August 12, 2012

Mining returns to historic Comstock

Mining has returned to Nevada's historic Comstock more than 150 years after the discovery of one of the world's richest silver veins touched off a frenzy that drew thousands of…

August 12, 2012

From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans

Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they…

August 11, 2012

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.

August 10, 2012

Candente Gold Corp.: Goldcorp Mexico elects to continue as a 30% participating partner on the El Oro gold-silver project, Mexico

Candente Gold announced that Goldcorp Mexico, a subsidiary of Goldcorp Inc., has advised the company that it has elected to retain its 30% interest in the entirety of the El…

August 10, 2012

Strategic Metals closes sale of royalty interests and receives US$30 million payment

With the closing of the royalty sale Strategic has increased its cash position to $51 million and owns marketable shares of ATAC Resources, Silver Range, Rockhaven Resources, Precipitate Gold Corp…

August 9, 2012

Strong quarter leaves Silver Wheaton with plenty cash to continue shopping spree

Record cash flows in Q2 boosted the company's cash pile to $1.1 billion before it doled out $500 million to Hudbay this week. It also has an untapped $400 million…

August 9, 2012

Gabriel Resources up 17% as big bets placed Rosia Montana is happening

Shares of Gabriel Resources climbed 17.7% in heavy volumes on Thursday, bringing its gains since last Friday to 32% as ongoing turmoil in Romanian politics are being interpreted as positive…

August 9, 2012

Excellon Resources declares force majeure at Mexico’s mine La Platosa

Excellon Resources Inc. said Wednesday an ongoing blockade at a mine in Mexico has compelled it to declare a force majeure in connection with concentrate delivery contracts with a unit…

August 9, 2012

2Q profit slips at Yamana due to escalating costs

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.

August 9, 2012

Romios provides an update on its exploration program in the Golden Triangle, northwestern British Columbia

To date, Romios has completed 10 diamond drill holes totalling 1,815 metres on its Ken, Northwest-Jazzman, and '72 Zone exploration targets located within its Newmont Lake project