September 7, 2011

Norilsk considers $4.5 billion buyback after Rusal deal collapse

Dow Jones reports Norilsk Nickel's (PINK:NILSY) board will consider a buyback at $306 a share next Tuesday, a source close to the company's board said Wednesday. Norilsk may spend up…

September 7, 2011

Europe and China want to ape Australia carbon scheme

The Canberra Times reports Australia's proposed emissions trading scheme – which will evolve from the carbon tax being implemented next year – has won praise from Beijing, where it will…

September 7, 2011

Santa Fe Gold Corporation agrees to acquire Columbus Silver Corporation for $0.20 per share in cash

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - Columbus Silver Corporation (TSX VENTURE:CSC) ("Columbus Silver") has entered into a memorandum of understanding (the "MOU") under which the publicly-listed U.S. company…

September 7, 2011

Hot money sinks gold one day after all-time high

The price of December gold – the most actively traded contract – dropped by almost $80 to trade below $1,800 an ounce on Wednesday morning. By midday bullion had regained…

September 7, 2011

St-Georges Platinum and Base Metals Ltd.: New Mineralized Zone Expanding to the West at Villebon

St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(BERLIN:85G) is pleased to provide updates on the second phase of its drilling program carried out on the Villebon property located 45 km southeast…

September 7, 2011

Queensland puts $4.6 billion in mining infrastructure spending to the private sector

ABC News reports that Queensland is looking to the private sector to help it build a $2.6 billion dam and $2 billion off-shore cargo facility. Premer Anna Bligh said on…

September 7, 2011

Advanced Explorations Inc. progressing with feasibility study

TORONTO, ONTARIO--(Marketwire - Sept. 7, 2011) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce that work continues in support of the Roche Bay Feasibility…

September 7, 2011

Manson Creek Intersects 5.75 g/t Gold Over 1.0 Meter at Virgin Arm Gold Project

CALGARY, ALBERTA--(Marketwire - Sept. 7, 2011) - Manson Creek Resources Ltd. (TSX VENTURE:MCK) ('Manson Creek') is pleased to announce that it has drilled numerous multi-gram gold intervals at its Virgin…

September 7, 2011

Astral commences drilling on Los Crestones gold-silver project, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - Astral Mining Corporation (TSX VENTURE:AA)(TSX VENTURE:AA.WT)(PINK SHEETS:AAMJF)(FRANKFURT:A7DA) ("Astral" or "the Company") is very pleased to announce commencement of diamond drilling on its…

September 7, 2011

Stronghold announces a letter of intent to acquire Mowasi gold’s property adjacent to the company’s Eagle Mountain project in Guyana

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2011) - ("Stronghold" or the "Company") (TSX VENTURE:Z) The Company is pleased to announce that it has entered into a Letter of Intent with…