‘Uncategorized’

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Shareholders sue Hecla Mining Co. after Lucky Friday Mine shut down

Some shareholders have sued Hecla Mining Co. Full story

Elgin Mining and Gold-Ore Resources Announce Merger Creating Growth Oriented International Gold Producer, Developer and Explorer

Full story

AngloGold keeps Mariana stake

AngloGold Ashanti (ANG), Africa's largest gold producer, now holds a 19.9% stake in exploration and development company Mariana Resources. Mariana Resources, which is listed on London's AIM and the Toronto Stock Exchange, said on Monday that it had issued... Full story

Weaker gold prices likely to continue into Q1 2012 – poll

According to a poll of 20 hedge fund managers, economists and traders, prices of the yellow metal are unlikely to retest their highs until later into 2012 at the earliest Full story

Gold, coal and platinum strikes loom across South Africa

* Strikes loom on S.Africa gold, coal and platinum mines * Gold strike threat comes with bullion at new highs * Oil, other sectors also face disruptions JOHANNESBURG, July 13 (Reuters) - Strikes are looming in South Africa's gold and platinum sectors Full story

Unisel ops remain shut after accident- Harmony

According to a spokesperson for the mine, the Unisel operation in South Africa's Free State province remains shut after a locomotive accident last Thursday killed an employee Harmony Gold (HARJ.J: Quote) said on Monday that operations remained shut at Full story

Fatality at Harmony’s Unisel mine

Johannesburg. Friday. Harmony Gold Mining Company Limited (Harmony) regrets to advise that an employee was fatally injured yesterday morning following a locomotive accident at its Unisel mine near Welkom in the Free State Province Full story

First Majestic Silver Corp.: another record quarter of silver production

Silver production increases by 16% to a quarterly record of 1,780,379 ounces Silver ounces amount to 97% of total equivalent silver production of 1,843,830 ounces Total processed ore in the quarter increased by 6% to a record 482,075 tonnes First Majestic Silver Corp. ("First Majestic" or the "Company") is pleased to announce that production in the second quarter of 2011 reached 1,843,830 equivalent ounces ... Full story

Silver Falcon Mining, Inc. (SFMI) updates building progress at its smelter complex

Silver Falcon Mining, Inc. brings its shareholders up to date on the company's work-in-progress at its mill/mine in Murphy, Idaho. Smelter and Refinery Update Silver Falcon Mining, Inc. Full story

Zambia scoffs at Zimbabwe and South Africa mine nationalization schemes

On Tuesday Zambia’s Finance Minister mocked Zimbabwe and South Africa for planning to forcibly raise government stakes in foreign mines, saying “the Zambian miner in 1970s was a happier miner than a miner during the period of state ownership of the mines.” Full story
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