January 23, 2012

2012 continues to be good for gold

Comex gold and silver futures prices made strong gains in morning trade Monday, with the February gold contract powering to a six week high of $1,679.50 an ounce, up just…

January 23, 2012

Pan American Silver acquiring Minefinders for $1.5 billion

Pan American Silver is buying Minefinders for $1.5 billion in a cash and stock deal. Markets reacted negatively to the news with Pan American today losing 8.67% of its value…

January 23, 2012

SilverCrest trades up after announcing a 424 percent increase in silver equivalent inferred resources

SilverCrest Mines (CVE:SVL), a gold and silver miner operating in Mexico, announced today that the inferred resources at its La Joya property increased by 424% from 24.0 million to 126.0…

January 20, 2012

Pan American Silver to step up as Rio Grande says sayonara to cyanide ban

Vancouver-based Pan American Silver Corp said on Friday it will speed up the development of its Argentina gold project this year after the Rio Negro provincial legislature lifted the ban…

January 20, 2012

Independence Gold Increases Resource Estimates for 3Ts Project, BC

Independence Gold Corp. (TSX VENTURE:IGO) ("Independence Gold" or "the Company") is pleased to announce an increased National Instrument ("NI") 43-101 compliant Inferred Resource estimate for three mineralized veins on its…

January 20, 2012

Fresnillo tops 2011 gold output targets

Mexican precious metals miner Fresnillo PLC Wednesday beat its full-year silver and gold production targets and said it expects to deliver strong financial results in 2011 due in part to…

January 19, 2012

Ekati output down 29% as it enters twilight years

IDEX News reports BHP Billiton's Ekati diamond mine produced 481,000 carats in the last quarter of 2011, a 29% decline compared to a year ago. 80%-owner BHP Billiton wants to…

January 19, 2012

Quadra FNX: Victoria Mine production up 16%

Quadra FNX Mining (TSX:QUX) has updated the resource at its Victoria Mine in Ontario, Canada.

January 19, 2012

Silver Predator hits high-grade silver in Yukon

A couple of intercepts border on bonanza grade for Silver Predator in drilling results from the Plata project.

January 19, 2012

Summit mine ready for commercial gold/silver production

The Summit mine in southwest New Mexico is ramping up to commercial production this month.