September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 22, 2011

Rusoro gives update on new Venezuela gold law

Rusoro Mining Ltd. CA:RML 0.00% ("Rusoro" or "the Company") reports the following:On August 23, 2011, President of Venezuela Hugo Chavez Frias approved a decree with force of organic law ("the…

September 22, 2011

Xstrata Copper to invest $1.5bn in two Peru mines

Xstrata Copper will invest $1.47-billion in two copper mines in Peru, with the goal of increasing production in the country by 60% in 2012, according to a company presentation obtained…

September 22, 2011

Franco-Nevada to acquire Lumina Royalty Corp. for $66 million

TORONTO, ONTARIO--(Marketwire - Sept. 22, 2011) - Franco-Nevada Corporation (TSX:FNV)(NYSE:FNV) ("Franco-Nevada") and Lumina Royalty Corp. ("Lumina Royalty") have entered into an arrangement agreement whereby Franco-Nevada will acquire all of the…

September 21, 2011

U3O8 Corp. reports further positive metallurgical test results from the Laguna Salada project, Argentina

Rapid Extraction Using Alkaline Leaching Could Benefit the Economics of Project

September 21, 2011

Batista’s MPX targets China as ‘main market’ for Colombian coal

MPX Energia SA, the energy company controlled by Brazilian billionaire Eike Batista, said it’s targeting China as the “main market” for the coal it will produce in Colombia.

September 20, 2011

Silver Shield discovers additional high grade in New Shear Zone samples 1,799 g/t silver at the La Cumbre silver/gold property, Mexico

Silver Shield Resources (SSR-TSXV) is pleased to announce that it has sampled additional high grade silver near the previously announced north -easterly trending shear, which returned 1.79g/t Au, 4,031g/t Ag…

September 20, 2011

Venezuela bans gold exports; passes nationalization decree

Venezuelan President Hugo Chavez followed through on a promise he made last month to ban the export of bullion under a broad scheme to nationalize the country's gold industry, The…

September 20, 2011

Cream Minerals announces completion of 20,000 metre drill program, Nuevo Milenio silver-gold project, Nayarit State, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) ("Cream" or the "Company") is pleased to announce the successful completion of 20,200 metres of diamond drilling…

September 19, 2011

Grayd Resources acquired by Agnico-Eagle Mines for $275 million

Agnico Eagle Mines (TSE:AEM) announced on Monday that it had acquired Grayd Resources (CVE:GYD) for $275 million. Grayd is a junior exploration and development company with gold and silver projects…