October 26, 2011

IAMGOLD acquires 10.2 percent stake in Bellhaven Copper and Gold

Bellhaven Copper & Gold (CVE:BHV), a Canadian exploration company operating in Panama and Colombia, received a 10.2% equity interest investment by IAMGOLD Corporation which will subscribe for eleven million units…

October 26, 2011

Proinversion putting major northern Peru mining project out to tender

Starting in the second quarter of 2012, the Peruvian Government will put out to tender the Arena Seca project in Tambogrande (Piura); the Huayday Ambara prospect (La Libertad); the remaining…

October 25, 2011

SONARtrac® Flow Monitoring Technology Selected by Largest Coal Producer in Mexico

CiDRA Minerals Processing announced today that Altos Hornos de Mexico, S.A. de C.V. (AHMSA) has chosen CiDRA's SONARtrac® flow monitoring systems as their preferred technology for use in two coal…

October 25, 2011

MineARC offers new refuge chambers and dramatically extends African and South American coverage

MineARC recently released two new refuge models aimed at the coal mining industry in Australia/NZ, the new CoalSAFE refuge chamber and the Change-Over-Station (COS). The MineARC COS is designed to…

October 24, 2011

Au no! Viper’s verification sampling finds no gold, angry investors bite back

In an object lesson on the fickle nature of junior explorer investment, dismayed investors took a huge chunk out of Viper Gold's stock on the Toronto Venture Exchange after trade…

October 24, 2011

Cascadero Copper Corporation Options Powerline Gold Prospect Sudbury, Ontario

Cascadero Copper Corporation (TSX VENTURE:CCD) has entered into an Option Agreement that enables it to earn a 100% interest in the Powerline gold prospect (the "Property") in Street and Scadding…

October 24, 2011

Dynacor plans 2nd Peru gold-ore processing plant

The company will start building its second gold-ore processing mill in Peru next year and expects the facility to produce about 60,000 gold ounces a year. (Reuters) - Canada's Dynacor…

October 21, 2011

Harmony Terminates Option to Acquire Purisima Project

Harmony Gold Corp. (TSX VENTURE:H) (the "Company") announces that it has terminated the option agreement (the "Agreement") with ECI Exploration and Mining Inc. ("ECI") pursuant to which it had been…

October 21, 2011

Rio Alto Closes US$25 Million Financing for Mine Expansion

Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DBFrankfurt:MS2) is pleased to announce that it has completed definitive documentation for a US$25 million increase in its existing gold…

October 21, 2011

Amerigo posts lower Q3 copper/molybdenum output

Amerigo Resources, which produces copper and molybdenum from tailings from Codelco's giant El Teniente mine in Chile, saw sharp 3Q falls in production of both metals, but says will be…