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Yamana Gold reports record yearly production lowers 2013 guidance

TORONTO (miningweekly.com) – Mid-tier gold producer Yamana Gold has reported record production of 1.2-million gold-equivalent ounces (GEO) for 2012, an increase of 9% year-on-year as a number ...

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Supporters of uranium mining push cause at Capitol

"Nobody is interested in sacrificing the environment or public health for this," Watkins said. Others appearing at the news conference included Sen. Richard L. Saslaw, D-Fairfax, the ...

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GTA Resources Signs Option Agreement with Metals Creek for Squid East Property

GTA Resources and Mining Inc. (GTA.V) has signed an option agreement with Metals Creek Resources Corp. (MEK.V) in which GTA can earn a 51% to 70% interest in MEK's Squid East property in the ...

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Main Street Capital invests $40M in drilling services firm

Main Street Capital Corp. (NYSE: MAIN) said Thursday it has partnered with other investors to acquire Quality Lease and Rental Holdings LLC and its subsidiaries, while also selling off part of its ...

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Karnalyte Resources inks Indian investment and off-take agreement

TORONTO (miningweekly.com) – Canadian potash project developer Karnalyte Resources has inked a $45-million investment and a 20-year off-take agreement with an Indian fertilizer firm, placing it ...

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Sanatana Provides Exploration Update on Its Watershed Property

During the second half of 2012, the Company''s exploration program focused on fulfilling the terms of the option and joint venture agreement and testing potential distal extensions of ...

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P.M. Kitco Metals Roundup Gold Sharply Higher as Bargain Buyers Step in When...

Comex gold futures prices ended the U.S. day session solidly higher Thursday. The precious metals saw strong support come from the key outside markets that were in a bullish posture Thursday--a ...

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Capstone Mining 2012 full-year production on target

TORONTO (miningweekly.com) – Toronto-listed Capstone Mining reported 2012 full-year production from its two operating mines was on the mark with combined production totalling 82.8-million ...

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Tight lead supplies to cause scramble as customers restock - traders

LONDON – The tight supply of scrap lead in Europe is prompting a rush for supplies as businesses restock for the new year, with premiums already at record levels for high-grade metal and likely ...

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Brazil to go ahead with oil rights auction in May

said on Thursday, the first such sale in five years. Another auction of oil rights in the vast sub-salt region off Brazil's south-eastern coast will take place in November, the first under a ...

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Downgrades for HudBay Minerals Microsoft

to "equal weight" from "overweight," citing a disappointing Windows 8 launch and ongoing weak demand for personal computers.While Microsoft "is far too cheap, has multiple ...

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Tasman Files Financial Results for the Three Months Ended November 30 2012

Tasman Metals Ltd is a Canadian mineral exploration and development company focused on Rare Earth Elements (REE's) in the European region and is listed on the TSX Venture Exchange under the ...

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Rockwell announces results for third quarter fiscal 2013

Jan. 10, 2013 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three and nine months ...

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Thursday Sector Leaders Precious Metals Grocery Drug Stores

In trading on Thursday, precious metals shares were relative leaders, up on the day by about 1.7%. Leading the group were shares of North American Palladium Limited (PAL), up about 6.3% and shares of ...

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News Summary China powers prices for metals oil

CHINA MUSCLE: China's exports and imports are growing. That sent prices higher for oil as well as for industrial metals like copper, palladium and platinum.BRIGHT AND SHINY: The price of gold ...

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St Andrew Goldfields finishes 2012 with strong Q4

TORONTO (miningweekly.com) – Timmins gold camp-focused St Andrew Goldfields (SAS) reported a strong performance during the fourth quarter of 2012, enabling it to achieve the mid-range level of ...

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Mosaic earnings down on lower prices market improvement expected

TORONTO (miningweekly.com) – The world’s largest phosphate fertiliser producer Mosaic has reported a 16% decline in net sales during its second fiscal quarter 2013, driven by lower ...

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China trade report sends metals oil higher

Contracts for gold and copper rose 1 percent or more. Contracts for silver, palladium and platinum rose 2 percent or more. Energy commodities also closed higher, with oil and wholesale gasoline ...

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Rara Terra Minerals Provides Corporate Update

Jan. 10, 2013 /CNW/ - Rara Terra Minerals Corp. ("Rara Terra" or the "Company"), is pleased to announce that it has drilled, logged and cased the Lynd 36-1 well announced ...

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Alpha Minerals Clarifies Disclosure

Jan. 10, 2013 /CNW/ - Alpha Minerals Inc. (formerly ESO Uranium Corp. and previously Essendon Solutions Inc.) (TSXV: AMW), (the "Company" or "Alpha"), reports that as a result of ...

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