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…

November 9, 2012

South African report highlights Chinese labor abuses in the Sub-Sahara

A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh…

November 9, 2012

Ryan Gold announces third quarter non-cash impairment in carrying value of Ida Oro property

Company determined that it was necessary to record an impairment of the carrying value of its Ida Oro property, non-cash loss attributable to the impairment is $127 million.

November 8, 2012

Yamana Gold increases investment to reopen gold mine in Atacama to USD 423 million

Canadian company Yamana Gold has announced it will increase its investment from USD 315 million to USD 423 million to reopen the gold mine "Agua de la Falda", located in…

November 8, 2012

Black Iron to release bankable feasibility study for the Shymanivske Iron Ore Project and host conference call on November 15, 2012

Initial results set for release