Anglesey Mining announce that its Holyhead plant is to be sold
Politicians have expressed disappointment at the decision by Anglesey Aluminum to close its plant inHolyhead with the loss of 60 jobs. Anglesey Mining said its operation will close this spring ...
View ArticleKloppers to walk out of BHP with $75 million in his pocket
On May 10 Marius Kloppers will work his last day at the helm of BHP Billiton (ASX: BHP)(LON: BHP)(NYSE: BHP) making it one of the most commented moves in recent mining history. For some, such as BHP ...
View ArticleIsrael exploiting Syrian crisis in Golan oil exploration
Israel awarded its first licence to drill for oil in the occupied Golan Heights, which highlights its intention to retain control of the region it annexed from Syria in ...
View ArticleMarkWest planning drilling infrastructure projects in Utica shale territory
Energy & Minerals Group finalized a deal with MarkWest Energy Partners to boost its investment in the companies' Utica joint venture. The deal between MarkWest Energy Partners LP and Energy and ...
View ArticleZambia makes large-scale mining fees 15 times higher
The Zambian government announced Friday it is increasing the cost of its mining licences to equal neighbouring countries' rates and deter speculators from buying land in the country. ...
View ArticleGold likely to become a currency this year analyst
Liberty Trading Group president, James Cordier, sees gold prices rising on increasing inflation and currency wars. "We're basically looking at reallocation," he ...
View ArticleEldorado Gold full-year profit lower on increased costs lower production
TORONTO (miningweekly.com) – Mid-tier miner Eldorado Gold on Friday reported full-year profit of $305.3-million or 44c a share, which was nearly 5% lower when compared with $318.7-million or ...
View ArticleMonument agrees to reduce financing under pressure from shareholder
TORONTO (miningweekly.com) – Malaysia-focused gold miner Monument Mining has agreed to reduce the size of an $80-million financing to no more than a further $26-million, following the closure ...
View ArticleBarrick to start mediation effort at Peru mine
LIMA | Fri Feb 22, 2013 10:09am EST LIMA Feb 22 (Reuters) - Barrick Gold Corp said it would participate in a mediation effort on Friday at its Lagunas Norte mine in Peru to try to end ...
View ArticleRussia to expand explorers rights to oil metals finds
By Vladimir Soldatkin MOSCOW | Fri Feb 22, 2013 1:20pm EST MOSCOW Feb 22 (Reuters) - Russia, seeking to boost remote oil and metal rich territories, is looking at new laws to loosen state ...
View ArticleMinnesota Senate Bill will call for study of silica-sand mining
A state senator from Red Wing is calling for an in-depth study of the impact of silica-sand mining in Minnesota and proposing to allow local jurisdictions to extend moratoria on new operations until ...
View ArticleCanada’s Eldorado yearly profit lower on higher costs
reported Friday a boost in fourth-quarter profit as increased revenue from gold sales and lower income tax expenses were offset by higher operating costs at mines in China. The Vancouver-based miner ...
View ArticleDelaware Court of Chancery Rejects Emilio Alvarezs Attempt to Force Pan...
Feb. 22, 2013 /CNW/ - Pan American Goldfields Ltd. (OTCQB: "MXOM") (the "Company") announces that the Delaware Court of Chancery today rejected an attempt ...
View ArticleTumi Resources Limited - Tumi Resources announces approval of the...
Feb. 22, 2013 /CNW/ - Tumi Resources Limited (the "Company") (TSXV: TM) (OTCPK: TUMIF) (Frankfurt: TUY). The Company announces that at a Special Meeting of Shareholders held ...
View ArticleCopper Fox announces a $2500000 Private Placement Unit Offering insider...
Feb. 22, 2013 /CNW/ - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) is pleased to announce that subject to the approval of the TSX-Venture Exchange, the ...
View ArticleGold price Forget the death cross here are 13 real reasons to be nervous
After an unnerving $45 fall on Wednesday, gold is trying to build support around $1,570 an ounce. At these levels gold is down more than $330 from the all-time high above $1,900 an ounce set in ...
View ArticleAldridge Minerals Closes Previously Announced Non-Brokered Financing
Feb. 22, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) ("Aldridge" or the "Company") is pleased to announce that it has closed the non-brokered portion of its ...
View ArticleSearch Minerals property and exploration update for critical REE properties...
Feb. 22, 2013 /CNW/ - Search Minerals Inc. ("Search" or the "Company") (TSXV: SMY) and its wholly-owned subsidiary, Alterra Resources Inc. ("Alterra"), are pleased to ...
View ArticleSalmon River Provides Corporate Update
Feb. 22, 2013 /CNW/ - Salmon River Resources Ltd. (TSX.V: SAL) (together with its subsidiaries individually and jointly referred to as "Salmon River" or the "Company") wishes to ...
View ArticleMETALS OUTLOOK Gold Market To Eye Italian Elections Bernanke Data Sequestration
There certainly won't be any dearth of events for the gold market to focus on next week. "This weekend, we have Italian elections, which could influence the currency market and have some ...
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