons of gold in 1999 has cost the United Kingdom GBP11 billion, said the Chancellor of the Exchequer, George Osborne, in his 2012 budget speech.

March 21, 2012

Endeavour silver provides blueprint to Sprott’s call to action

Eric Sprott, legendary gold and silver investor and chairman of Sprott Inc., famously issued an open letter to 17 of the world’s largest silver producers last year.

March 21, 2012

Green Swan Continues With Acquisition Strategy in British Columbia’s Golden Triangle

BURLINGTON, ONTARIO--(Marketwire - March 21, 2012) - Green Swan Capital Corp. ("Green Swan") (TSX VENTURE:GSW) announced it has received regulatory approval for its previously announced acquisition of "AshleyGold", and has…

March 21, 2012

McGarry mine inches toward production

Armistice Resources of Toronto continues to make solid progress towards bringing the McGarry gold mine back into production near Kirkland Lake. The company says also that development and exploration work…

March 21, 2012

Rubicon’s Phoenix Gold Project receives final three permits and is now fully permitted

Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that the amendments to the Permit to Take Water, the Industrial Sewage Certificate of Approval and the Air Certificate…

March 21, 2012

NovaGold Amends NovaCopper Articles Prior to Spin-out

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) ("NovaGold" or "the Company") today announced that it has eliminated preferred shares from the capital structure of NovaCopper Inc. ("NovaCopper"), which will be spun out…