October 24, 2011

Manitoba’s Gossan Resources investing in Greece, undertaking private placement

Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has signed a Letter of Intent (LOI) with East Mining Company SA ("EMC") of Athens, Greece, to investigate and examine the possibilities…

October 23, 2011

Precious Metals Report: Gold still trading at US$130 premium over platinum

UAE. The Finance ministers of the Eurozone have recommended and agreed the next Tranche of €8 billion for Greece, subject to approval of the IMF. The summit of the Eurozone…

October 19, 2011

Platinum Underwriters Holdings, Ltd. reports third quarter 2011 financial results

HAMILTON, Bermuda, Oct. 18, 2011 /PRNewswire via COMTEX/ -- Platinum Underwriters Holdings, Ltd. PTP +2.18% today reported a net loss of $53.5 million and a loss per common share of…

October 18, 2011

Down 20% in 7 weeks, platinum has further to fall

Commodity Online reports platinum group metals miners may be hit by the rapid growth in the number of electric cars on the road that do not need catalytic converters. In…

October 18, 2011

Wallbridge Mining commissions the Broken Hammer feasibility study

Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce that it has retained the services of Wardrop, A Tetra Tech Company ("Tetra Tech") and…

October 17, 2011

North Bay Resources Inc. (NBRI) agrees to JV on Fraser River platinum project

North Bay Resources Inc. (OTCBB: NBRI) ("North Bay" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with Devlin's Bench Mining Ltd and…

October 14, 2011

Colossus bulks up with $75 million bought deal

Canadian-based exploration and development company Colossus Minerals was trading lower in a lacklustre Toronto market on Friday after announcing it had raised $75 million in a bought deal. Colossus is…

October 14, 2011

Northam Platinum: Union Dispute With Zondereinde Division

The management of the Zondereinde division of Northam Platinum Limited advises that the annual wage negotiations with employee representative unions Solidarity and the National Union of Mineworkers (NUM) continued yesterday,…

October 11, 2011

Potential Platinum Underwriters (PTP) Trade Has $29.20 Breakeven

Platinum Underwriters (NYSE:PTP) closed Monday's dramatic trading session at $31.95. In the past year, the stock has hit a 52-week low of $28.05 and 52-week high of $46.42. Platinum Underwriters…

October 11, 2011

Contractors strike at Aquarius Platinum’s Everest Mine

A mining contractor at Aquarius Platinum's Everest Mine is on strike. The strike has been called by the Association of Mining and Construction Unions, which is demanding full organizational rights…