Peter Pocklington, the former owner of the Edmonton Oilers hockey team, is accused of making false claims about Arizona gold mines and defrauding investors out of millions, says a report in The Calgary Herald.

Chile will not be able to keep mining for copper, gold and other minerals if the government does not address the country's pressing energy needs, a mining conference in Santiago heard this week.

In another attempt to reduce its dependence on China's strangehold on rare earth element supply, Honda announced that its dealers will start to recycle old cars to extract the rare earth metals from the nickel-metal hydride batteries.

In a supply risk index of chemical elements that are of economic value, four elements placed ahead of rare earth.

SilverCrest Mines jumped as much as 9% on Thursday on higher than usual trading volumes, after announcing silver production doubled and gold output tripled at its Santa Elena mine in Mexico.

South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.

Anton Berlin, head of marketing for Norilsk, says if prices rise above $20,000 a tonne on the back of Indonesia’s proposed ban on the export of ore, many idled mines can re-open.

Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Dave Osborn has been appointed managing director for the company’s Africa business unit, providing strategic leadership for the region’s market-leading and fast-growing operations.

The metal's characteristic price volatility – why traders often refer to it as the 'devil's metal' – is a deterrence for investors and silver had an especially torrid 2011.