September 23, 2011

Silvercorp files lawsuit in New York against stock manipulation scheme

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2011) - Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) a Canadian based mining company, ("Silvercorp" or the "Company") on September 22, 2011 filed a lawsuit in New…

September 23, 2011

Teras to initiate 20,000 meter drill program

Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA) Teras is pleased to announce that the Company has engaged Harris Exploration to drill approximately 100 holes totalling over 20,000 meters…

September 23, 2011

Peru’s Congress approves raised mining taxes and royalties

Peru, a top global producer of precious and base metals, expects $42 billion in mining investments over the next decade and Congress has approved new legislation that will see miners…

September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 22, 2011

Mining companies not the best way to bet on silver

Current market uncertainty has caused many investors to seek safety in precious metals, including gold and silver.

September 22, 2011

Precious metals ‘shot to pieces’ as losses continue to mount

Gold failed to capitalize on the stock market rout and December futures tumbled 4% or $74/oz to $1,734/oz by early Thursday afternoon as the Fed warned of "significant downside risks"…

September 22, 2011

Silvercorp repurchases approx. $35 million of shares under NCIB

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2011) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) announced it has acquired a total of 4,468,012 of its common shares at a…

September 22, 2011

Huldra Silver provides development update for Treasure Mountain

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2011) - Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company" or "Huldra") today provides an update on the 2011 development program at its 100% owned…

September 21, 2011

Ivanhoe roiled as Mongolia rethinks Oyu Tolgoi, says partner Rio makes ‘unauthorized’ statements

News that the Mongolian government is rethinking a 2009 deal that gave Ivanhoe Mines and Rio Tinto a 66% stake in the massive Oyu Tolgoi gold and copper project has…

September 21, 2011

ValGold to acquire past producing gold-silver mine and surrounding region in Western Ukraine

ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2) ("ValGold") is pleased to announce that it has negotiated an agreement to acquire a 75% interest in a private Ukrainian company, Klinservis - Center Ltd.,…