February 23, 2012

Rare Earth element found far, far away; tellurium detected for the first time in ancient stars

Nearly 13.7 billion years ago, the universe was made of only hydrogen, helium and traces of lithium — byproducts of the Big Bang. Some 300 million years later, the very…

February 23, 2012

Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy…

February 23, 2012

Archean Star Encounters 28 Meters of Mineralization in Hole TB008 at Gnaweeda

Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company" or "Archean") announces multiple gold intersections contained within a 41 meter interval in diamond drill hole TB006 that has recently been completed…

February 23, 2012

Gold hits best levels in 3-months and silver through $35

Precious metals prices rose further Thursday morning in London, pushing higher from last night's sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November at…

February 23, 2012

Mega Uranium completes acquisition of Canadian exploration assets

TORONTO, Ontario (February 23, 2012) – Mega Uranium Ltd. (TSX: MGA) (“Mega”) is pleased to announce that its previously announced acquisition of […]

February 23, 2012

Oremex Silver enters into disposition agreement for Cerro del Oro Gold Project

Oremex Silver Inc. ("Oremex Silver" or the "Company") (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) reports that its wholly-owned Mexican subsidiary, Minera Mantos S. de R.L. de C.V.("Minera Mantos"), entered into an agreement with Oremex…

February 23, 2012

EU hesitates to qualify Canada’s oil sands as more polluting than crude

In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as…

February 23, 2012

Thousands strike again at Freeport’s mine in Indonesia

Thousands of workers at Freeport-McMoRan Copper & Gold Inc's (NYSE:FCX) Indonesia unit stopped working on Thursday following an unsettled ongoing dispute with the organization, reports Reuters.

February 23, 2012

Golden Predator intersects 68 m of 5.96 g/t Gold at Carlos Zone, Grew Creek Project, Yukon

Golden Predator Corp. (TSX: GPD) (the "Company") is pleased to announce results from the final 47 RC holes from its 2011 drill program at its Grew Creek Project, Yukon.

February 23, 2012

Controversial hike in fees could affect bids to take over London Metal Exchange

The LME Board is considering adjustments to its proposed new fee structure which has met with opposition from member companies, but will also affect earnings projections by prospective bidders for…