Veris Gold Corp. Starvation Canyon Update and Market Response
Frankfurt Xetra Exchange: NG6A) is pleased to report on the progress of the development of its newest underground mine, Starvation Canyon located in the southern portion of the Jerritt Canyon ...
View ArticleAlmonty announces the filing of its financial statements and MDA for the...
Feb. 14, 2013 /CNW/ - Almonty Industries Inc. ("Almonty" or the "Company") (TSX-V: AII) today announced the filing of its unaudited consolidated interim financial statements and ...
View ArticleAustralias Macquarie muscles in on metals warehousing space
Thu Feb 14, 2013 6:55am EST * Bank buys stake in Liverpool-based Scale Distribution * Macquarie, others looking to bypass LME delivery backlogs * Macquarie employee on Scale's board By Melanie ...
View ArticleUPDATE 1-Precision Drilling posts first loss in two years on charges
Thu Feb 14, 2013 6:59am EST * Impairment charge of C$192 mln in 4th quarter * Expects 2013 capex of C$526 mln, down from C$868 mln last year Feb 14 (Reuters) - Precision Drilling Corp, Canada's ...
View ArticleAvocet warns of lower mineral reserves at Inata
JOHANNESBURG (miningweekly.com) – West African miner Avocet revealed on Thursday that it entered discussions with Macquarie Bank Limited (MBL) to buy back a significant portion of its hedge ...
View ArticlePrecision Drilling Posts Q4 Loss On Asset Decommissioning Impairment Charges
Quote ) reported a fourth-quarter net loss of C$116 million or C$0.42 per share compared to net earnings of C$28 million or C$0.10 for the fourth quarter of 2011. In the quarter Precision recognized ...
View ArticleTen dead in Philippines mine collapse
Ten miners died in a coal mine collapse in the Philippines, where five men have been rescued and three others remain missing, officials said. George San Pedro, resident manager of the Semirara ...
View ArticleTVI Pacific Inc. to Proceed with Amended Tranche 2 Subscription Agreement...
Feb. 14, 2013 /CNW/ - TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF) (TVI or the Company) announces that it will proceed with an amended Tranche 2 subscription agreement with Foyson Resources Limited ...
View ArticleGolden Minerals Announces $4.8 Million In Exploration Property Sales
Feb. 14, 2013 /CNW/ - Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") is pleased to announce the sale of most of its exploration properties ...
View ArticleIn-Fill Drill Holes Add Confidence To Harper Creek Stratabound Resource
Feb. 14, 2013 /CNW/ - Yellowhead Mining Inc. ("Yellowhead" or the "Company") (TSX: YMI) (OTCQX: YHMGF) is pleased to report the results of the first four holes of the 11,000 ...
View ArticleAtlas Copco launches RocketBit
mining and quarrying operations.The new design features more space between the forged steel bit body and rock face thereby optimising chip removal. Atlas Copco said that thanks to the forged front, ...
View ArticleLa Plata County considers time-out on drilling
Commissioners brought up the possibility of a moratorium on Wednesday to study the issue after Houston-based Swift Energy Resources filed two applications with the Colorado Oil and Gas Conservation ...
View ArticleRio Tinto smashed by largest ever loss new CEO vows cuts
posted Thursday a $3 billion loss , its first ever full-year loss. Chief Executive Sam Walsh vowed a "relentless" focus on shareholder value and more discipline and accountability, adding ...
View ArticleRed Metal Resources Announces Agreement to Option Perth Property for USD$1...
Feb. 14, 2013 /CNW/ - Red Metal Resources Ltd. (OTCQB:RMES), a mineral exploration company with copper-gold assets in is pleased to announce that its Chilean subsidiary, Minera Polymet Limitada, ...
View ArticleAzimut Exploration adopts advance notice By-Law
Feb. 14, 2013 /CNW Telbec/ - Azimut Exploration Inc (the "Corporation" or "Azimut") (TSXV: AZM) announces the adoption by its board of directors (the "Board") of ...
View ArticleBuchans Minco cut 113.85 metres of 11.25 manganese at Woodstock managnese...
Feb. 14, 2013 /CNW/ - Buchans Minerals Corporation (TSXV: BMC) ("Buchans Minerals" or the "Company"), and Minco plc (AIM Market: MIO) ("Minco") are pleased to announce ...
View ArticleA.M. Kitco Metals Roundup Gold Trading Firmer on Fresh Safe-Haven Demand
Gold prices are trading with modest gains early Thursday, on some fresh safe-haven investor demand following downbeat economic data coming out of Europe and Asia. The gold market bulls are impressed ...
View ArticleWe must remove barriers to exploration
WASHJINGTON - WASHINGTON - Can increasing American energy exploration improve our economy? Yes, but more to the point, it's already ...
View ArticleDec mining output falls
JOHANNESBURG (miningweekly.com) – Banking group Nedbank said on Thursday that it seemed South Africa’s mining sector was still "reeling from the devastating effects" of the ...
View ArticleBarrick Gold losses $4.2 billion over Lumwana copper mine’s costs
huge loss for the fourth quarter , triggered by soaring costs at its Lumwana copper mine in Zambia, which it acquired two years ago when prices for the red metal were sky-high. Copper prices have ...
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