September 6, 2012

Paramount raises San Miguel gold project resources estimate by 547%

The new estimate reports 639,000 ounces of gold in the indicated category and another 830,000 ounces of gold classified as inferred.

September 6, 2012

Minera IRL Ltd Discovers New Mineralized System at Don Nicolas Project, Argentina

Minera IRL Limited ( TSX:IRL) (AIM:MIRL) (BVL:MIRL), a Latin American-focused gold mining company, is pleased to announce the discovery of a significant […]

September 6, 2012

Inmet Mining to make $112 million bid for Petaquilla Minerals

The Toronto-based company said the bid of 48 cents per share in cash represents a 37% premium at the close of Petaquilla's trading on the Toronto Stock Exchange.

September 6, 2012

Anti-mining protests take a toll on Peru’s foreign investment

Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.

September 6, 2012

Brazil’s Vale to make billions off copper-devouring microbes

Vale has teamed up with the University of São Paulo to identify bacteria and fungi capable of eating copper in a move which could generate an additional $1.4 billion in…

September 5, 2012

Colombian guerrilla attacks BHP coal mine

An alleged unit from the Revolutionary Armed Forces of Colombia, or FARC, blew up Tuesday heavy equipment at the Colombian coal mine Cerrejon, in the northern province of La Guajira,…

September 5, 2012

Nationalization is no help ending a mine fight in Bolivia

Over $1 million has lost Bolivia so far due to the conflict over rights at the silver, tin and zinc mine that used to belong to commodity trader Glencore (LON:GLEN),…

September 5, 2012

Mariana Resources intersects more silver and gold veins at Las Calandrias Project, Argentina

Canadian explorer Mariana Resources (LON:MARL, TSX:MRY) said the latest set of drilling results from the Calandria Sur deposit in Argentina were “good” with 13 of 21 holes returning “significant intersections”…

September 5, 2012

Torex expands gold-copper-silver discovery south of the Balsas River

TORONTO, ONTARIO--(Marketwire - Sept. 4, 2012) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is pleased to report that drilling results continue to expand the gold-copper-silver mineralization at…

September 5, 2012

Agnico Eagle is spending $158 million on Mexican project

The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.