December 11, 2011

Mr Karzai invites gold and copper bidders to Afghanistan

The Karzai administration opened bids on billions of dollars worth of copper and gold deposits in four areas of occupied Afghanistan. The Afghan Ministry of Mines invited foreign transnationals to…

December 9, 2011

Norilsk Nickel to invest US$10.9 billion to expand resource base

World #1 nickel and palladium producer Norilsk Nickel is investing heavily in new and existing mines. The Russian mining conglomerate announced today it will spend US$10.9 billion to expand its…

December 9, 2011

Strait Gold grants Teck option to earn up to 75% in Alicia

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement")…

December 9, 2011

Galore Increases Flow-Through Offering

Galore Resources Inc. (TSX VENTURE:GRI) announces that, it increased the size of the flow-through private placement initially announced in its news release dated November 4, 2011. A total of up…

December 8, 2011

Boardroom brawl at Mosquito Consolidated Gold Mines

A group of disgruntled shareholders wants changes on the board of directors at Vancouver junior miner Mosquito Consolidated Gold Mines Ltd. (TSX-V:MSQ).

December 8, 2011

BHP job changes, CEO comments, fan talk of asset sales

Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the world's biggest miner will try to sell less profitable assets to better exploit its crown…

December 8, 2011

Codelco to invest US$ 244 million in Quetena copper deposit

Codelco, the world's largest copper producer, will invest US$ 244 million to speed up the development of its Quetena copper deposit in northern Chile, an open pit operation that will…

December 7, 2011

Intrepid Mines copper-gold output increased over 70 percent to 1.7 billion tonnes

Intrepid Mines Limited (TSX:IAU)(ASX:IAU) ("the Company") reports that assay results from drilling completed in the last six months around the known porphyry copper-gold zone of the Tumpangpitu area of the…

December 7, 2011

Minmetals confident amid DRC election chaos, extends Anvil takeover offer again

Anvil Mining, a copper producer in the Democratic Republic of Congo, announced Wednesday China's Minmetals Resources has extended its $1.3 billion takeover offer for the second time, to January 11 next year. The…

December 6, 2011

Poland’s KGHM bids $3.5 billion for Quadra FNX; shares up 39%

Quadra FNX Mining (TSE:QUX) is up a whopping 39% today on news of a multi-billion-dollar takeout bid. The Canadian base metals producer with offices in Toronto and Vancouver said it…