November 29, 2011

New World Gold Corporation acquires additional mine in Peru

New World Gold Corporation (Pinksheets: NWGC.PK - News) is pleased to announce that is has acquired a second mine in Peru. The mine was ready to go on production but…

November 29, 2011

Thousands protest giant gold mine in Peru’s mountains

Fearing water contamination and pollution, over ten thousand people in Cajamarca, Peru are taking part in protests against mining plans by US-company Newmont Mining Corporation.

November 29, 2011

Michigan copper mine moving forward

A potential copper-nickel mine in Michigan's Upper Peninsula had a roadblock removed recently with a judge's decision to uphold the mine permits. Kennecott Eagle Minerals Company, a subsidiary of Rio…

November 29, 2011

Investorium.tv | Rare Earth and Specialty Metals Live Webcast from the Basement in Sydney December 12.

December 12, 2011 from 4:30PM will offer Investors an array of Key Investments in the Rare Earth and Specialty Metals sectors. REE is quickly gaining "strategic minerals" status on many…

November 29, 2011

Commodities finish higher; crude futures rise 1.6 pct while gold ends with second consecutive gain

Commodities closed higher as crude oil futures finished with gains, while gold was helped by a weaker dollar to end atop $1,700 an ounce.

November 29, 2011

BHP looking at breaking off diamond business

BHP Billiton said today it is reviewing its diamond business, which includes two large diamond mines in northern Canada, for a potential sale of all or parts of the business.…

November 29, 2011

Molycorp, Daido, Mitsubishi form next generation rare earth magnets JV

Molycorp, Daido Steel, and Mitsubishi have formed a joint venture to manufacture and sell next-generation neodymium-iron-boron (NdFeB) permanent rare earth magnets, producing greater performance with less reliance on dysprosium.

November 29, 2011

As Gitzel folds in Hathor battle, Cameco continues to ‘scour world’ for targets

TORONTO (miningweekly.com) – In backing down from a bidding war with Rio Tinto for Canadian uranium junior Hathor Exploration, Cameco CEO Tim Gitzel showed impressive restraint after he brazenly bid…

November 29, 2011

Pretium leaps on huge Brucejack gold-silver resource upgrade

Mineweb reported that Pretium Resources (TSX:PVG) increased its gold and silver resource at Brucejack.

November 29, 2011

Diamonds are forever secure

Geekosystems reports on a new use for diamonds, providing truly unknowable random numbers that could serve the basis for secure communication. Random numbers are at the heart of modern communication,…