September 19, 2011

Shelron Group signs MOU for African gold project

A Memorandum of understanding was signed between Shelron Group and a Tanzanian company that owns a gold prospecting license in the Republic of Tanzania.

September 19, 2011

Firestone Diamonds’ Kenny remains confident despite disappointing diamond sales

The diamond market has been dealt a blow by the recent economic turmoil. However now’s not the time to hit the panic button, according to Firestone Diamonds ( LON:FDI )…

September 19, 2011

Oil money funnelled to climate denier group

federal and Alberta governments to lobby against climate change action that would single out emissions from the Alberta oilsands. "We know that the oil industry has been the major funder…

September 19, 2011

BHP facing more work stoppages at Queensland coal mines

Reuters reports BHP Billiton will face work stoppages at all its Queensland, Australia coal mine operations next week ahead of an employee vote on a contract, a workers union said…

September 19, 2011

Mining stocks fail to keep pace with skyrocketing silver prices

With the price of silver near 30-year highs, analysts and investors are beginning to question the underperformance of silver mining and streaming stocks.

September 19, 2011

Stillwater offers $300 million in senior notes to fund Peregrine acquisition

Stillwater Mining Company (TSX:SWC.U) is offering $300 million in senior notes to help fund its acquisition of Peregrine Metals Ltd., the company announced today. Stillwater, the only platinum and palladium…

September 19, 2011

Perfect storm creates tidal wave of gold demand

A few weeks ago we held our Case for Investing in Gold webcast with the World Gold Council’s (WGC) Jason Toussaint, who gave some remarkable insight into gold demand in…

September 19, 2011

Ritchie Bros. sets multiple records at unreserved equipment auctions in Austrailia

Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer (www.rbauction.com), attracted more than 2,600 on-site and online bidders to back-to-back unreserved public auctions in Brisbane and Geelong,…

September 19, 2011

Grayd Resources acquired by Agnico-Eagle Mines for $275 million

Agnico Eagle Mines (TSE:AEM) announced on Monday that it had acquired Grayd Resources (CVE:GYD) for $275 million. Grayd is a junior exploration and development company with gold and silver projects…

September 19, 2011

Acadian Mining shares up 32% on strong drill results

Acadian Mining (TSX:ADA) shares were up 32% in mid-day trading on Monday after the company announced strong drill results from its Fifteen Mile Stream gold project in Nova Scotia, Canada.