March 13, 2012 China gives miners another scare as $58 billion monthly swing hands it largest trade deficit in 12 years MarketWatch quotes Nomura economist Zhiwei Zhang as saying: "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."
March 12, 2012 Investors pile into Caledonia Mining after new copper-cobalt find in Zambia Caledonia, worth $57 million on the TSX, is up 35% so far this year and ten times the usual volume of 131,000 shares changed hands on Monday.
March 12, 2012 Taseko announces earnings for year end 2011 Revenues for 2011 were $251.9 million from the sale of 60.8 million pounds of copper and 974,000 pounds of molybdenum. Revenues for the fourth quarter of 2011 were $60.5 million…
March 12, 2012 Great Panther Silver reports 37% increase in revenues to $57.8 million and $11.5 million in net earnings for 2011 Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company's gross profit or earnings from…
March 12, 2012 Peru mining investments reached US$7.2 billion in 2011, 77% more than in 2010 Mining companies in Peru invested US$7.2 billion in 2011, 77% more than in 2010, Mines and Energy Ministry (MEM) reports.
March 12, 2012 Freeport McMoRan resumes work at Grasberg gold/copper mine The company resumed work at its massive Grasberg mine as expected on Monday for the first time since a suspension on Feb 23.
March 11, 2012 Indonesia’s Rule No. 24 likely to embolden other nations to grab more from mining Indonesia surprised the global mining community last week after a new rule – Government Regulation No. 24 of 2012 – was quietly announced on the mining ministry's website. A growing…
March 11, 2012 Chile court suspends approval of Goldcorp’s $3.9 billion El Morro project Chile newspaper La Tercera is reporting that an appeals court has suspended environmental authorization for Goldcorp's El Morro project over objections by local communities. Construction of the mine was due…
March 11, 2012 The scramble for Africa’s copper: Never mind the Chinese, Ivanhoe’s Friedland says he has the prize asset Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that…
March 11, 2012 Do precious metal investors believe QE will be dialed back? After two days of consecutive gains, gold and silver briefly dipped into the red after Friday’s job report.
ERG signs long-term gallium supply deal with Mitsubishi Kazakhstan, which currently produces no gallium, is set to become the world's second-largest producer. December 20, 2025 | 08:34 am