GOLD 1284.08 $/ozChange: 2.46
PLATINUM 1403.20 $/ozChange: 3.20
R/$ exchange 10.55Change: -0.04
R/€ exchange 14.59Change: -0.10
 
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ENVIRONMENTAL PROTECTION

Linc Energy faces court action over alleged environmental harm Restricted

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Singapore listed Linc Energy on Thursday said that it would “staunchly” defend itself against claims by the Queensland government that the company’s Chinchilla underground coal gasification (UCG) research and development facility caused...
17th April 2014
 
 
GOLD

Evolution on track to meet FY guidance, may consider Edna May divestment Restricted

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Gold miner Evolution Mining has reported a solid quarter of production, and remains on track to reach its full-year production target of between 400 000 oz and 450 000 oz of gold. During the March quarter, Evolution delivered 101 408 oz of gold...
17th April 2014
 
 
COAL

More speed bumps in way of Indian coal block auction plans Restricted

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India’s maiden auction of captive coal blocks hit yet another snag with prospective bidders raising a red flag over alleged discrepancies in the reserves of the three blocks on offer. In a pre-bid meeting of prospective captive coal users...
17th April 2014
 
 
PLATINUM

Resources Watch Video Available Restricted

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This week: Pallinghurst brings in new technology to boost its platinum business. And, Gemfields is doing the ‘De Beers-equivalent’ in emeralds.
17th April 2014
 
 
IRON-ORE

Brazil's Vale says China pessimism not justified - CEO Restricted

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Vale is not concerned about an economic slowdown in China, the mining company's top iron-ore market, because Chinese steel output is setting records, CEO Murilo Ferreia told Reuters on Wednesday. China's economic indicators remain strong,...
16th April 2014
 
 
SKILLS DEVELOPMENT

Goldcorp donates $300k for new mineral resource engineering professorship Restricted

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Vancouver-based gold producer Goldcorp has donated $300 000 to Dalhousie University’s Mineral Resource Engineering programme to establish a new professorship that would increase teaching capacity, expand programme breadth and provide more...
16th April 2014
 
 
POTASH

Muskowekwan First Nation votes to approve on-reserve potash project Restricted

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Project developer Encanto Potash on Wednesday reported that the Muskowekwan First Nation (MFN) had voted with a strong majority in favour of continuing to develop the first producing potash mine on First Nation land – the MFN’s reserve,...
16th April 2014
 
 
GRAPHITE

Energizer completes Madagascar graphite project consolidation Restricted

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Madagascar-focused project developer Energizer Resources on Wednesday announced that it had concluded a transaction that consolidated its full ownership in its flagship Molo graphite project, in the country. Toronto-based Energizer bought the...
16th April 2014
 
 
URANIUM

Paladin receives $20m from escrow in Langer Heinrich sale Restricted

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TSX- and ASX-listed Paladin Energy on Wednesday said that conditions required to release the escrowed $20-million nonrefundable deposit in the $190-million sale of 25% of its Langer Heinrich uranium project, in Namibia, to China National Nuclear...
16th April 2014
 
 
CORPORATE ACTIVITY

Osisko ups the ante for Goldcorp with 'friendly' Yamana/Agnico Eagle deal Restricted

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Canadian Malartic, Quebec. In a move orchestrated to foil major miner Goldcorp’s C$3.6-billion hostile takeover bid for Quebec-based Osisko Mining, a second ‘white knight’ has stepped forward in a new, less convoluted deal, offering Osisko shareholders an 11% premium...
16th April 2014
 
 
 
 
 
 
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BNC smelter upgrade important short-term focus... Video
Australian junior applies for right to explore... Video
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Over 200 mining-related land claims... Audio
Freeport almost doubles Tenke... Audio
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Higher moly prices on the horizon -... Audio
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