December 13, 2011

McGee: World’s highest tax proposal on U.S. mining has negative economic consequences

With Arizona’s unemployment rate topping the national rate at 9 percent, any plan to boost the economy and get Americans back to […]

December 13, 2011

Caledonia Mining in negotiations with Zimbabwe’s Government

Caledonia Mining Corporation announced today that is taking part in negotiations with the Government in Zimbabwe to try and agree an Indigenisation Plan at the country's Blanket Mine.

December 13, 2011

Buchans Minerals to create new base metal company

Atlantic Canada miner Buchans Minerals Corp (BMC.V) is selling stakes in three properties near Buchans, N.B., to SG Spirit Gold Inc. (SG.V) as part of its efforts to create a…

December 13, 2011

Endeavour Silver finds high-grade zones in Mexico

Vancouver-based miner Endeavour Silver has discovered two high-grade silver/gold zones at its Guanajuato mine in Mexico and anticipates a significant increase in reserves and resources at the mine at the…

December 13, 2011

Lucara receives record price for its Lesotho diamonds

A total of US$6.4 million obtained Lucara Diamond Corp. for the sale rough diamonds at its second tender of gems recovered from the Mothae mine in Lesotho. The company reported…

December 13, 2011

EPA Pollutes Fracking Argument with Flawed Science, Gas Industry Says

The U.S. Environmental Protection Agency recently announced that hydraulic fracturing - or fracking - may be the cause of groundwater pollution in a Wyoming community.

December 13, 2011

Rare Earth Metals Releases New Resource Estimate for Two Tom

Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINKSHEETS:RAREF)(OTCQX:RAREF) is pleased to announce the first NI 43-101 compliant independent resource estimate for the Two Tom REE…

December 13, 2011

Alrosa Aims for $5 Bln in Diamond Sales in 2012

Alrosa plans to sell $5.1 billion worth of diamonds in 2012, and increase production by 152,300 carats to 34.6 million carats, the company announced Tuesday after an executive committee meeting.

December 13, 2011

Chinese still buying gold big time -huge imports in October

Chinese citizens continue to buy gold in record volumes with October the fourth successive record month for imports via Hong Kong

December 13, 2011

Rio Tinto wins battle against Ivanhoe’s ‘poison pill’ rights plan

An arbitrator has ruled that a "poison pill" rights plan erected by Ivanhoe to try and stop a Rio Tinto takeover, does not apply to the latter, leaving Ivanhoe vulnerable…