August 8, 2012

Tara Minerals begins diamond drilling program to support iron ore production plan

Aerial topography and a diamond drilling work program are planned for the Champinon Iron Project. The work will enhance the mining and processing development plan and help to insure consistent…

August 8, 2012

Gold Horizons Mining Co. Ltd announces their first revenues with their Angostura joint venture project

Currently processing 400 tons of mineral each month with estimated recovery of 90 ounces of gold, Horizons intends to increase monthly production to 200 ounces of gold per month.

August 7, 2012

Santiago and mining consulting in Chile

This is part of the life of a mining consultant: lots of glamour at the expense of extreme patience in line to see surly passport inspectors and those who believe…

August 7, 2012

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new…

August 7, 2012

Barrick pursuing acquisitions despite operations and projects review

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

August 7, 2012

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

August 7, 2012

AngloGold Ashanti’s Latin America profit plunges 52%

AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.

August 7, 2012

Baja Mining signs second standstill agreement with lenders

Among other requirements to keep the standstill from terminating, the Korean Consortium must acquire an additional 21% interest in MMB (for a total 51% interest) and control of MMB's board…

August 7, 2012

Comstock Metals to acquire controlling interest in the Walhalla property, White Gold district, Yukon and adds Rob McLeod to the advisory Board

The company is set to acquire controlling interest in the Walhalla property, White Gold district, Yukon and has added Rob McLeod to the advisory Board

August 4, 2012

Six Mexican miners dead after 100 tonnes of coal collapse

Six coal miner died after 100 tonnes of coal collapsed at a mine in northern Mexico, located in the State of Coahuila.