August 22, 2012

BHP ditches Olympic Dam as profit tumbles

The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries…

August 22, 2012

ATAC Resources gets a 9.38% lift after announcing 42.93 m intersects showing 18.44 g/t gold

ATAC Resources (CVE:ATC) was up 9.38% to $2.80 after announcing drill results at its Rackla Gold project in the Yukon showing gold intersects of 42.93 m of 18.44 g/t.

August 21, 2012

Harper pushes for regulatory regime certainty, and rides ATV

Mine reviews need clearly defined timelines, timelier reviews, reduced regulatory burdens and less duplication during assessment, said Prime Minister Stephen Harper during a tour of the Minto Mine in the…

August 21, 2012

First Majestic reports revised NI 43-101 technical report

Shares of First Majestic in Toronto rose 4.7% to $18.69, after the announcement.

August 21, 2012

Apple is worth three times all the gold and silver equities combined

"Preposterous" says Jon Embry.

August 21, 2012

INFOGRAPHIC: When will the world’s resource cupboard be bare?

BBC charted the expected lifespans of various resources like silver, coal and forests.

August 21, 2012

Great Panther purchases surface rights for San Ignacio project

An updated NI 43-101 in May 2012 resulted in an inferred mineral resource at San Ignacio of 6,894,000 Ag eq oz in 826,000 tonnes at 121g/t Ag and 2.28g/t Au.

August 21, 2012

Dolly Varden Silver Corporation announces $3.2 million strategic investment from Hecla Mining Company

Dolly Varden has announced that it has entered into an agreement where a subsidiary of Hecla Mining Company has agreed to acquire 20,000,000 common shares, representing 19.9% of the outstanding…

August 21, 2012

Argentum exercises option to acquire 100% ownership of Coyote and Victoria silver properties in Mexico

Argentum has elected to exercise provisions of its option agreement with Soltoro Ltd. and has acquired a 100% undivided interest in the Coyote and Victoria Silver Properties located in the…

August 20, 2012

Philippine miners duck taxes by selling gold on the black market

Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.