Lured by rising copper prices, thieves are causing havoc for Europe’s railways as they steal copper cables that run alongside the tracks, […]

Vancouver-based Mercator Minerals has acquired Creston Moly Corp. in a stock and cash deal amounting to C$195 million, Mercator announced Tuesday in a press release. Under the arrangement, Creston shareholders will receive 0.15 of a Mercator common share and $0.08 in cash, for each common share of Creston — representing a respective 43% and 40% premium on the companies' share prices as of market close on Friday.

Consolidated Thompson Iron Mines announced that Cliffs Natural Resources has received approval under the Investment Canada Act for completion of the plan of arrangement pursuant to which Cliffs will acquire all the outstanding common shares of CLM. The closing of the Arrangement remains subject to certain other customary conditions, including obtaining approval of the MOFCOM filing with the Anti-Monopoly Bureau of the Ministry of Commerce of the People's Republic of China.

The Peruvian government has cancelled a billion-dollar copper mining project near Arequipa, Peru, after clashes between police and protesters left three dead […]

Maudore Minerals Ltd. (TSX-V:MAO) reported the highest drilling intercept ever obtained on the Comtois property, along with several other new high-grade gold assays and more broad near surface intervals from ongoing exploration and definition drilling on the property, located north of Val-d’Or, Quebec, Canada.

Thunder Mountain entered into an agreement with Newmont to advance the company’s Trout Creek project in Nevada. The agreement allows Thunder Mountain to conduct exploration activities on Newmont’s land around the company’s Trout Creek claims.

Emgold Mining provides the following update on its Idaho-Maryland Project ("Project"), located in Grass Valley, California. In follow up to the Company's March 7, 2011 press release, Emgold, through its 100 percent owned subsidiary Idaho-Maryland Mining Corporation ("IMMC"), has commenced the filing process for its 2011 Revised Permit Application with the City of Grass Valley ("City"). The City is the Lead Agency and responsible for completing the Environmental Impact Report ("EIR") for the Idaho-Maryland Project, as part of the California Environmental Quality Act ("CEQA") process.

Endeavour Silver Corp's first-quarter revenue nearly doubled as production rose and bullion prices climbed sharply. For the quarter, revenue was $35.4 million, compared with $18.2 million last year.

TD Securities Head of Commodity Strategy, Bart Melek Monday predicted "gold will trade materially above the $1,500/oz mark sometime in the second half of 2011." "Despite recent strength and record prices, TDS analysis points to more upside for gold into 2011," Melek advised.