November 12, 2012

Petaquilla granted mining rights to re-open Lomero-Poyatos gold mine in Spain

Canadian gold miner Petaquilla Minerals Ltd. (TSX:PTQ) said Monday it has completed the titling process for its wholly-owned Lomero-Poyatos project in Andalucia, Spain, about 500 km south of Madrid.

November 12, 2012

Osisko Mining buying Queenston in $550-million deal

Canada’s Osisko Mining Corp. (TSX:OSK) announced Monday it will buy Queenston Mining Inc for about $550 million to get access to gold-rich properties in the Kirkland Lake area in north-eastern…

November 12, 2012

Shale will make the U.S. world’s top oil producer

The United States will surpass both Saudi Arabia and Russia becoming the world’s top oil producer by 2017, says the latest yearly world energy outlook published Monday by International Energy…

November 12, 2012

Canadian Orebodies announces successful completion of summer drill program

Summer drill program at the Haig Inlet Iron Project has successfully concluded

November 12, 2012

Yamana Gold insists on risky project in northern Chile

Canadian miner Yamana Gold Inc. (TSX:YRI) (NYSE: AUY) is refusing to give up on its plans to re-open the old “Agua de la Falda” gold mine in Chile’s northern Atacama…

November 10, 2012

Tiny family business sells $4 billion gold to US mint, jewellers and hedge funds each year

The company pockets about a quarter of a percent of its precious metal sales—less for the gold it sells to the Mint.

November 9, 2012

Queenston files NI 43-101 technical report on updated mineral resource at Upper Beaver

The company highlights: Indicated mineral resource of 1.46 million ounces of gold and 56 million pounds of copper 6,870,000 t grading 6.62 g/t Au and 0.37% Cu.

November 9, 2012

Canada may change entire temporary foreign worker program over Chinese miners controversy

Accusations of Chinese miners being dubiously brought into the Canadian province of British Columbia to work in coal mines has prompted the federal government not only to investigate the issue,…

November 9, 2012

Peruvian company acquires Canadian gold junior Andina Minerals

Peruvian precious metals miner Hochschild (LON:HOC) is acquiring Canadian Andina Minerals (TSX-V:ASM), after the junior gold miner agreed late Thursday to a friendly takeover.

November 9, 2012

Obama energy adviser says doubts about Keystone XL remain

While Calgary-based TransCanada (TSX, NYSE:TRP) remains optimistic about its Keystone XL pipeline’s prospects, given Obama administration’s focus on moving the U.S. away from its dependence on foreign oil, uncertainties around…