Sixty miners have been trapped overnight in an underground gold mine in southern Ecuador after an explosion there killed at least one person, officials said.

At least one man was killed and about 60 are supposed to be trapped after a gold mine explosion in southern Ecuador.

The last of 3,200 miners trapped deep in a South African mine shaft have come to the surface, capping a day-long rescue mission that began with fears of the worst and ended in wild celebrations.

An operation to rescue more than 3,000 trapped miners in South Africa is proceeding well and so far 1,650 miners have made it to the surface.

Thousands of miners were being painstakingly brought to the surface after spending hours trapped more than two kilometres underground at a gold mine in South Africa.

Mining Accident in South Africa Traps 3,000 In a Gold Mine; Rescue Operations Under Way.

Millhouse Capital, an investment vehicle for Russia's number one on the Forbes list, Roman Abramovich, has bought its first gold mine in the Chukotka Region, governed by the billionaire, a respected business daily said.

Just a year ago, Yale Resources Ltd. (TSX.V-YLL) decided to concentrate its efforts on developing properties in mineral rich Mexico. As its position in the mining-friendly country expands steadily, its investors are being urged to stay the course as its market value gathers momentum.

Millstream Mines Ltd. (TSX VENTURE:MLM)(FRANKFURT:NJD) is pleased to announce that it has entered into an agreement with its partner at the Tamarack Mine Property to buy out the remaining 49.5% interest.