First Quantum mails hostile offer to Inmet shareholders
TORONTO (miningweekly.com) – Canadian base-metals miner First Quantum on Wednesday said it has formally mailed a C$5.1-million takeover bid circular and related documents to Inmet Mining ...
View ArticleMcEwen Mining declares commercial production at Mexico mine
TORONTO (miningweekly.com) – Toronto-based gold miner and project developer McEwen Mining has declared commercial production at its El Gallo Phase 1 mine, in Sinaloa State, Mexico, as from ...
View ArticleAlderon ready to start new iron ore mine in Labrador
(CBC) In a conference call on Wednesday, Alderon president and CEO Tayfun Eldem said a feasibility study on the Rose deposit of the Kamistiatusset (Kami) property conducted by the company indicated ...
View ArticleAlpha Minerals Appoints Dr. Michael Gunning As Chairman
Dr. Gunning is serving as a director and lead technical adviser, in support of advancing the company's recent discovery at Patterson Lake, Athabasca basin, Saskatchewan. With the appointment, ...
View ArticleCline Mining - Update on TSX Regulatory Matters
Toronto Stock Exchange ("TSX") regulatory matters in connection with Cline's proposed financial restructuring (the "Restructuring") that was announced by Cline ...
View ArticleShells Latest Calamity Proves Folly of Arctic Oil Drilling Environmental Experts
Shell's latest blunder shows that safely drilling for oil in the Arctic is impossible, environmental experts say, as three government agencies launch investigations into ...
View ArticleP.M. Kitco Metals Roundup Gold Ends Weaker amid Firmer U.S. Dollar Index...
Comex gold futures prices ended the U.S. day session modestly lower Wednesday. The precious yellow metal was pressured by a stronger U.S. dollar index and by the present weak near-term technical ...
View ArticleMoily calls for setting up JVs in Kazakhstan for manufacturing items needed...
Petroleum and Natural Gas Minister M. Verrappa Moily on Wednesday called for setting up joint venture projects in Kazakhstan for manufacturing finished products from their minerals and raw material, ...
View ArticleMoily seeks Kazakh nod for OVL oil field buy joint ventures
Oil Minister M. Veerappa Moily Wednesday asked the Kazakhstan government to favourably consider ONGC Videsh's proposal to buy a stake in its Kashagan oil field and setting up of joint ventures to ...
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Aluminum giant Alcoa surpasses revenue expectations
NEW YORK - Global aluminum giant Alcoa has hit its profit target with $230 million or $0.21 per share in the fourth quarter by cost cutting to help offset a drop in aluminum prices. Fourth ...
View ArticleGovernment lawyer downplays ministers statement questioning B.C. mining permits
A government lawyer is trying to downplay comments by a federal cabinet minister who publicly raised concerns about permits for 200 temporary Chinese miners in ...
View ArticleCanada Lithium Signs Off-take Agreement with Marubeni for up to 5000 tonnes...
Canada Lithium Corp. (TSX: CLQ) (U.S. OTC: CLQMF) announced today it has signed a three-year Distributorship Agreement with Marubeni Corporation, one of Japan's largest commodities trading ...
View ArticleChinese gold silver face possible recovery
Chinese precious metal futures could rebound Monday after gold prices rallied in post-Asian trading Friday. The February Comex gold future added 0.86 percent to finish the week at $1,660.10 per ...
View ArticleGovt gets hands out of coal market
In what an expert called Tuesday "the most significant reform yet in the energy sector," China's cabinet announced Tuesday it would cancel government intervention in coal prices for ...
View ArticleMirabela Nickel Limited Fourth Quarter 2012 Conference Call
Jan. 10, 2013 /CNW/ - Mirabela Nickel Limited will host a conference call to discuss its ASX quarterly activity report for Q4 2012 at the times listed below. The quarterly report will be available ...
View ArticleAussie firm expects rise in gold mining activities in Philippines
Red Mountain Mining Ltd. of Australia expects an increase in drilling activities in the Philippines in the next few months after it unearthed a second high-grade gold system at its project site in ...
View ArticleUse of mine drainage in drilling operations endorsed by state officials
State environmental regulators are willing to sign legal agreements with gas companies to help them use mine drainage in drilling operations without the risk of long-term problems, according to a ...
View ArticleSirius restarts drilling at Nova deposit
Sirius Resources has relinquished two of its projects as it ramps up exploration at its Nova nickel-copper deposit, starting the new year with seven drill rigs. The Balcatta-based explorer today ...
View ArticlePatagonia Gold Approves Grant of Options
Jan. 10, 2013 /CNW/ - The Board of Directors of Patagonia Gold Plc (TSX: PAT, AIM: PGD) today announced approval to grant options over 14,500,000 ordinary shares of one pence each ...
View ArticlePatagonia Gold Appoints New Chairman
Sir John Craven as Chairman of the Board and as a non-executive director of the Company. He has been succeeded as Chairman by Carlos Miguens, the Deputy Chairman. It is intended that additional ...
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