September 25, 2011

Zim gets just 20% of diamond value — experts

NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake…

September 23, 2011

Auryx Gold adopts shareholder rights plan

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - Auryx Gold Corp. ("Auryx") (TSX:AYX)(NSX:AYX) announces that its board of directors has approved the adoption of a Shareholder Rights Plan Agreement (the "Rights…

September 23, 2011

US court throws out potash price-fixing lawsuit

CTV reports a US federal appeals court threw out an antitrust class-action lawsuit accusing seven companies of engaging in a global conspiracy to raise the price of potash since 2003…

September 23, 2011

Eight new mines coming, says BC Premier

As commodities prices including precious metals were plummetting Thursday on more bad economic news, the Premier of British Columbia provided a glimmer of hope for the BC mining industry. In…

September 23, 2011

Diamond Frank Exploration Inc. announces $1,750,000 brokered financing

LAVAL, CANADA--(Marketwire - Sept. 23, 2011) - Diamond Frank Exploration Inc. (TSX VENTURE:DOD) (the "Company") is pleased to announce that it has engaged Secutor Capital Management Corporation and Industrial Alliance…

September 23, 2011

Avalon comments on Yellowknife plane crash

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - Avalon Rare Metals Inc. (TSX:AVL)(NYSE Amex:AVL) ("Avalon" or the "Company") confirms that three of its staff and four visitors were injured in the…

September 23, 2011

Mineral explorers applaud BC jobs plan

Today the Association for Mineral Exploration BC (AME BC) applauded the release of Canada Starts Here: The BC Jobs Plan.

September 23, 2011

Coal exports steady, no signs of recession – CN Rail CEO

Canadian National Rail CEO Claude Mongeau said Thursday coal exports, rail volumes have been steady and show no signs of a double dip recession, but years of sluggish economic growth…

September 23, 2011

Day of carnage on oil market brings Suncor 2011 losses to $20 billion

Weak manufacturing data from China and a US economy deemed to have "significant downside risk," saw benchmark North American crude futures drop more than $5 to just above $80 a…

September 22, 2011

Come on already, let’s build Keystone XL

American activists have been tireless in efforts to block the development of the Keystone XL pipeline project. The $7 billion, 1,700-mile pipeline would help bring more than 700,000 bbl per…