March 22, 2012

Tata Group looking to partner with South African coal miner

The Tata Group, India's largest conglomerate, is said to be investigating a joint venture with South African coal producer Increase Coal.

March 22, 2012

Nevsun posts $78m profit for Dec quarter

Nevsun Resources, which owns the Bisha gold mine in Eritrea, made $78.3-million in net after-tax earnings in the last three months of 2011, about 12% lower than the previous quarter’s…

March 22, 2012

Proven and Probable Reserves Grow by 36% at La Mancha’s Frog’s Leg Mine

La Mancha Resources Inc. (TSX: LMA, hereinafter "La Mancha" or the "Company") is pleased to announce that Proven and Probable gold reserves (the "reserves") at its Australian Frog's Leg mine…

March 22, 2012

Powerscreen honours dealer network

Powerscreen, provider of mobile crushing, screening and washing equipment, presented top awards to dealers at World Dealer Conference in Cape Town, South Africa.

March 22, 2012

Randgold shares plunge almost 13% after military coup in Mali

Randgold Resources (LON:RRS, NASDAQ:GOLD) shares fell close to 13% this morning after a military coup in Mali, where the company has three gold mines that account for most of its…

March 22, 2012

DiamondCorp’s CEO ready to speak to financiers after SRK green light

Paul Loudon, chief executive of DiamondCorp (LON:DCP), is preparing to talk to banks, project financiers and potential rough diamond buyers. It comes after an independent engineering report gave the green…

March 22, 2012

Gold Fields buys 40 pct stake in Philippine gold/copper project

The world's fourth-largest bullion producer acquired the stake after making a $110 million down payment this week and retained the option to acquire an additional 20% in the Far Southeast…

March 21, 2012

Metalex discovers another large (18Ha) kimberlite in Angola

Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to report that our geological field technician reports that kimberlite has been intersected while core drilling a 18 hectare…

March 21, 2012

In West Africa, a Canadian mining company pioneers ‘the new humanitarianism’

Mining company boss Steve Letwin was ecstatic when he struck a precedent-setting deal with the Canadian government to work together on a training project for African youth. “I think it’s…

March 21, 2012

Riverstone Intersects 15.88 g/t Au Over 10 Metres at the Kao Deposit

Riverstone Resources Inc. (TSX VENTURE:RVS)(OTCQX:RVREF)(FRANKFURT:3RV) ("Riverstone" or the "Company") is pleased to report results from eleven diamond drill holes on the 100% owned Kao Deposit, which forms part of the…