June 24, 2011

Silver Pursuit Resources Ltd.: drilling commences at Luz Project, Mexico

Silver Pursuit Resources Ltd. says diamond drilling will commence imminently at its LUZ property, located 50 km north of Alamos in Sonora, Mexico.

June 24, 2011

Iberian Minerals announces closing of $76 million financing

Iberian Minerals Corp. today announced that it has closed its previously announced underwritten offering of 84,444,500 registered shares at a price of $0.90 per share for gross proceeds of $76,000,050.…

June 24, 2011

Golden Minerals to buy ECU in $309m reverse merger

Golden Minerals Co said it will buy Canada's ECU Silver Mining in a reverse merger for about C$302.5 million ($309.1 million) in stock and cash, to form a new silver…

June 24, 2011

Brine mining the Puna for potash and lithium

The Puna plateau sits at an elevation of 4,000m, stretches for 1800 km along the Central Andes and attains a width of 350–400 km. The Puna covers a portion of…

June 24, 2011

Dynacor Gold Mines has best month of production in company’s history

Dynacor Gold Mines Inc. (TSX:DNG) is pleased to provide a second quarter operations update. In the month of May, Dynacor produced from its custom milling plant a historic best of…

June 23, 2011

Yamana Gold provides 2011 exploration update

Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:YAU) today announced mid-year highlights from its 2011 exploration program at existing operations, development projects and a new discovery, Arco Sul in Brazil.The company’s exploration…

June 23, 2011

Vale scraps Fertilizer unit sale

Brazilian miner Vale (VALE5.SA:Quote) said on Wednesday it had scrapped plans to sell stock in its fertilizer division, and would take the unit private, buying shares in the company it…

June 22, 2011

Sulliden Announces Further Positive Drilling Results-Intersects 1.42 g/t Gold over 86 Metres and 1.75 g/t Gold over 58.5 Metres

Sulliden Gold Corporation Ltd. ("Sulliden", or the "Company") (TSX:SUE)(OTCQX:SDDDF) is pleased to announce continued positive exploration results for six new drill holes from the ongoing 70,000 metre drilling program being…

June 22, 2011

Colibri reports more drill results at Ramard; 311 grams per tonne silver, 2% lead, and 3.4% zinc between 37 and 38 meters depth, plus multiple intervals of silver-lead-zinc.

Colibri Resource Corporation reports final results from a 2400 meter drill program at the Ramard silver project, in Sonora, Mexico. The Ramard property consists of over 4000 hectares of mineral…

June 21, 2011

Iron ore miner battles with Brazil project amid takeover talk

Dow Jones reports a Khazakhstan mining and metals group says it's forging ahead with plans to build a $2 billion iron ore mine in northeast Brazil despite major logistical and…