January 4, 2012

Paragon Diamonds buoyed by positive first results from Motete Dyke licence

Paragon Diamonds (LON:PRG) confidence has been boosted after it received positive results from a first sample sent from its newly awarded Motete Dyke licence in Lesotho, southern Africa.

January 4, 2012

Peru’s gold output tumbles 12.22%, silver down a tad in November

January 4, 2012

Deaths on Christmas Eve caused Arc Exploration Limited to have license exploration in Indonesia suspended

Arc Exploration Limited (ASX:ARX), an Australian gold mining exploration company with presence in Indonesia, has had its gold permit for the Bima gold prospect temporarily suspended due to the controversial…

January 4, 2012

Gold firm as euro declines, consumer demand improves

Better consumer demand provided some support to help steady the yellow metal on Wednesday as the euro dropped.

January 4, 2012

Gaydamak: Leviev Owes Me $2 Bln for Angolan Diamond Deals

Russian oligarch Arcadi Gaydamak has filed a complaint against Lev Leviev with the Israel Police, claiming that Leviev owes him $2 billion in unpaid diamond trading commissions.

January 4, 2012

Water management in mining operations

Water management is one of the most critical issues facing the industry. Each year International Mining reports on new developments and methods for mitigating problems. This year the article will…

January 4, 2012

El Gallo Drilling Results and Update – US GOLD CORP.

US Gold Corp. gave an update on its mine construction of EL GALLO, Mexico and announced new drilling results for EL GALLO, Mexico.

January 4, 2012

Polished Diamond Prices Post 17% Gain in 2011

Polished diamond prices rose by a solid 17 percent during 2011, according to the IDEX Online Polished Diamond Price Index. This index confirmed that polished diamond prices are now above…

January 4, 2012

The disaster at the Fukushima nuclear plant in Japan last year has re-shaped the debate in Europe on the future of atomic power.

Austria, which has long been anti-nuclear, has called for the continent to abandon nuclear power altogether, but its neighbour, the Czech Republic, is pushing ahead with plans to increase dramatically…

January 4, 2012

Exploration boosted by China’s $89m base metals deal

CHINESE trader Guangdong Guangxin Holdings has signed an $89 million deal to boost its interests in Australian base metals by buying a quarter of the Mineral Hill copper and goldmine…