GOLD 1286.79 $/ozChange: 2.62
PLATINUM 1423.50 $/ozChange: 5.50
R/$ exchange 10.65Change: 0.07
R/€ exchange 14.03Change: 0.10
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Topic
 
Toronto
 
RSS
 
Toronto
 
REVENUE TRANSPARENCY

Canada’s Mines Ministers back enhanced payment transparency in sector

The Mining Association of Canada (MAC) and the Prospectors and Developers Association of Canada (PDAC) on Tuesday welcomed a joint announcement made today by Canada's federal and provincial Mines Ministers, in which they lent their support to...
27th August 2014
 
CREDITOR PROTECTION

Mercator Minerals files for creditor protection

Mineral Park, Arizona North American base metals miner Mercator Minerals on Tuesday filed for creditor protection in both Canada and the US after the board and its creditors could not agree on “several proposals” put on the table by interested parties that wanted...
27th August 2014
 
BASE METALS

Antofagasta’s H1 earnings fall on higher costs

Chilean copper producer Antofagasta on Tuesday reported that net profit for the six months ended June 30 fell 16.3% year-on-year to $330.8-million as lower revenue and higher costs impacted the bottom line. The LSE-listed miner reported an 11.5%...
26th August 2014
 
PEOPLE

Barrick scraps corporate development team – sources

Outgoing Barrick CEO Jamie Sokalsky Barrick Gold is eliminating its corporate development team and more cuts are in the works as the world's top gold miner looks to reduce costs, three sources familiar with the situation said on Tuesday. The sources, who asked not to be named as...
26th August 2014
 
PROJECT PERMITTING

GoldSource’s Guyana project shovel-ready after receiving medium-scale permit

Gold project developer GoldSource Mines has received a medium-scale mining permit from the Guyana Geology and Mines Commission for operations on a 250 ha portion of its Eagle Mountain deposit located within the 5 050 ha Eagle Mountain prospecting...
26th August 2014
 
INTERNATIONAL ARBITRATION

Newmont withdraws arbitration claim against Indonesia

Global miner Newmont on Tuesday said its Indonesian subsidiary PT Newmont Nusa Tenggara (PTNNT) would drop international arbitration proceedings against the country’s government, based on signs that the government was open to start formal...
26th August 2014
 
LISTING SUSPENSION

Besra suspended from ASX trading for failing to pay dues

Vietnam-focused gold miner Besra on Monday said its stock had been suspended from trading on the ASX after it failed to pay its yearly listing fees. TSX-listed Besra missed the Friday deadline to pay its dues, resulting in its stock being...
25th August 2014
 
ONTARIO PLATINUM

Transition Metals consolidates Sudbury platinum prospect

Project generator Transition Metals on Monday reported that subsidiary Sudbury Platinum Corp (SPC) had consolidated its interest in the Aer-Kidd nickel/copper/platinum-group metals (PGMs) project, near Sudbury, in Ontario. SPC had completed a...
25th August 2014
 
SHARE BUYBACK

Cliffs could alter debt agreements in $200m share buy-back

The newly reconstituted board of iron-ore and coal miner Cliffs Natural Resources on Monday authorised the company to modify debt agreements if needed to allow the company to implement a $200-million share buyback. Cleveland, Ohio-based Cliffs...
25th August 2014
 
CORPORATE ACTIVITY

Augusta Resource Corp to merge with Hudbay subsidiary

Conceptual Rosemont operation Canadian base metals miner Hudbay Minerals on Monday announced that it would amalgamate its newly acquired project development company Augusta Resource Corp with one of its indirect, wholly owned subsidiaries. Following a month-long hostile...
25th August 2014
 
ALUMINIUM

Alcoa to close Italian smelter

US aluminium and related products producer Alcoa on Monday announced that it would close its Portovesme (Carbonia-Iglesias, Italy) primary aluminium smelter, where production had been curtailed since November 2012. The closure would reduce...
25th August 2014
 
ENVIRONMENT

Some tests near Imperial's Canada mine spill show high copper

A small number of water samples taken near the site of a major spill at Imperial Metals' Mount Polley mine have shown copper levels high enough to pose a risk to fish, British Columbia officials said on Friday, but the copper did not exceed...
22nd August 2014
 
 
Topic Multimedia
image
VIDEO
image
View all
 
 
BHP Billiton spins out Newco Video
Transnet, Eskom coal boost for black-controlled... Video
Gold Fields piloting two new mining methods at... Video
Resources Watch Video
More than 90% of SA seismic events are mining... Video
SA still best mining address Video
AMCU knocking on door at Northam’s... Video
Northam Platinum’s earnings nosedive,... Video
Resources Watch Video
Audio
View all
 
 
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio