August 20, 2012

Turquoise Hill paid $61 million to departing Friedland and co

Severance packages for management, early vesting options and cancelling contracts with Friedland-owned companies for aircraft rental and other office services quickly added up.

August 20, 2012

Franco-Nevada injects $1 billion into Inmet’s copper project

Canada’s Franco-Nevada has committed a whopping $1 billion to support the development costs of Inmet's massive Cobre Panama copper project in exchange for a future precious metals stream.

August 20, 2012

Columbus Gold waives right over Karapinar project and considers termination of Demirtepe project option, Turkey

And considers termination of Demirtepe project option, Turkey

August 20, 2012

Southern Legacy files NI 43-101 technical report for the Antakori project in Cajamarca, Northern Peru

The AntaKori Project, containing copper, gold, silver, molybdenum, lead and zinc, is located between Gold Fields Cerro Corona mine and Buenaventura's Tantahuatay mine in Cajamarca, Peru.

August 17, 2012

Oyu Tolgoi start-up, costs under threat from Mongolia–China stand-off

Rio Tinto would have to build its own power plant and delay commercial production if the two nations cannot come to a deal during long-running power negotiations.

August 17, 2012

AIVN update

The company announced today its pilot program geared at establishing the feasibility of a 250 ton per hour commercial mining operation at the Nick Mine is underway.

August 16, 2012

‘Tantamount to selective reporting’: analyst on Barkerville Gold’s 43-101

The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in…

August 16, 2012

Mandalay files updated NI 43-101 technical report for its La Quebrada copper-silver project, Chile

Announced today, the company has filed a compliant technical report documenting recent work at its La Quebrada copper-silver project in Chile. The filing occurred within the required 45 days of…

August 16, 2012

High Desert Gold intersects 21.4 metres grading 5.6 g/t gold and 32.4 g/t silver on the Grey Eagle target in Nevada at the Gold Springs project

The company reports intersects 21.4 meters grading 5.6 g/t gold and 32.4 g/t silver on its Grey Eagle target in Nevada at the Gold Springs project.

August 15, 2012

First Majestic Q2 earnings plunge 50% despite increased production

Mexico-focused First Majestic Silver's (TSX:FR) (NYSE:AG) joined the group of silver producers that have been hit hard by the falling prices of the precious metal, as the company’s reported a…