March 22, 2012 Nevsun posts $78m profit for Dec quarter 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…
March 22, 2012 Impairments lead to $105.4m Q4 loss for Franco-Nevada Franco-Nevada Corporation, the biggest gold royalty and streaming company, swung $105.4-million into the red for the fourth quarter, after the Toronto-based firm suffered $169.9-million in impairment charges.
March 22, 2012 Big guns all on board for Beijing’s new spot iron ore trading platform Beijing launched the new spot price platform in January in a bid to shift the balance of power in price negotiations away from the big three.
March 22, 2012 Proven and Probable Reserves Grow by 36% at La Mancha’s Frog’s Leg Mine La Mancha Resources Inc. (TSX: LMA, hereinafter "La Mancha" or the "Company") is pleased to announce that Proven and Probable gold reserves (the "reserves") at its Australian Frog's Leg mine…
March 22, 2012 Randgold shares plunge almost 13% after military coup in Mali Randgold Resources (LON:RRS, NASDAQ:GOLD) shares fell close to 13% this morning after a military coup in Mali, where the company has three gold mines that account for most of its…
March 22, 2012 Metals Economics Group pipeline activity index, March 2012 Metals Economics Group (MEG) Pipeline Activity Index (PAI) slid for the third consecutive month in January to its lowest level since mid-2010, before showing some encouraging signs of recovery in…
March 22, 2012 Gold from Thailand, China flood Indian markets India's duty hike has made domestic gold jewellery more expensive than imported jewellery, with retailers stocking up on cheap imports from Thailand and China to quell demand.
March 22, 2012 Gold Fields buys 40 pct stake in Philippine gold/copper project The world's fourth-largest bullion producer acquired the stake after making a $110 million down payment this week and retained the option to acquire an additional 20% in the Far Southeast…
March 22, 2012 Mining plans in Ecuador face indigenous backlash Mediaworks reports hundreds of indigenous people in Ecuador opposed to planned mining projects are marching towards the country's capital of Quito.
March 22, 2012 Global mining firms face energy crisis Global mining firms say energy vulnerability is a risk they worry about in one of the last relatively unexplored countries, which is thought to still have big undiscovered deposits even…
TechMet plans additional $200M raise, has Africa in sight CEO Brian Menell has said that the company is planning to make more investments in the coming months. February 09, 2026 | 09:17 am