Conviction sell Rio downgrade gives entire iron ore sector a bloody nose
Investment bank Goldman Sachs on Tuesday downgraded Rio Tinto (NYSE: RIO) from 'neutral' to 'conviction sell' citing the world's number two miner's over-reliance on iron ore for its earnings. The bank...
View ArticleSilver Wheaton reports over 1 billion ounces of attributable silver...
VANCOUVER, March 19, 2013 /CNW/ - Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW) (NYSE:SLW) is pleased to announce that attributable proven and probable reserves increased by over...
View ArticleFranco-Nevada Reports Strong 2012 Financial Results and Hosts Investor Day
March 19, 2013 /CNW/ - Franco-Nevada Corporation (TSX: FNV) (NYSE: FNV) today reported its financial results for the three and twelve months ...
View ArticleCountry diary Gulworthy Tamar valley A centre of 19th-century copper-mining
Across the medieval New Bridge from sunny Gunnislake, dark plantations on the Devon side show few signs of spring. The sugary smell of resin wafts among conifers where shafts of morning sun enhance the...
View ArticleCopper Mountain Q4 earnings up mulls installing secondary crusher
TORONTO (miningweekly.com) – British Columbia-focused Copper Mountain Mining this week said it had engaged an engineering firm to review the option of adding a secondary crusher to its eponymous...
View ArticleCuriosity rover sees more evidence of water on Mars
NASA's Mars rover Curiosity has found evidence of water-bearing minerals in rocks near where it had already found clay minerals inside a drilled rock. Last week, the rover's science team announced that...
View ArticleMajor oil find made in Gulf of Mexico
Venari Resources LLC said Tuesday it had made a major oil discovery at its Shenandoah prospect in the Gulf of Mexico. The deepwater oil exploration and production company said its Shenandoah-2 well was...
View ArticleFilmmaker James Cameron Reflects on Exploration
The Explorers Club , an organization headquartered in New York City and dedicated to preserving humanity's instinct to explore, awarded filmmaker and National Geographic ...
View ArticleHow earthquakes create gold deposits instantaneously
section revealed that gold deposits can form almost instantaneously during earthquakes in a process called "flash vaporization." Quartz 'veins' formed by large scale movements of the earths crust...
View ArticleLegislative notebook College IDs mountain top mining frozen embryos
Reps. Jeremy Durham, R-Franklin, right, and Joe Car, R-Murfreesboro, participate in a House Local Government Committee meeting in Nashville, Tenn., on Tuesday, March 19, 2013. Durham sponsored an...
View ArticleSilver Wheaton reports more than 1.1bn silver-equivalent oz reserves
TORONTO (miningweekly.com) – The world’s largest precious metals streaming firm on Tuesday said it had pushed up its attributable proven and probable reserves by more than 38% in 2012, to a record...
View ArticleCanada supports development of first ever on-reserve potash mine
TORONTO (miningweekly.com) – The Canadian federal government and the Muskowekwan First Nation on Tuesday announced the Muskowekwan First Nation potash project has been accepted by the federal...
View ArticleAlamos says not to extend Aurizon tender offer
Alamos Gold said it would not extend its offer for Aurizon shareholders to tender their shares after it failed to overturn a break-up fee payable to rival bidder Hecla Mining. Alamos said it would not...
View ArticleOAS Receives Vehicles Donated by Japan to Support Humanitarian De-Mining...
March 19, 2013 The Organization of American States (OAS) today received from the Japanese government a donation of two vehicles to support the humanitarian de-mining program of the hemispheric...
View ArticleGrowth to improve but mining peak looms
Australia's economy has improved since the commodity price falls last year and is expected to improve further. The Westpac-Melbourne Institute Leading Index shows economic growth has bounced back,...
View ArticleNSW mining proposal had probity issues
A SENIOR NSW bureaucrat believed he had scuppered a contentious mining proposal by writing to ex-mines minister Ian Macdonald questioning its integrity, a corruption inquiry has heard. The Independent...
View ArticlePRECIOUS-Gold holds near 3-week high on Cyprus crisis
SINGAPORE, March 20 (Reuters) - Gold traded steady on Wednesday, holding near a three-week high as Cyprus's rejection of bailout terms triggered worries about a default, underpinning safe haven demand...
View ArticleNorth China rebar price surge proves short-lived
Rebar prices in northern China started to show weakness on Monday following increases on Friday and over the weekend. Market participants said demand had not matched the price surge, resulting in an...
View ArticleChinese Steel Production Seen Poised to Drop as Prices Slump
Steel production in China is poised to decline after prices slumped for a fourth week, according to Commodore Research & Consultancy. Hot rolled coil fell 4 percent from the previous week, the most...
View ArticleCommission will inspect mining site
Rustenburg - The Farlam Commission of Inquiry is expected to hold an in-loco inspection at the K3 shaft at Lonmin Platinum's mine in Marikana on ...
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