December 13, 2011

Endeavour Silver finds high-grade zones in Mexico

Vancouver-based miner Endeavour Silver has discovered two high-grade silver/gold zones at its Guanajuato mine in Mexico and anticipates a significant increase in reserves and resources at the mine at the…

December 12, 2011

More high-grade drill results expand key zones at Paramount Gold and Silver’s San Miguel project in Mexico

Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") today reported more exceptional high-grade intercepts from ongoing in-fill and exploration drilling at its 100%-owned San Miguel Project in northwestern Mexico.

December 12, 2011

New mining minister appointed in Peru amid deepening crisis

Jorge Humberto Merino, an engineer who worked for the Peruvian government agency that promotes foreign investment, swore in last night as the new mines and energy minister, amid a mining…

December 12, 2011

‘Mining for gold above the highest-known inhabited settlement in the world’

Jennifer Wells, writing for the Toronto Star, looks at the allure and the dangers that mining is bringing to the poor in Peru.

December 9, 2011

Luna Gold bags 3.2 million ounces gold resource, looks to expand production

Luna Gold is looking at expansion plans at its Aurizona mine in Brazil after it put together a resource estimate that increased gold resources by some 250%.

December 9, 2011

China bets on Bolivian lithium

Chinese state company CITIC Guoan Group Corp. will commence exploration of the Bolivian salt flats to determine and quantify reserves of lithium and potassium, under the an agreement signed by…

December 9, 2011

Strait Gold grants Teck option to earn up to 75% in Alicia

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Strait Gold Corporation (TSX VENTURE:SRD) ("Strait Gold" or the "Company") is pleased to announce that it has signed a binding agreement (the "Agreement")…

December 9, 2011

ABB secures Serra Azul GMD contract

ABB has recently been contracted to supply gearless mill drive (GMD) systems for two 38 ft SAG mills at the Serra Azul iron ore mine in Brazil. The Serra Azul…

December 9, 2011

Galore Increases Flow-Through Offering

Galore Resources Inc. (TSX VENTURE:GRI) announces that, it increased the size of the flow-through private placement initially announced in its news release dated November 4, 2011. A total of up…

December 8, 2011

Codelco to invest US$ 244 million in Quetena copper deposit

Codelco, the world's largest copper producer, will invest US$ 244 million to speed up the development of its Quetena copper deposit in northern Chile, an open pit operation that will…