Amplats loses nearly 4 000 0z resumes production
JOHANNESBURG (miningweekly.com) – Anglo American Platinum (Amplats) said it had lost 3 886 oz of platinum production from its Siphumelele mine during the latest violent flare-up in the ...
View ArticleAlaska Exploration Production Efforts Have Only Scratched Surface
Alaska exploration and production efforts have only scratched the surface of the state's significant oil and gas resources, Alaska Department of Natural Resources (DNR) Commissioner Dan Sullivan ...
View ArticleAngloGold CEO Expects S Africa Mining Accord to Be Reached This Week
The chief executive of South African gold miner AngloGold Ashanti Ltd. (ANG.JO) said Wednesday that he expects an industry-wide accord with the country's government and labor unions to be struck ...
View ArticleIron ore price at 16-month high as stockpiles drop to 3-year lows
The benchmark CFR import price of 62% iron ore fines at China's Tianjin continued to climb on Wednesday, reaching $158.90, the highest since mid-October 2011. The steelmaking ingredient has ...
View ArticleZambia revokes license for Chinese-owned coal mine
Zambia void Wednesday the mining license for Collum, a controversial Chinese-owned coal mine in the south of the country, where workers rioted in November and killed one of the foreign managers. The ...
View ArticleNSGold reports Mooseland Gold results including 15.21 grams per tonne over...
Feb. 20, 2013 /CNW/ - NSGold Corporation (TSXV: NSX) is pleased to report assay results from fifteen diamond drill holes totalling 948 meters at its wholly-owned Mooseland Gold Project located ...
View ArticleForbes Earnings Preview Hecla Mining Company
when the company reports its results for the fourth quarter on Monday, February 25, 2013. Hecla Mining reported profit of 6 cents a year ago, but the consensus estimate calls for earnings per share ...
View ArticleUPDATE 8-Oil slumps with metals sell stops triggered
Wed Feb 20, 2013 2:12pm EST * Fund selling hits a number of commodities * Saudi Arabia to produce more crude in Q2-sources * US crude stocks seen up, refined products seen down-poll * Coming Up: API ...
View ArticleBHP drops 4 as Kloppers departs
BHP Billiton (ASX: BHP)(LON: BHP)(NYSE: BHP) slumped more than 4% in New York a day after announcing a drop in profits and the departure of CEO Marius Kloppers. South African-born Kloppers, trained ...
View ArticleDr. Bongs plan to save Earth from asteroid Armageddon
Asteroid Deflection Research Center at Iowa State University, is busy making plans to save the planet from potential asteroid threats. Apparently last ...
View ArticleAngloGold Ashantis rough year reflected in Q4 report
AngloGold CEO Mark Cutifani pointed to successes with assets outside of Africa and is moving the company towards "a leaner business," with an "absolute focus on costs andcapital ...
View ArticleGold price is in freefall after Fed QE changes
The gold price plunged more than $40 on Wednesday after US Federal Reserve minutes showed changes to its quantitative easing program are contemplated for ...
View ArticleInmet boosts copper reserves as First Quantum bid looms
continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper reserves. The Toronto-based company is staring down the ...
View ArticleGOLD-COPPER Good grades confirmed at Willa property
of Vancouver has updated the historical resources to 43-101-compliant for the optioned Willa gold-copper property in the Slocan Mining Division near Silverton. The new estimate was completed ...
View ArticleGOLD-COPPER Northern Freegold studies PEA with $615-M NPV and 23 IRR
is examining the preliminary economic assessment for the Nucleus and Revenue deposits at the Freegold Mountain gold-copper project 70 km northwest of Carmacks. The report, prepared ...
View ArticleCOMMENT AME BC lauds provincial budget
When BC Finance Minister Michael de Jong brought down the British Columbia budget on Feb. 19, there was a significant amount of good news. A balanced budget is hard to dislike. And some of the ...
View ArticleGolds Death Cross Hastens Mining ETFs Death Spirals
That being the ominous death cross, the technical scenario under which a security's 50-day moving average falls below its 200-day line. It happened with gold futures ...
View ArticleColt Resources awarded Portuguese mining and exploration licences
TORONTO (miningweekly.com) – Canadian mining exploration and development company Colt Resources on Wednesday received two mining licences and two exploration licences for its Portuguese ...
View ArticleGrains mostly higher in Chicago
Grains were mostly higher Wednesday on the Chicago Board of Trade, despite a 0.63 percent gain in the dollar index. Corn was up 2 1/2 to up 5 1/4. Soybeans were up 10 3/4 to up 14. Wheat was up 6 to ...
View ArticleNewmont Declares Quarterly Dividend of $0.425 per share
. "I am pleased to announce a 21 percent increase in our first quarter 2013 dividend compared to the same period last year. We will continue to leverage total cost control and technical ...
View Article