Paragon Diamond gets $10 million to finish its Lesotho mine
Paragon Diamonds (LON:PRG) has signed a financing agreement for its Motete Dyke project in Lesotho, paving the way for production to start in 2013.
Latest Stories
Forest fire forces Atlanta Gold to halt work at Idaho project
Canadian junior Atlanta Gold (TSX:AGC) on Tuesday reported that it was cut off from accessing its Atlanta gold property by a forest fire, and might not be able to continue court-ordered remediation work to the water treatment facility until mid-October.
Italian coal miners barricaded in mine, armed with explosives
About 100 coal miners are barricaded inside an underground mine in Sardinia, Italy, and have armed themselves with explosives to prevent the mine's closure.
Aurcana boosts resources at Mexico’s La Negra
Canadian Aurcana Corp. (TSX-V: AUN, OTCQX: AUNFF) has updated the resource estimate for its La Negra polymetallic mine in Mexico's Querétaro state.
More singers join the ‘supercycle is over’ choir
Financial Times analysts are the latest ones singing the “supercycle is over” song, as the paper points today to recent profit reports from major miners, including Anglo American, BHP Billiton, Rio Tinto and Xstrata as the most recent evidence.
Two men killed on Origin Energy offshore rig
Two men have died in an accident on an offshore gas rig operated by Origin Energy(ASX:ORG) in Australia's Bass Strait.
Eric Sprott cautions investors to fear the financial system
Sprott says it's time for people to take matters into their own hands and that means pushing further and further into precious metals equities as well as physical gold and silver.
Gold miners beleagured by ‘exponential’ increase in costs
Gold miners confront costs which are 'increasing exponentially' according to Silver Doctors, with some predicting that gold prices will need to rise to $3,000 within five years in order for companies to stay profitable.
China snaps up US assets
China's overseas buying spree continues unabated, with companies upping the pace of their US asset purchases.
