Vancouver
What's On
International
What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...By: Asha Ramsaran
25th May 2012
RIGHTS OFFERING
Ivanhoe to launch $1.8bn rights offering
TSX-listed Ivanhoe Mines, which is majority owned by Rio Tinto, said on Wednesday it would launch a rights offering to raise about $1.8-billion. The rights offering to existing shareholders formed part of a funding agreement to enable Ivanhoe to...By: Henry Lazenby
23rd May 2012
COPPER
Quaterra sees 41m lb/y copper mine at MacArthur
Vancouver-based Quaterra Resources on Wednesday announced the results of a scoping study at its MacArthur copper property in Nevada, outlining a potential 41-million-pound yearly operation coming at a capital cost of $232.7-million. The project...By: Matthew Hill
23rd May 2012
ENVIRONMENT
EPA report ‘pure hubris’, says Northern Dynasty CEO as shares capitulate
Shares in Northern Dynasty dropped like a stone on Tuesday, after a US government draft environmental report raised concerns about the contentious Pebble copper project in Alaska, which it owns half of. The Pebble project, which the...By: Matthew Hill
23rd May 2012
SILVER
Silvercorp net earnings fall on higher production costs
TSX-listed Silvercorp Metals on Thursday said fourth-quarter profit fell by 19% to $9.7-million quarter-on-quarter, or 6c a share, weighed down by increased production costs despite higher prices achieved. The lower net income was mainly...By: Henry Lazenby
18th May 2012
What's On
International
What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...By: Asha Ramsaran
18th May 2012
GOLD
Aura plunges as it posts $18.7m Q1 loss
Vancouver-based Aura Minerals’ share price capitulated by over 50% on Wednesday, after the gold and copper producer reported an $18.7-million, or $0.08-a-share net loss for the three months to March 31. The TSX-listed firm blamed a structural...By: Matthew Hill
17th May 2012
Firestone Ventures Inc.
Company Announcement: Firestone Provides Update on Zinc-Lead-Silver Reconnaissance Program
Firestone Ventures Inc, is pleased to announce further results from its ongoing zinc exploration reconnaissance program in the Central Guatemala Zinc District.
15th May 2012
CLEAN MINING
New industry association launched to advocate clean mining technology
Vancouver-based Clean Mining Alliance (CMA) launched on Monday, with the goal of supporting and advocating technological advancements to help make the mining industry cleaner and more environmentally responsible. Executive director Dallas Kachan...By: Henry Lazenby
14th May 2012
SILVER
Silver Wheaton Q1 profit improves by 20%
Royalties and streaming firm Silver Wheaton on Monday posted a 20% year-on-year increase in first-quarter net earnings to $147.2-million, or 42c a share, driven by increased demand from mines with which the company has off-take agreements. The...By: Henry Lazenby
14th May 2012
COPPER
First Quantum buys 19.9% stake in Peru-focused junior
Base metals miner First Quantum on Friday said it bought a 19.9% stake in Zincore Metals, which owns copper and zinc projects in Peru, for a total of C$7.5-million. The TSX-listed junior had said on May 8 First Quantum took up a stake of some 10%...By: Matthew Hill
14th May 2012
What's On
International
What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...By: Asha Ramsaran
11th May 2012
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