Vancouver-based Eastern Platinum was forced to issue a clarification over contained platinum resources at its South African PGM properties following a review by the British Columbia Securities Commission.

The stars are aligning for gold take up its position of the ultimate storer of wealth, hedge against inflation and all-round best alternative to paper currency. But gold is not reacting the way it used to - instead it is trading back below $1,600 an ounce, down almost $30 on Friday and now showing a loss for 2012.

The National Post reports that June home sales hit a 10-year low.

A Bolivian farmer died on Friday and at least four others were injured when protesters occupied the Malku Khota project, operated by Canadian South American Silver in the Andean highlands.

Locked out workers at a Rio Tinto Alcan plant in Quebec, Canada, voted to end a six-month labour dispute that has dragged on since Dec. 30, said the United Steelworkers union in a press release on Friday.

Barrick Gold, the world's largest gold company, said a new ruling outlawing mining near glaciers in Argentina will not interfere with its Pascua-Lama mine, one of the world’s largest new projects targeting the precious metal.

Canadian oil sands producers battling high development costs are getting help from an unlikely quarter: Saudi Arabia and its OPEC allies.

The company announced today that it plans to exit Papua New Guinea following receipt of a formal notice that the licence renewal for its non-core Kili Teke property was denied.

The Oppenheimer family, controller of giant diamond miner DeBeers since 1927, has officially let go of its 40% stake in the company after South Africa’s Mineral Resources Minister approved the acquisition by Anglo American.