March 8, 2011

Yamana advances Agua Rica strategy through agreement with Xstrata and Goldcorp

Yamana Gold today announced an arrangement, subject to formal documentation, with Xstrata Queensland Limited and Goldcorp Inc. that would see the ultimate integration of Agua Rica into Minera Alumbrera. Agua…

March 8, 2011

Antofagasta to pay 100c per share special dividend

Antofagasta will pay a special dividend of 100 cents a share, the Chilean miner said on Tuesday as it posted a jump in full-year earnings on higher copper prices and…

March 7, 2011

Great Panther Silver increases mineral resources at Topia Mine, Mexico

Great Panther Silver Limited has updated its mineral resources at the company's 100%-owned Topia silver-gold-lead-Zinc mine in Durango, Mexico. The 2011 mineral resource estimate, by Vancouver-based Roscoe Postle Associates (RPA),…

March 6, 2011

Nonferrous minerals exploration rebounds 45% to second-highest total on record

Responding to rising metals prices and more stable markets, most mining companies increased exploration budgets in 2010. The result was a 45% increase in estimated worldwide nonferrous metals exploration spending…

March 6, 2011

Outotec to deliver a waste treatment plant for world’s No. 1 copper miner

Finnish headquartered metallurgical technology specialist Outotec has been awarded a contract to supply the copper effluent treatment at Codelco’s new MinaMinistro Hales […]

March 5, 2011

Chilean mine rescue capsule to be on display in Toronto at upcoming Prospectors and Developers Association of Canada (PDAC) convention

One of the three rescue capsules built to rescue 33 Chilean miners trapped underground last year will be on public display at the Prospectors and Developers Association of Canada’s International…

March 5, 2011

New Gold has record year

New Gold had their best year in 2010, with increased production and declining costs resulting in record earnings and cash flow, the B.C.-based company said on Friday. Consolidated revenue for…

March 4, 2011

Vaaldiam Agrees to Acquire 51% of Brauna Property

Vaaldiam must pay US$6.5 million to the existing joint venture partners. The property area is 5,000 hectares, located in Bahia State, Brazil, contains 22 known kimberlite occurrences, including the Brauna…

March 4, 2011

Insurgency groups scramble for Colombia’s riches: New York Times

New York Times reports that high commodity prices are escalating decades-old conflict in Colombia. Vestiges of former insurgency groups, like the Revolutionary […]

March 2, 2011

Fresnillo CEO says 2010 best year in company’s history

The combination of increased production, strong cost control and metal prices made 2010 the best year in Fresnillo’s history, says CEO Jamie […]