Mali Seeks Bigger Share in Mines, Lower Taxes

Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday. View full post on IBTimes.com : Gold

KitcoNewsNow: Ivanhoe Mines Add Additional $1.8 Billion Bridge Financing To Oyu Tolgoi Mine http://t.co/rRymWAe4

KitcoNewsNow: Ivanhoe Mines Add Additional $1.8 Billion Bridge Financing To Oyu Tolgoi Mine http://t.co/rRymWAe4 View full post on Twitter / KitcoNewsNow

Power Problems in Mines Upset African Barrick Gold Full Year 2011 Yield Output, Down 2% Versus 2010

The continuous power disruptions brought by the unreliable power supply in Tanzania have seriously affected the gold production yield of African Barrick Gold (ABG), with fourth quarter 2011 figures sliding 11 per cent. This development caused the unit of the world's largest gold producer, Barrick Gold Corporation, to miss its full year 2011 production targets [...]

Option Agreement for the Golden Edge Property Signed and Strategic Alliance With Premier Gold Mines Formed

An agreement with Premier Gold Mines (TSX:PG) has been signed by Ashburton Ventures Inc. (TSXV:ABR,FWB:ARB) to option the Golden Edge property 50 kilometers east of Winnemucca, Nevada. Ashburton has also entered into an alliance with Premier Gold Mines, in which Ashburton will assess new gold exploration opportunities in North America exclusive of Premier’s Red Lake [...]

Aurizon Mines Projects Slightly Less Gold Production in 2012.

Ore grades will be approximately 6 percent lower in 2012 than in 2011 due to mine sequencing. View full post on IBTimes.com : Gold

Mines Management Expands into Peru

Mines Management (MGN) announced it has signed a letter of intent (LOI) with Estrella Gold Corp. for an option to acquire up to 75% of the La Estrella gold and silver project. View full post on IBTimes.com : Gold

SilverCrest Mines Issues Resource Estimate for La Joya Property

SilverCrest Mines Inc. said Friday the initial resources at its La Joya Property in Durango, Mexico, are estimated at 51.3 million ounces of silver and 333,400 ounces of gold. View full post on IBTimes.com : Gold

Two Deaths in 2 Separate South African Gold Mines

Two South African gold mining companies have reported workers deaths. View full post on IBTimes.com : Gold

Nordic Mines to Trade as Midcap; Laiva Hitting Full Output

Sweden-based Nordic Mines AB will begin trading on the Stockholm Stock Exchange Mid Cap list on Jan. 2, just days after its Laiva gold mine in Finland reaches full production. View full post on IBTimes.com : Gold

Nordic Mines to Reach Full Gold Production at Laiva Mine in Finland in 2011

Nordic Mines plans to reach full production at its Laiva mine in Finland before 2011 ends. Laiva has some of the largest gold reserves in the Nordics. Continue reading… View full post on Gold Investing News

Fortuna Silver Mines Added to S&P/TSX Composite

Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced that it has been added to the S&P/TSX Composite, effective at the market open on December 19, 2011. View full post on IBTimes.com : Gold

10 Biggest Silver Mines in the World [PHOTOS]

Here is a list of the 10 biggest silver-producing mines in the world, based on available 2010 data. View full post on IBTimes.com : Gold

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