November 22, 2011

GobiMin makes handsome $8 million on sale of $30 million China coal stake

TSX Venture-listed GobiMin's financial and operating results for the third quarter of 2011 showed the diversified explorer made a handsome profit on the sale of a stake in a Chinese…

November 22, 2011

Study casts doubt on undersea mining

A new study is casting doubt on the viability of undersea mining, despite recent success by Vancouver-based Nautilus Minerals (TSE:NUS) in obtaining the first-ever permit to mine the seafloor off…

November 21, 2011

Silver to bounce back and outperform gold in 2012

Commodity Online reports it will be investment demand that will likely drive up the price of silver in 2012. The same macroeconomic factors that impact on gold, also affect silver.…

November 21, 2011

Omineca Mining and Metals and Sierra Madre Developments Announce Signing of an Option to Purchase the Harrison Gold Property

Management of Omineca Mining and Metals Corp. (Omineca)(TSX-V:OMM) is pleased to announce that the Company has signed an Option to Purchase Agreement with Sierra Madre Developments Inc. (Sierra Madre)(TSX-V:SMG) whereby…

November 21, 2011

Cash-flush Silvercorp buys China mine number seven

Emerging from a short and distort saga awash in cash, Silvercorp Metals on Monday announced the acquisition of SX Gold, a mining concern controlled by the Luoyang city government in…

November 21, 2011

Silver prices forecast to exceed $50 by end-2012 as investment demand continues to surge

Fabrication demand is forecast to grow by 4% in 2011. Industrial offtake is set to rise, in spite of the Japanese earthquake, weak economic growth in western economies and the…

November 20, 2011

B.C. Liberals’ changes to Mines Act spark protest

Premier Christy Clark is about to find out her plans to chip away at the mountain of bureaucracy facing mining developments in British Columbia won't be an easy climb if…

November 20, 2011

Investors have moved from ‘walking to jogging’ in commodities space

Has the spiralling increase in the price of gold and silver lured the common man to look at investing or trading in the commodities market?

November 20, 2011

DMCC trader launches web-based bullion trading

Gold.ae service primarily provides spot trading of gold and silver bullion ranging from 1 ounce to 1 kg. (REUTERS) Gold Arab Emirate DMCC (Gold.ae) has launched the Middle East’s first…

November 20, 2011

Contractor succumbs to injuries at Hecla Lucky Friday Mine

Brandon Lloyd Gray, a 26-year-old miner critically injured at Hecla Mining's Lucky Friday mine on November 17, succumbed to his injuries early Saturday morning with his family at his side.…