July 18, 2012

Acquisition of securities of White Tiger Gold Ltd.

Finskiy now beneficially owns and/or exercises control or direction over 185,595,794 common shares of White Tiger Gold, representing approximately 48.45% of the issued and outstanding common shares (on an undiluted…

July 18, 2012

Avino Silver & Gold Mines Ltd: clarification and retraction of technical disclosures

The company's public disclosures on mineral resource estimates regarding the Avino property in Durango, Mexico, have been under review by the British Columbia Securities Commission.

July 18, 2012

Chile’s Codelco closer to start $12.8 million phase of El Teniente expansion

Chilean state giant Codelco, the world's largest copper producer, submitted Wednesday an environmental permit request to go ahead with its $12.8 million project to maximize the benefit from ore extracted…

July 18, 2012

Fresnillo gold output record high and miner confident of meeting targets

The world's largest primary silver producer and Mexico's second largest gold producer, Fresnillo PLC reached record gold production levels and says it remains confident that it will meet its gold…

July 18, 2012

First Majestic’s production in Mexico up 14% in Q2

Vancouver-based First Majestic Silver had a 14% increase in total production at its La Encantada, La Parrilla and San Martin silver mines in Mexico for the second quarter ending June…

July 18, 2012

Orex and Fresnillo award a 12,000 metre diamond drilling contract for the Coneto silver-gold project in Durango

Orex Minerals in conjunction with their project partner Fresnillo PLC, have selected Kluane Drilling as the service provider for a 12,000 meter drilling program on the Coneto Silver-Gold Project in…

July 18, 2012

Rusoro asks World Bank to arbitrate dispute with Venezuela

Russian-Canadian miner Rusoro Mining, is asking an arm of the World Bank to intercede in a legal dispute with Venezuela after the country nationalized its gold industry, and took over…

July 18, 2012

Kimber announces $5 million bridge loan credit facility

The company has entered into a bridge loan credit facility with Sprott Resource Lending Partnership "to advance the Monterde project in the prolific Sierra Madre gold-silver belt in Mexico."

July 17, 2012

AuRico dives 12% over Mexico production problems, announces new CEO

AuRico Gold Inc. (NYSE:AUQ) shed 12% on Tuesday on massive trading volumes, after its preliminary operational results for the second quarter provided a few nasty output surprises and its CEO…

July 17, 2012

AM Gold enters into $26 million option and joint venture agreement with Rokmaster Resources

The option and joint venture agreement grants Rokmaster the option to earn up to a 75% interest in 35 mineral claims located in the Caylloma and Lampa Provinces of Peru.