TSX drops on profit-taking, resources
| TORONTO (Reuters) - Toronto's main stock market index retreated on Tuesday as weak commodity prices and profit-taking knocked it off the record high it hit on Monday. | The Toronto Stock Exchange's ... Canada Dot Com

Precious Metal Capital Corp. - Action against International Consolidated Minerals Inc. (AIM: ICMI) claiming constructive trust over the Pachapqui Mine
TORONTO, May 13 /PRNewswire/ - Precious Metal Capital Corp. ("PMCC") announces that its legal action against International Consolidated Minerals Inc. (formerly Platinum Diversified Mining Inc.) (AIM: ... PR Newswire

R E P E A T -- SOMA Petroleum Ltd and Actel/Aikete Limited
TORONTO, May 12 /PRNewswire-FirstCall/ - SOMA Petroleum Ltd (Trading as SA1.F, SA1.DE & SA1.BE) executives are pleased to announce the completion of a joint venture agreement between Actel/Aikete Limi... PR Newswire

Weather and power problems knock mine output
| Johannesburg - South Africa's total mining production for the first quarter of 2008, after seasonal adjustment, decreased by 8.3 percent compared with the previous quarter, Statistics SA said on Tue... Business Report

Miners lead downward slide on JSE
| By Tiisetso Motsoeneng | Johannesburg - Stocks opened weaker on Tuesday, led south by miners and currency-hedged stocks on lower metal prices and a strengthening rand. | At 9.21am, the JSE's broader... Business Report

Gold retreats on dollar, platinum down 2 pct
| LONDON - Gold slipped on Tuesday and was likely to trade in a range as the dollar firmed against other currencies, robbing the metal some of its appeal as an alternative investment. | In other preci... Khaleej Times

R E P E A T -- SOMA Petroleum Ltd and Actel/Aikete Limited
TORONTO, May 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- | SOMA Petroleum Ltd (Trading as SA1.F, SA1.DE & SA1.BE) executives are pleased to announce the completion of a joint venture ag... Stockhouse

Mining production down
South Africa's total mining production for the first quarter of 2008, after seasonal adjustment, decreased by 8,3% compared with the previous quarter, Statistics South Africa (Stats SA) said on Tuesda... Mail Guardian South Africa

Slowdown in SA mergers and acquisitions 
THE value of mergers and acquisitions in SA fell 31% to $5,9bn last year from $8,6bn in 2006. But 2006's figure was inflated by a single deal - the $4,8bn unbundling of Kumba Iron Ore. | In Ernst & Yo... Business Day

JSE weaker on metal prices 
STOCKS opened weaker on today, led south by miners and currency-hedged stocks on lower metal prices and a strengthening rand. | The JSE's broader all share index was down 0,44%. Resources fell 0,93%, ... Business Day

Mining sector could see deals worth over $250bn this year
| The mining industry could top last year's record number of mergers and acquisitions with more than $250bn worth of takeovers this year as demand from an industrialising Asia inspires an unprecedente... The Independent

North American Palladium Announces First Quarter 2008 Financial
| NORTH AMERICAN PALLADIUM LTD (PAL) Stock Quote, Chart, News, Add to Watchlist | All Market Wire news | North American Palladium Ltd. (TSX: PDL)(TSX: PDL.WT)(AMEX: PAL)(AMEX: PAL.WS) - | This news re... Stockhouse

Franco-Nevada Reports its First Full Quarter Results and Declares First Dividend
| /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ > TORONTO, May 12 /CNW/ - Franco-Nevada Corporation (TSX:FNV) today reported its financial results for its fir... Canada Newswire

North American Palladium Announces First Quarter 2008 Financial Results; Net Income $12.6 Million
TORONTO, ONTARIO, May 12, 2008 (MARKET WIRE via COMTEX News Network) -- | North American Palladium Ltd. (TSX: PDL)(TSX: PDL.WT)(AMEX: PAL)(AMEX: PAL.WS) - | This news release contains forward-looking ... Stockhouse

Mantis extends warrants
| TORONTO, May 12 /CNW/ - Mantis Mineral Corp. ("Mantis" - CNQ "MINE") is pleased to announce that it has extended the term on 63,600 warrants and 34,800 warrants due to expire on May 16, 2008 and May... Canada Newswire

Marifil Mines Ltd.: Marifil Mines' JV Partner Discovers High Grade Nickel-Copper Gossan with 6.71% Copper ...
| Spokane, WA US -- Marifil Mines Ltd. (MFM - TSX Venture, MFMLF - OTCBB-Pink-Sheets), is pleased to announce its JV partner, Castillian Resources Corporation (TSXV: CT), has received assays from a sa... Stockhouse

Marathon Discovers Parallel Mineralized Zone at Bird River and Hits 8m grading 0.78% Ni, 0.26% ...
TORONTO, May 12, 2008 (Canada NewsWire via COMTEX News Network) -- | Marathon PGM Corporation ("Marathon") (TSX:MAR) is pleased to report Marathon's drilling has discovered a parallel zone of Nickel-C... Stockhouse

What to do with R34bn?
| Phokeng - Africa's richest tribe has money problems. It has so much money it doesn't know what to do. | "We've got a capital allocation problem," says , the man in charge of managing around R34bn in... News24

Platinum ends sharply higher on ETN launch 
NEW YORK/LONDON - Platinum ended sharply higher on Friday as the launch of US platinum exchange-traded notes boosted sentiment, while gold also finished up on record crude oil prices. | Investment ban... Business Day

JSE little changed on lack of news
South African stocks pulled back from modest gains achieved in early deals to trade flat at noon on Monday, as traders struggled to find a clear-cut path. | At midday, the JSE's broader all-share inde... Mail Guardian South Africa