"We thank shareholders for their support during this unnecessary proxy contest, which has been challenging, costly and disruptive for Baja," said John Greenslade, President and CEO of Baja. "We also caution that strong shareholder support may again be needed at the upcoming Annual General Meeting."

President Ollanta Humala’s administration wants the the South American nation's highest court to throw out an ordinance by the region of Cajamarca banning work on the $4.8 billion copper-gold project.

Contract gold dropped almost $40 an ounce in a matter of minutes in lunchtime trade after comments from the US Federal Reserve that seemed to preclude any chance of another round of monetary easing.

Mexican silver miner, First Majestic, announced a friendly acquisition of Silvermex Resources for Can$175 million.

Acid sprays, gassings, venomous snakes, and lightning strikes are just some of the risks faced by Queensland miners atop the threat of mine collapse and violent explosions.

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Canada's Royal Bank (TSX:RY) yesterday, saying it engaged in hundreds of millions of dollars in sham futures trades to reap tax benefits on its holdings of company stocks.

The profit margin for diamonds is a far cry from 70% enjoyed by the mining giants' iron ore divisions.

Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop call-out order from 2009 still in effect.

London-listed African Barrick Gold (LON:ABG) reported increasing confidence in its Nyanzaga project, in Tanzania and said that the project has the potential to become its next mine in the country.