Paramount Gold and Silver was up 4.8% to $2.40 after announcing gold and silver values from 10 core holes drilled on its San Miguel Vein deposit in Mexico.

Pan American Silver is buying Minefinders for $1.5 billion in a cash and stock deal. Markets reacted negatively to the news with Pan American today losing 8.67% of its value and falling to $22.85 a share in morning trading.

SilverCrest Mines (CVE:SVL), a gold and silver miner operating in Mexico, announced today that the inferred resources at its La Joya property increased by 424% from 24.0 million to 126.0 million silver equivalent ounces.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) has completed its analysis to determine the most efficient way to advance the 8,580 square kilometre Chidliak project ("Chidliak" or "the Project"), located 120 km from Iqaluit, Baffin Island, Nunavut, Canada. This review was prompted by the Company's opportunity to increase its interest in the Project to 100% by acquiring BHP Billiton's 51% interest, as announced on December 20, 2011.

FLSmidth, a global engineering company out of Denmark, is planning a A$267 million acquisition of Ludowici Limited, an Brisbane-based company that manufactures coal centrifuges, vibrating screens and complementary wear resistant products.

Botswana Diamonds recently listed on the Aim Market mining sector and says plans are underway to have a secondary listing on the Botswana Stock Exchange. Executive chairman of Botswana Diamonds John Teeling recently had an interview with proactive...

Over the next twenty years non-fossil fuels, such as nuclear, hydro and renewables, will be the fastest growing parts of the energy sector, according to BP Energy Outlook, a report that was released on Thursday.

Jose Sergio Gabrielli is no longer CEO of Petrobras, Brazil's state-controlled oil company. He was replaced by Maria das Graças Foster, a business leader with close ties to the president of Brazil, Dilma Rousseff.

DiscoveryNews reports that a New York design firm is planning to harvest energy from wind using compression rather having it blow through a blade and turn a turbine.