July 8, 2011

Rio Tinto hands over metal used to make Olympic medals to organisers

The first metal that will be used to make London Olympics medals was handed over to organisers Friday. Mining company Rio Tinto, who will supply the metal, gave a lump…

July 8, 2011

Breakaway Resources – Altia joint venture: further drilling planned

Breakaway Resources Limited (ASX: BRW) is pleased to advise that BHP Billiton Minerals Pty Ltd (ASX: BHP - "BHP Billiton") is proposing further diamond drilling under a Farm-in and Joint…

July 8, 2011

Peru creates additional retirement fund for miners

Peru's congress Thursday enacted a new law on Thursday that provides miners with an additional retirement fund funded by corporate profits and payrolls Peru's Congress enacted a law on Thursday…

July 7, 2011

Trevali announces $15 million non-brokered private placement

Trevali Mining announced that it has arranged a non-brokered private placement of up to 10,000,000 common shares at a price of CDN $1.50 per common share to raise gross proceeds…

July 7, 2011

Sunshine Silver Mines files IPO, hopes to raise $250m for Idaho mine

An outfit called Sunshine Silver Mines Corporation has just filed paperwork with the SEC for an initial public offering. Financial terms are not disclosed other than that it has filed…

July 7, 2011

First Majestic Silver Corp.: another record quarter of silver production

First Majestic Silver announced that production in the second quarter of 2011 reached 1,843,830 equivalent ounces of silver, representing an 11% increase over the 1,656,165 equivalent ounces of silver produced…

July 7, 2011

Rio Tinto appoints former Barclays CEO Varley to board

Rio Tinto PLC has appointed John Varley, the former chief executive of Barclays PLC, as a non-executive director to Rio Tinto's board of directors in the U.K. and Australia, starting…

July 7, 2011

Horizons Exchange Traded Funds Launches Inverse Gold and Silver ETFs

Jovian Capital Corporation ("Jovian") (Toronto:JOV.TO) and its subsidiaries Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and BetaPro Management Inc. ("BetaPro"), are pleased to announce the launch of two new exchange…

July 7, 2011

Silver Technical Precious Metals (2011-07-07)

Silver is presently hovering around the PRZ of the suggested Bat pattern and momentum indicators shows that the pattern has been completed. Stability below 36.35 suggests a bearish direction over…

July 7, 2011

Sonora Resources sampling program identifies additional high grade targets at Los Amoles Silver Prospect

Sonora Resources Corp. (OTC:SURE) announced that sampling has revealed more high grade silver at Los Amoles.