February 15, 2012

Report says Mugabe’s police running diamond mines

A report published this week by Global Witness, an international human rights group, says that companies mining the controversial Marange diamond fields in Zimbabwe have senior personnel drawn from security…

February 15, 2012

Abcourt Mines soars 23% on high silver grades

Canadian junior explorer Abcourt Mines (TSX-V:ABI) has intercepted a high-grade silver zone at its Abcourt-Barvue orebody in Quebec.

February 15, 2012

Chile Drought Threatens Power at Mines as Reservoirs Dwindle

Chile’s two-year drought has reduced water levels at reservoirs that supply power dams to 40 percent of capacity, threatening electricity generation for the country’s copper mines.

February 15, 2012

India diamond industry under threat from Chinese dragon

Is the Rs 80,000 crore worth of diamond manufacturing industry in the world's biggest diamond cutting and polishing centre in Surat under threat from the Chinese dragon? With a huge…

February 15, 2012

Emgold doubles size of its Koegel Rawhide gold-silver property, Nevada

Emgold Mining Corporation (TSX VENTURE:EMR)(OTCBB:EGMCF)(FRANKFURT:EML) (the "Company" or "Emgold") is pleased to announce that it has staked 17 additional unpatented mining claims and doubled the size of its recently acquired…

February 15, 2012

Colombia to attract $2.1 billion in gold-related investments by 2015

Gold mining in Colombia is shining bright as major gold players are expected to invest U.S. $ 2,100 million by 2015, reports local newspaper La Republica.

February 15, 2012

Ritchie Bros. to sell three 18-foot high rock trucks in Fort Worth, TX in March

Three massive 2009 Komatsu rock trucks amongst more than 1,200 equipment items and trucks to be sold in two-day Texas auction (March 8 - 9, 2012)

February 15, 2012

Pacific Potash Discovers Potash in Alberta, Drills 10.01 Feet of 18.79% KCL at Provost

Pacific Potash Corporation (the "Company) (TSX VENTURE:PP)(OTCQX:PPOTF)(FRANKFURT:P9P) is pleased to provide results for the first wells drilled and cored within the company's 100 per cent owned Provost Potash Property, located…

February 15, 2012

AngloGold Ashanti profit increases to record $1.3bn; doubles dividend

AngloGold Ashanti posted record full-year adjusted headline earnings* of $1.3bn and boosted its dividend to further improve cash returns to shareholders.

February 15, 2012

International unionists to march in support of Rio Tinto locked-out Canadian workers

Unionists from around the world will gather in the Canadian city of Alma, Quebec, from March 30 to April 1, to express their support for locked-out Rio Tinto Alcan workers…