September 1, 2011

Orsu completes infill drilling programme in connection with ongoing definitive feasibility study at its Karchiga project

LONDON, UNITED KINGDOM--(Marketwire - Sept. 1, 2011) - Orsu Metals Corporation ("Orsu" or the "Company") (TSX:OSU)(AIM:OSU), the London-based precious and base metals exploration and development company, is pleased to announce…

September 1, 2011

Timmins Gold intersects 36.58 metres grading 0.816 grams per tonne gold at La Chicharra open pit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Timmins Gold Corp. (TSX:TMM) is pleased to announce results for drilling completed during the months of June and July, 2011 at the…

September 1, 2011

Silver becomes hot favourite in Asian exchanges

The increased investor interest and rebound in prices for Silver have made it the new favorites in Asian commodity exchanges. In China's Hunan Province, a new precious metals exchange focussed…

September 1, 2011

Osisko, Argentina to jointly develop Famatima gold property

Osisko Mining has signed an agreement with a state government in Argentina for joint development of the Famatima gold property, located in La Rioja province, The Montreal Gazette reported:

September 1, 2011

Gold stalls as government intervention looms

Gold prices held steady Wednesday as hopes for further government intervention to boost the economy and stave off a double-dip recession left investors with less reason to buy the haven…

August 31, 2011

PNG’s new leaders try to assuage miners while tightening grip on power

Papua New Guinea’s new prime minister Peter O'Neill and the country's Investment Promotion Authority have moved to quell concern about proposed changes governing ownership of resources in the country saying…

August 31, 2011

South Africa may force mining sector into beneficiation

South Africa's mining sector could be forced to take part in beneficiation activities, the Department of Mineral Resources (DMR) has indicated. Mining licences could be granted with conditions attached to…

August 31, 2011

Romanian president gives Gabriel Resources stock a 16% kicker

Shares of Canada's Gabriel Resources have climbed 16% in the week since plans by its 80%-owned Rosia Montana Gold Corp to build a massive gold mine in Transylvania received public…

August 31, 2011

Pan American Goldfields production increase at Cieneguita silver and gold project

VANCOUVER, Aug. 31, 2011 /PRNewswire/ - Pan American Goldfields Ltd (OTCQB:"MXOM") (the "Company") is pleased to report a significant increase in gold and silver production at its Cieneguita, Chihuahua, Mexico,…

August 31, 2011

Nautilus Minerals to raise $100 million for PNG seafloor project

Nautilus Minerals (TSX:NUS)(AIM:NUS) is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the…