August 8, 2012

Hecla Mining’s bid to take over US Silver falls through

US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.

August 8, 2012

Coeur d’Alene beats analysts’ estimates, acquire Hundra Silver shares

USA’s largest primary silver producer, Coeur d’Alene Mines (NYSE:CDE)(TSX:CDM), reported a second-quarter profit on Tuesday that beat analysts' estimates thanks to cost cutting and improved gold production results at its…

August 8, 2012

Revolution Resources announces discovery of three gold, copper, and molybdenum prospects, La Bufa project, Mexico

In the report, Revolution announces the discovery of three new high-grade gold, silver, copper and molybdenum-bearing prospects at its La Bufa Property in Mexico.

August 8, 2012

Teras receives gold assay results including 22.9m of 8.46 g/t and 12.2m of 13.51 g/t, with a high of 1.5m of 39.35 g/t, within 117.4m of 2.10 g/t

Assay results from its Cahuilla gold-silver Project in Imperial County, California include 22.9m of 8.46 g/t and 12.2m of 13.51 g/t, with a high of 1.5m of 39.35 g/t, within…

August 8, 2012

Tigray Reports 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and 68 g/t silver at Terakimti

Highlights from the Ethiopian projects include 18.0 meters of 3.23% copper, 0.95 g/t gold, 22 g/t silver and 3.86% zinc at Mayshehagne, and 12.0 meters of 2.18 g/t gold and…

August 8, 2012

Liberty Silver expands Trinity land package with acquisition of Hi Ho silver property

The agreement will have Liberty Silver provide cash consideration of $150,000 and issue 3,000,000 shares of Liberty Silver stock to Primus and grant 2% net smelter royalty on future production…

August 8, 2012

Gold Horizons Mining Co. Ltd announces their first revenues with their Angostura joint venture project

Currently processing 400 tons of mineral each month with estimated recovery of 90 ounces of gold, Horizons intends to increase monthly production to 200 ounces of gold per month.

August 7, 2012

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.

August 7, 2012

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new…

August 7, 2012

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.