Ritchie Bros pays $64 million for AssetNation

Mining and construction equipment auction house Ritchie Bros. has acquired AssetNation Inc., an online provider of surplus and salvage assets, for US$64 million.

MINING.com Editor | May 10, 2012 | 7:28 pm

Taseko redux? BC first nation flexes muscles on Red Chris

A proposal by Imperial Metals to develop the Red Chris mine in northern BC is not sitting well with a local First Nation.

MINING.com Editor | May 9, 2012 | 11:49 pm

Wall vs Mulcair: Saskatchewan premier defends mining, oilsands

Trading barbs over the allocation of resource revenues is a blood sport in Canada, and the latest contenders are newly minted NDP leader Thomas Mulcair and Saskatchewan Premier Brad Wall.

MINING.com Editor | May 9, 2012 | 11:13 pm

Industry turns to NASCAR as coal defense gets political

Bloomberg reports the American Coalition for Clean Coal Electricity is tapping the great American sport of NASCAR racing in a bid to win popular support for the coal industry.

MINING.com Editor | May 7, 2012 | 8:08 pm

South Africa mine casualty figures at record low

Miningmx.com reports April has seen the lowest number of mining fatalities ever in South Africa, according to figures released by mines minister Susan Shabangu.

MINING.com Editor | May 6, 2012 | 10:35 pm

300 Kazakhmys workers end 3-day underground sit-in

Authorities in Kazakhstan, a former Soviet republic of 16.7 million people, are especially wary of labor unrest in single-industry towns after a months-long dispute involving sacked oil workers last year erupted into the country's worst violence in decades.

MINING.com Editor | May 6, 2012 | 9:10 pm

Charlie Munger: Civilized people don’t buy gold

"I think gold is a great thing to sew into your garments if you're a Jewish family in Vienna in 1939, but I think civilized people don't buy gold. They invest in productive businesses."

MINING.com Editor | May 6, 2012 | 12:25 am

Orko Silver slips 11% despite release of engineering study

Releasing the results of a new engineering study failed to move the markets in a positive direction today for Orko Silver (TSX-V:OK), although the resource-heavy Toronto exchanges were also in the red.

MINING.com Editor | May 2, 2012 | 6:10 pm

Silver Dragon to begin exploration in China

Silver Dragon Resources said today its joint venture with Sanhe Sino-Top Resources & Technologies (Sino-Top) has approved an exploration program on three of its properties in northern China.

MINING.com Editor | May 2, 2012 | 5:34 pm

India’s new uranium mine may host one of world’s largest reserves

In what is considered a major milestone in the Indian nuclear program, the Uranium Corporation of India Ltd (UCIL) commissioned last week a new uranium mine, which may host one of the most significant reserves of the yellow material in the world.

MINING.com Editor | April 30, 2012 | 6:38 pm

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