Analysts say the $1.5 billion share purchase will be useful if Vedanta fails to get a big response from minority shareholders for […]

Rising silver prices lead Canadian junior Aurcana to cancel debt financing proposal with two Sprott companies – and it gets sued as […]

Demand for rare earth metals is likely to continue growing at double digit annual rates for the foreseeable future but, the supply side does not look quite as rosy. According to Molycorp CEO, Mark Smith, while a lot of production has been forecast from a number of small producers, very little of it is likely to come on stream in five years.

With a new loan close to being secured, Trevali may soon join the ranks of bona fide miners, producing at two poly-metallic […]

Dampier Gold Limited (ASX:DAU) is pleased to announce the results of recently completed resource estimates for the K1 and K2-K3 deposits located within the company’s 100%-owned Plutonic Dome project. These updated estimates continue Dampier’s methodical review of previous models generated for the significant gold deposits within the Plutonic Dome project area. The new resource estimates are based on drilling completed by the previous owners and by Dampier in 2010 and incorporates updated interpretations of the mineralization. Image by Dampier Gold

Talison Lithium Limited ("Talison") (TSX:TLH) announces its preliminary production and sales results for the three and nine months ended March 31, 2011 from its Greenbushes lithium operations in Western Australia (the "Greenbushes Lithium Operations").For the three months ended March 31, 2011, production increased 33%, and sales increased 74% over the three months ended March 31, 2010.

Seeking more effective emergency solutions? Plan on attending the Mine Rescue Emergency Management Seminar in Pittsburgh this July 26-17.

The seminar will cover emergency planning, response strategies, business continuity, training and risk assessment. Some of the topics listed in the preliminary program are auditing and updating your plans, creating flexible plans, improving responses, minimizing loss, coaching and assessing performance, daily maintenance of your plans, risk management on the run, crisis-proofing, optimum mine site readiness, and many more.

China's Minmetals Resources Ltd will raise $499 million from a share placement, IFR reported on Tuesday. The new shares were sold at HK$5.10 ($0.66) each, below the indicative price range of HK$5.20-$5.60, translating to a discount of approximately 13.4 percent to the last traded price, IFR, a Thomson Reuters publication, citing sources said.

The Wall Street Journal is reporting that Leighton Holdings Ltd., and two joint venture partners, have obtained a contract worth $586 million, to last 66 months, at one of the richest diamond mines in Botswana.