April 11, 2012

Sandfire touts strong gold-copper mine growth

Australian mining company Sandfire Resources has released its first quarter results, showing a significant growth at its gold and copper mine in the Murchison.

April 11, 2012

1/2-million ounce gold reserve confirmed at Tembang, Sumatra

Sumatra Copper & Gold has released a new reserve estimate for its Tembang gold-silver project in southern Sumatra, Indonesia.

April 11, 2012

IAMGOLD Files Mineral Resource Report for Westwood Project: Confirms Resources and Start-up in Early 2013

Cash costs for Westwood are now forecast to average $533 per ounce over the life of the operation, higher than previously forecast.

April 11, 2012

Ellis Martin Report with David Duval of Tanzanian Royalty Exploration Corp

Ellis Martin interviews David Duval, special advisor to Jim Sinclair, President of Tanzanian Royalty Exploration Corproation (NYSE:TRX).

April 11, 2012

Peruvian company Grupo Brescia to extract copper in Chile

Peruvian company Grupo Brescia announced today that it is going ahead with plans to further diversify its investments by mining for copper in neighbouring Chile, reports Portal Minero.

April 11, 2012

BHP Billiton to permanently close Norwich Park coal mine

BMA have today announced it will cease production at the Norwich Park coal mine.

April 11, 2012

One of the 33 Chilean miners trapped in 2010 ventures underground for first time since rescue

More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first…

April 11, 2012

Gold could hike to $2,000 by year-end: Thomson Reuters

Gold prices could fall below $1,550, returning to record highs by the end of this year, Thomson Reuters GFMS, a top precious metals consultancy, said this morning.

April 11, 2012

Anglo American to pump $2 billion into Brazil iron project this year

Anglo American Plc (LON:AAL) will spend over US$ 2 billion this year at its Minas-Rio 5.8-billion ton iron ore project in Brazil, the world’s second-largest exporter of the steel-making ingredient.

April 11, 2012

Gold Resource significantly increased at Bravada’s Wind Mountain gold/silver deposit, PEA underway

A Technical Report will be filed with SEDAR within 45 days, as per NI-43-101 regulations.