April 19, 2012

Dave Osborn announced as Managing Director for Gemcom Africa

Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Dave Osborn has been appointed managing director for the company’s Africa business unit, providing strategic…

April 19, 2012

Silver Survey: Investor interest in the devil’s metal beginning to wane

The metal's characteristic price volatility – why traders often refer to it as the 'devil's metal' – is a deterrence for investors and silver had an especially torrid 2011.

April 19, 2012

New lawsuit to reverse Grand Canyon uranium mining ban

Canadian mining company Quaterra Alaska and county supervisors in northern Arizona have filed a lawsuit against the US government, aiming to reverse a federal 20-year closure of one million acres…

April 19, 2012

Gryphon Gold secures $15,000,000 Senior Secured Credit Facility with Waterton Global

The Proceeds Advanced Under the Facility Will Permit the Company to Prepay All of Its Existing Subordinated Notes

April 19, 2012

Pink diamond sold for $15 million sets US record

A rare nine-carat pink diamond ring belonging to philanthropist and heiress, Huguette Clark, sold for $15 million at a Christie's auction.

April 19, 2012

Azimut reports on gold results from the Nantais Project, Nunavik, Northern Quebec

Highlights of the 2011 prospecting program include Azimut's discovery of two new gold prospects (16.7 g/t Au from an outcrop and 26.1 g/t Au from a near-source boulder).

April 19, 2012

Mongolia’s ‘ninja miners’ help sate China’s lust for gold

In a hot, concrete hut filled with acetylene fumes, an elderly Mongolian miner struggles to contain her excitement as she plucks a sizzling inch-long nugget of gold from a grubby…

April 19, 2012

Dynacor Gold Mines: gold and silver production continues to soar in Q1-2012

In conjunction with the higher metal production, the Company estimates a quarterly gold and silver sales record of US $23.5 million (US $14.7 million in Q1-2011) which is a period…

April 19, 2012

Syria trying to sell gold reserves as sanctions begin to bite – sources

Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.

April 19, 2012

British government urges Anglo American and Codelco to reach amicable resolution

Chile's state-owned mining company Codelco, the world's largest copper producer London-based Anglo American (LSE: AAL) should try reaching a negotiated solution to the ongoing dispute about Codelco’s stake in Anglo’s…