March 14, 2012

Woulfe Mining sheds 8.5% despite positive gold mine PEA

Woulfe Mining was off 8.5% to trade at 32 cents on the Canadian venture exchange today despite delivering a preliminary economic assessment for its Muguk gold project in Korea.

March 14, 2012

China consolidates position as World No. 1 gold miner

China's annual gold production continues to grow comfortably maintaining its position as the world's biggest gold miner assuming official statistics tell the full picture - which they may not!

March 14, 2012

10.5 Km IOCG Target Defined at Death Adder – TRAFFORD RESOURCES LIMITED

Trafford Resources Ltd. announced geophysical results for WILCHERRY HILL, Australia.

March 14, 2012

Glenburgh Exploration Update – AURORA MINERALS LTD

Aurora Minerals Ltd. commenced geophysical survey program on GLENBURGH PROJECT, Australia.

March 14, 2012

Commencement of Pilot Plant – TNG LIMITED

TNG Ltd. announced metallurgical results for MOUNT PEAKE, Australia.

March 14, 2012

Compelling Drill Targets Outlined From Apex Geoche – DAMPIER GOLD LIMITED

Dampier Gold Ltd. announced geochemical results for Plutonic Dome Project, Australia.

March 14, 2012

Strong electromagnetic conductors identified at No – DRAKE RESOURCES LIMITED

Drake Resources Ltd. announced geochemical results for Nordgruva, Norway.

March 14, 2012

Down but not out, iron ore prices float to 5-week high

Hope for the beleaguered iron ore sector has come in the form of higher prices and signs that steel demand is picking up in China, Reuters reports.

March 14, 2012

Fortescue Metals to raise $US1bn for Pilbara iron ore expansion

Fortescue Metals Group today said it plans to raise $US1 billion ($947.7 million) with a high-yield bond offering to help fund the expansion of its iron ore operations in Western…

March 14, 2012

What are the world’s 10 richest diamond mines?

Which country is home to the richest diamond mines? If you said Canada, you'd be close, and if you said Botswana or South Africa, you'd be right on the money.…