February 29, 2012

Strait Gold options Caribe copper property in Peru

Strait Gold Corporation ("Strait Gold" or the "Company") (TSX VENTURE:SRD) is pleased to report that it has reached an agreement with Minera Senna EIRL ("Senna"), a private Peruvian company, giving…

February 29, 2012

Coro spreads out payments on Minera San Jorge mine; stock slips 4.25%

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2012) - Coro Mining Corp. ("Coro" or the "Company") (TSX VENTURE:COP) is pleased to announce that Franco-Nevada Corporation ("Franco Nevada") and the Company have…

February 29, 2012

BHP Billiton: Undervalued, undeterred and forging ahead

Much like Caterpillar's (CAT) management, who reinvest capital and concentrate on performing during bear markets, BHP's reinvestment of capital and restructuring of operations places it firmly in a position to…

February 29, 2012

Sanctions-hit Iran to accept payment in gold from trading partners

Iranian news agencies on February 29 quoted Central Bank Governor Mahmud Bahmani as saying that "each country can pay using its own currency" and that "if a country should so…

February 29, 2012

Alphamin Resources Corp.: Update on Bisie Tin Project, Democratic Republic of Congo (“DRC”)

Alphamin Resources Corp. (TSX VENTURE:AFM) announced that it has lifted the state of Force Majeure on its PR5266 which hosts the Bisie Tin Project in the North Kivu Province, east…

February 29, 2012

Veteran mine developer joins Western Potash

Western Potash has brought in one of the big guns in the mining industry to develop its Milestone potash project in Saskatchewan, Canada.

February 29, 2012

OFL accuses Vale of whitewashing investigation into double fatality, calls for criminal investigation

Ontario Federation of Labour President Sid Ryan accused multinational mining corporation, Vale, of whitewashing an internal investigation into a 2011 double fatality at its Stobie Mine in Sudbury. ULAANBAATAR, MONGOLIA--(Marketwire…

February 29, 2012

Over a hundred workers in limbo after Firestone Diamonds’ Botswana mine surprise closure

The future of about 160 workers at BK11 diamond mine in Botswana is in the balance after UK-based owner, Firestone Diamonds (LON:FDI), suspended operations yesterday.

February 29, 2012

Galahad Metals amends private placement

Galahad Metals Inc. ("the Company), (TSX VENTURE:GAX) announces that, subject to TSX Venture Exchange (the "Exchange") approval, the Company has increased the previously announced non-brokered financing from 5,000,000 units to…

February 29, 2012

Iron ore prices seen as falling in the short term

Moody's sees record results from iron ore miners in 2011 unlikely to be maintained as prices expected to weaken - except perhaps for the big three: Vale, Rio Tinto and…