November 9, 2011

RAINY RIVER PROJECT PEA COMPLETED – RAINY RIVER RESOURCES LTD.

Rainy River Resources Ltd. announced the receipt of a positive Preliminary Economic Assessment for its 100% owned Rainy River Gold Project in northwest Ontario, Canada.

November 9, 2011

AL HARIQAH DRILLING RESULTS – CANTEX MINE DEVELOPMENT CORP.

Cantex Mine Development announced drilling results from its Al Hariqah gold project located in Yemen.

November 9, 2011

AngloGold Ashanti Q3 profit at record $457m; raises dividend

AngloGold Ashanti posted record quarterly adjusted headline earnings* of $457m and boosted its dividend to improve cash returns to shareholders. Payouts to shareholders will now be made quarterly, instead of…

November 9, 2011

Gold goes viral in China as imports hit just under 2 tonnes per day

Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 56.9 tonnes in September, a sixfold increase…

November 9, 2011

Pan American Silver takes $12.5 million hit from Loonie depreciation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - (All amounts in US dollars unless otherwise stated and all production figures are approximate) - Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) ("Pan American"…

November 9, 2011

John Kaiser: rare earth companies poised for comeback

The companies in a race to produce critical heavy rare earth elements by 2016 are already way ahead of their smaller competitors.

November 9, 2011

First Quantum lowers 2011 production guidance

First Quantum Minerals on Tuesday said production of 265,000 tonnes of copper and 175,000 ounces of gold is forecast for 2011 reflecting lower production to date as well as lower…

November 9, 2011

New couples and consumers in smaller cities driving China diamond sales

China Daily reports the fifth-largest diamond producer in the world said on Tuesday that China's demand for the precious stones will steadily increase in spite of rising prices. Empresa Nacional…

November 9, 2011

Another coal miner killed in Kentucky

A foreman has been killed at an underground mine in eastern Kentucky, the third mine-related fatality in the state in 10 days. State officials said in a statement that due…

November 9, 2011

Iron ore transport deal between Grängesberg Iron and the Swedish Transport Administration

Mining company Grängesberg Iron AB and the Swedish Transport Administration have signed a co-operation agreement on investigations regarding future ore train traffic between the iron ore mine in Grängesberg and…