August 24, 2011

Blackthorn Resources hits high grade silver at Perkoa Zinc Project

Blackthorn Resources recently announced it has intersected high-grade silver mineralisation in all of the first three holes completed at the Perkoa JV Project in Burkina Faso, West Africa.

August 22, 2011

Canada’s Silvercorp buying Chinese assets

Canadian company Silvercorp Metals Inc. said Monday it is buying a controlling share in two Chinese mining companies for about $10.4 million, including debt. Silvercorp will hold a 90 percent…

August 22, 2011

American Manganese Initiates Detailed Exploration on Their 100% Owned Rocher Deboule Iron Oxide Copper Gold Target

Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX VENTURE:AMY)(PINK SHEETS:AMYZF)(FRANKFURT:2AM) ("American Manganese" or the "Company") is pleased to report the Company has initiated a detailed…

August 20, 2011

Finland’s Talvivaara warns on production and nickel price

Finland's Talvivaara missed Q2 earnings expectations and produced 3,951 tonnes of nickel in the quarter adding that its nickel output for the year will be towards the lower end of…

August 19, 2011

Tantalum miner Noventa places $30 million, asks investors for $7 million more

London and Toronto-listed Noventa announced Friday that it placed 73,600,000 new ordinary shares at a price of 25 pence each with institutions and other investors to raise roughly $30.3 million.…

August 19, 2011

Zinc surplus in H1 2011 above 8 pct more than entire 2010

The world Zinc surplus for the first half of 2011 has increased by 8% compared to the entire 2010, with the Chinese inventories at historically highest levels reported the World…

August 18, 2011

Kazakhstan looking increasingly attractive to international businesses, investors says GCM Worldwide

Kazakhstan, strategically placed between China and Russia, has a wealth of mineral riches which it is eager to profit from. While Kazakhstan is probably best known for its oil, changes…

August 17, 2011

Funds slash commodity bets

Funds reduced bets on rising commodity prices by the most in any week since February 2010 on mounting concern that a weakening global economy will slow demand for raw materials.…

August 16, 2011

Yukon-Nevada Gold announces second quarter results for 2011

Yukon-Nevada Gold announced its financial and operational results for the second quarter ended June 30, 2011. Highlights for the three-month period ended June 30, 2011 include the Jerritt Canyon Mine…

August 15, 2011

Major zinc market developments in July

Zinc price gains in July were more than wiped out in early August as worries intensified about global economic prospects, and further price declines could trigger mine production cuts in…