June 29, 2012

Two South American Silver engineers kidnapped in Bolivia

Locals from the Bolivian Andean region have kidnapped two engineers of Canadian South American Silver and are demanding the immediate release of their leader.

June 29, 2012

Marifil resumes operatorship of San Roque

NovaGold Resources Inc. (NovaGold) has elected not to move forward under its option agreement to earn a 70% interest in the San Roque property.

June 28, 2012

Great Panther Silver reports annual and special meeting results

Shareholders have approved and ratified the adoption of a new Shareholder Rights Plan as part of its procedures for dealing with any parties who may seek to acquire control of…

June 28, 2012

Brazil grants Vale license to expand world’s largest iron ore venture

Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s…

June 28, 2012

Kinross completes sale of Crixás mine interest for $220 million

Kinross announced today that it has completed the sale of its 50% interest in the Brazilian Crixásgold mine to AngloGold for $220 million.

June 28, 2012

Rio Verde minerals announces closing of C$12.77 million non-brokered private placement

The private placement includes a strategic investment by AGN Agroindustrial, a private Brazilian holding group, which now holds 24,226,190 ordinary shares representing approximately 19.9% of Rio Verde's outstanding ordinary shares.

June 27, 2012

Potash supply to exceed demand by 2020: report

Worldwide reserves of potash could surpass demand by between 59% to100% by 2020, says the latest report published by Rabobank.

June 27, 2012

$8 billion resource reserve likely to lift Bolivia’s depressed economy

The total value of the copper, silver, indium and manganese reserves discovered by South Korean company Kores in Bolivia last year, may be worth more than $8 billion.

June 27, 2012

Tolima Gold Inc. provides production and capital investment update

The company, in regards to its Colombian mine, expects to meet production rates a year early and projects that it will require an aditional $400,000 in funding.

June 26, 2012

Goldcorp announces dismissal of Barrick’s claims against El Morro acquisition

Ontario Court Justice Herman Wilton-Siegel dismissed Barrick Gold's claims of unlawful and ineffective transactions by Goldcorp in the acquisition of the El Morro project in Chile.