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Russian billionaire Prokhorov files for copper-nickel Toronto IPO
Posted on May 17, 2012
Move over Mark Zuckerberg. Russia’s Mikhail Prokhorov, who Forbes ranks as the 58th richest person globally, has filed a prospectus to list his Intergeo MMC in Toronto, announcing it the day before Facebook goes public.
Western Australia to review state royalties
Posted on May 17, 2012
The Western Australian government on Thursday reported that it would be conducting a review on its royalty system over the next three years.
Paladin’s Malawi mine still not at full production after strike
Posted on May 17, 2012
Full production at ASX- and TSX-listed Paladin Energy’s Kayelekera uranium mine in Malawi eluded the company’s grasp as workers continued to strike, it said on Thursday.
Trans Hex to return to profit as production grows
Posted on May 15, 2012
Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.
Mali gold mine resuming operations after political strife
Posted on May 3, 2012
A few weeks after explorer Pearl Gold officially inaugurated its Kodieran gold mine, in Mali, a delegation comprising the company’s management and supervisory board visited the project to inspect the effect of recent political unrest in the country on operations.
NovaGold shareholders OK copper spin-out
Posted on March 30, 2012
TSX-listed NovaGold shareholders on Wednesday gave a big thumbs up to the spinout of NovaCopper, with less than 1% of them voting against the deal at a meeting in Vancouver.
Marriage of spun-out diamond assets may be best for Rio, BHP
Posted on March 28, 2012
With Rio Tinto broadcasting that it is joining bigger rival BHP Billiton in considering selling its diamond businesses, analysts said on Tuesday the diversified giants might rather combine the assets and list them.
Tasman's PEA gives Norra Karr a $1.46bn value
Posted on March 22, 2012
Vancouver-based Tasman Metals on Wednesday published the results of a scoping study at its Norra Karr rare earths project in southern Sweden, sketching out a mine that would cost $290-million to build, and have a $1.46-billion net present value.
Alacer posts $75m profit for 2011
Posted on March 22, 2012
TSX- and ASX-listed Alacer Gold, the company formed out of the merger of Anatolia Minerals and Avoca Resources early last year, said it made $75-million in net profit in 2011, having produced a revised guidance-beating 411 933 oz of gold.
Nevsun posts $78m profit for Dec quarter
Posted on March 22, 2012
Nevsun Resources, which owns the Bisha gold mine in Eritrea, made $78.3-million in net after-tax earnings in the last three months of 2011, about 12% lower than the previous quarter’s profit, as output and prices shrunk.
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ANNOUNCEMENT
BioteQ, a leader in the treatment of industrial wastewater, will be presenting a short course and technical paper at the 9th International Conference on Acid Rock Drainage taking place in Ottawa, ON from May 21-26, 2012.
Attend to learn more about acid rock drainage and new technologies for its treatment.
You can also stop by the BioteQ booth #16 or visit for more information.
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