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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...
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...
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...
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...
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...
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...
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...
17th May 2012
 
Firestone Ventures Inc.

Company Announcement: Firestone Provides Update on Zinc-Lead-Silver Reconnaissance Program PDF Available

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...
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...
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%...
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...
11th May 2012
 
 
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