August 20, 2012

Philippine miners duck taxes by selling gold on the black market

Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.

August 20, 2012

Southern Legacy files NI 43-101 technical report for the Antakori project in Cajamarca, Northern Peru

The AntaKori Project, containing copper, gold, silver, molybdenum, lead and zinc, is located between Gold Fields Cerro Corona mine and Buenaventura's Tantahuatay mine in Cajamarca, Peru.

August 20, 2012

Aurcana reports record results for Q2, 2012

During Q2 2012 Aurcana completed the expansion of the La Negra mill capacity to 2,500 tpd and both production and revenue increased at La Negra even with the significant drop…

August 16, 2012

Cleaning up heavy metals using worms

Worm composts are not just for kitchen waste, since the bugs also happen to be good at absorbing heavy metals, according to […]

August 16, 2012

Fancamp Exploraton Ltd.: unexpected historic drill results on Clinton copper-zinc, Lamelee iron drill program update

The results of 10 historic drill holes drilled in 1997 have reported results such as 1.26% Copper and 1.37% Zinc over 32.2 meters and 1.31% Copper over 26.9 meters.

August 15, 2012

Trevali arranges $10-Million bridge credit facility

The company has announced that it has entered into $10-million bridge-loan credit facility agreement with Sprott Resource Lending Partnership.

August 13, 2012

Waymar intersects 40.5 meters grading 14.1 g/t gold at Anza

The company provides a report on the drill results from its Anzá property, Antioquia Department in the Republic of Colombia.

August 12, 2012

From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans

Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they…

August 11, 2012

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.

August 10, 2012

Canadian Zinc reports financial results for second quarter 2012

For the three and six month periods ended June 30, 2012, the company reported a comprehensive loss of $11,955,000, compared to a comprehensive loss of $24,551,000 for the same periods…