December 29, 2011

Professional Numismatists Guild members predict gold, silver up in 2012, but estimates vary

(Temecula, California) -- How will gold, silver and other precious metals perform in 2012?

December 29, 2011

Gold, commodities poised to rise

Michael Cuggino, manager of the Permanent Portfolio Fund, says commodities have been oversold.

December 29, 2011

Hambledon Mining down after fine for environmental damage

Shares in Kazakhstan-focused gold miner and developer Hambledon Mining (LON:HMB) fell after it was fined approximately £1.17m for causing environmental damage.

December 29, 2011

Tembo Gold Corp. Completes Closing of Brokered Private Placement and Further Increases the Size of Non-Brokered Placement

Tembo Gold Corp. ("Tembo" or the "Company") is pleased to announce that it completed the closing of the brokered component of its previously announced private placement by issuing 4,661,500 units…

December 29, 2011

Coal opponents ‘out of touch’: miners

Those who oppose the reopening of a coal mine west of Brisbane are flying in the face of reality, the peak body for the mining industry says.

December 29, 2011

Rye Patch Gold Receives $4.1 Million From Warrant Exercises

Rye Patch Gold Corp (TSX.V: RPM; OTCQX: RPMGF) (“Rye Patch” or the “Company”) is pleased to report that investors of the December 2009 private placement have fully exercised their share…

December 29, 2011

Gold drops below $1,550

Gold is ringing out the year on a sour note, dropping below $1,550/oz and losing nearly 10% of its value in the last month.

December 29, 2011

Russia coal mining ops to restart in key Siberia region

Russia's Emergencies Minister has granted permission for coal mining operations in the Kuznetsk Basin to restart after they were halted following a strong earthquake in southeastern Russia, a Ministry spokeswoman…

December 29, 2011

Wyoming take from coal lease sales tops $2 billion

Federal coal lease sales in Wyoming have netted the state a landmark total of $2 billion in the past two decades, according to the state's mining association.

December 29, 2011

Coal or koalas? Australia’s new dilemma

When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them…