September 16, 2011

7 killed in gold mine explosion in Colombia

At least seven miners were killed, and two others injured when an artisanal gold mine exploded on Wednesday in the town of Atrato-Yuto of the northeastern Colombian Department of Choco.

September 15, 2011

Soltoro intercepts 74.3 metres of 98 gpt silver including 10.8 metres of 308 gpt silver at Soledad on the El Rayo project

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2011) - Soltoro Ltd. (TSX VENTURE:SOL) has received results for an additional three diamond drill holes within the Soledad structure at the El Rayo primary…

September 15, 2011

Gold Fields to produce 1m oz gold in S. America

Gold Fields, the world's fourth-largest gold producer, aims to produce one-million ounces of the precious metal per year in South America by 2015, the company's regional chief said on Wednesday.

September 15, 2011

Peru asks Congress to raise mining taxes

Peru's leftist government presented a bill to Congress on Wednesday that aims to increase mining taxes to fund anti-poverty projects.

September 14, 2011

Century Mining Shareholders approve business combination with White Tiger Gold

Century Mining Corporation ("Century Mining" or the "Company") (TSX-V:CMM) is pleased to announce that it has received shareholder approval for the Company's proposed business combination (the "Business Combination") with White…

September 14, 2011

Barrick invests $550m to expand Peruvian mines

Barrick Gold (TSX:ABX) will spend half a billion dollars to expand two of its mines in Peru, Bloomberg reports. Toronto-based Barrick, the world's largest gold miner, says it will invest…

September 13, 2011

Vale’s borrowing costs hit record high as Brazil doubles mine royalties

The cost of borrowing for Brazil's Vale has risen to record highs relative to competitors BHP Billiton and Rio Tinto, as the Brazilian government looks to reap more in mining…

September 13, 2011

Vista Gold shares jump 19%, company declines comment

Vista Gold (AMEX:VGZ) had no comment on why its share price jumped on Monday. Shares were up from $3.70 on Friday to $4.41 by the end of Monday, a 19%…

September 13, 2011

Gold Resource Corporation extends Arista deposit high-grade mineralization outside previously drilled mineralized envelope intersecting 7.6 meters of 9.92 g/t gold and 129 g/t silver

COLORADO SPRINGS, CO--(Marketwire - Sep 13, 2011) - Gold Resource Corporation (NYSE Amex: GORO) extends high-grade Arista deposit mineralization outside of the deposit's previously drilled mineralized envelope including 7.6 meters…

September 13, 2011

Cornerstone Capital Resources Inc. :significant porphyry copper-gold mineralization discovered at Cascabel project in Ecuador

MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Sept. 13, 2011) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today the results of initial exploration work carried out on…