April 18, 2012

Endeavour silver corporation: new acquisition doubles reserves

Endeavour Silver Corporation (EXK) have just announced that they have entered into a definitive agreement whereby Endeavour will acquire 100% interests in AuRico Gold's operating El Cubo silver-gold mine in…

April 18, 2012

Indonesia readies ban on unprocessed metal-ore shipments

Indonesia, Southeast Asia’s largest economy, will proceed with a plan to ban exports of unprocessed metal ores including bauxite from next month, while confirming an exemption for producers that intend…

April 18, 2012

Legendary mining financier Robert Friedland quits Ivanhoe in Rio Tinto shake-up

Anglo-Australian mining giant Rio Tinto tightened its grip on Ivanhoe Mines as part of a $3.3 billion financing deal announced this morning, leading to the resignation of chief executive and…

April 18, 2012

Canadian Scorpio Mining’s silver production falls‎

Toronto-listed Scorpio Mining (TSX: SPM) reported quarterly silver production at its Nuestra Señora mine in Mexico fell 10%, driven by lower head grades.

April 18, 2012

Fresnillo’s silver production in line, while gold exceeds expectations

Precious metals miner Fresnillo (LON:FRES), the largest silver producer, reported its first-quarter silver production was in line with expectations, while it said higher-than-expected gold output, owing to the start up…

April 18, 2012

Mirasol reports discovery of a new large gold silver vein zone at Claudia Project, Argentina

Mirasol Resources Ltd. (TSX-V: MRZ) (Frankfurt: M8R) ("Mirasol" or "the Company") is pleased to announce discovery of a large new epithermal gold-silver zone at its 100%-owned Claudia project, which adjoins…

April 18, 2012

Kingsgate opens door for Chilean silver mine

A takeover of the Chilean assets of a small Australian firm two years ago has given Kingsgate Consolidated the opportunity of developing another silver mine.

April 18, 2012

Strikes and bad weather hammer BHP’s production

Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.

April 18, 2012

Canada makes good on promise to streamline mining, oil and gas projects

The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."

April 17, 2012

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.