The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.

Western Areas NL ("Western Areas") (TSX:WSA)(ASX:WSA) is pleased to announce full repayment from cash reserves of the A$105.5m convertible bond issue expiring today. The repayment is consistent with guidance provided to the market over the last 12 months confirming the company's focus on maintaining a sound and stable balance sheet.

According to analysts, gold could benefit from policymakers actions, but "investment bid needed" to move the price higher

The metal surrendered gains from Friday's session along with the euro and other commodities as a bounce lent to the financial markets by EU plans to tackle the debt crisis petered out.

The Marathon Project, located near Lake Superior in Ontario, has anticipated annual production of about 200,000 ounces of palladium and platinum and 37 million pounds of copper.

Scientists may have solved the riddle why so little coal seemed to form after the end of the carboniferous period.

For July 1 celebrations, the National Archives of the UK uploaded several hundred photos of Canada to Flickr, including pictures of Barkerville, British Columbia's most famous frontier town.

Gold Fields (NYSE:GFI) said it is shutting down KDC West mine after an accident claimed five employees' lives.

After years of political wrangling, the Minerals Resource Rent Tax or MRRT takes affect as the country's largest polluters will now pay A$23 for every tonne of greenhouse gas they produce.