April 19, 2012

Stornoway closes private placement of units

The proceeds from the Private Placement will be used to fund pre-development expenditures at the Renard Diamond Project for the 2012 calendar year and for general corporate purposes.

April 19, 2012

Honda would like those rare earth metals back

In another attempt to reduce its dependence on China's strangehold on rare earth element supply, Honda announced that its dealers will start to recycle old cars to extract the rare…

April 19, 2012

Not at the top: rare earth ranks fifth for supply risk

In a supply risk index of chemical elements that are of economic value, four elements placed ahead of rare earth.

April 19, 2012

Newstrike Capital intersects 81.45 meters of 2.19 g/t Au, including 25.03 meters of 5.10 g/t Au at the Ana Paula Project

Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") is pleased to announce the next series of results completed in the 2012 drill program in progress at the Company's 100%-owned…

April 19, 2012

Investors ride SilverCrest wave

SilverCrest Mines jumped as much as 9% on Thursday on higher than usual trading volumes, after announcing silver production doubled and gold output tripled at its Santa Elena mine in…

April 19, 2012

If deficit reduction is the answer, then you are asking the wrong question

David Frum, not a gold fan, writes a confessional in the Daily Beast on why he is not a deficit hawk.

April 19, 2012

Asian investors pile into South American Silver with $16 million private placement

South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.

April 19, 2012

Indonesian export ban to make many nickel mines viable again

Anton Berlin, head of marketing for Norilsk, says if prices rise above $20,000 a tonne on the back of Indonesia’s proposed ban on the export of ore, many idled mines…

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.