North America

Medusa Mining is on track to meet its target of 120,000 to 130,000 ounces of gold in the current financial year after a 19% increase in September quarter production to almost 35,000 ounces at its Philippines operation. All-in-sustaining costs in the quarter were US$953, down from US$1076 and in line…
Asian Mineral Resources (AMR) continued its strong operational performance at the Ban Phuc Nickel-Copper Project in Vietnam during the September quarter with above guidance production and strong mill recoveries. The operation in the country's north had milled production of 2629 tonnes of nickel, 1109 tonnes of copper and 75 tonnes…
32 miners are still trapped underground after a piece of equipment caught fire Sunday afternoon at Vale's nickel mine in Manitoba, Canada according to press reports.   39 workers sought shelter in safe rooms under ground as a result of the the blaze sparked by a load-haul-dump being operated remotely.…
The four-year-long bear market in metals stocks has resulted in an historic opportunity for investors, says Rick Mills, the owner and host of Ahead of the Herd.com. In this interview with The Gold Report, he explains that gold and other metals must rise as supply falls, so that when the…
Goldcorp will receive $20 million in cash from Premier Gold Mines in exchange for its 40% stake in the Nevada-based South Arturo Mine Project, an advanced exploration project.   Goldcorp will put some of the money towards a private placement with Premier, C$12.5 million. Goldcorp (NYSE:GG) will also receive a…
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