December 6, 2011 Rubicon’s Phoenix project on fast track The Ontario Ministry of Northern Development and Mines has approved the closure plan for the Phoenix gold project in Red Lake. The decision allows owner Rubicon Minerals of Vancouver to…
December 6, 2011 Xstrata Copper commences underground ore production at Ernest Henry Mining Initial underground mine production has successfully commenced at Xstrata Copper’s Ernest Henry Mining operation in north-west Queensland, marking the site’s transition from open pit mining, which is now complete, to…
December 6, 2011 The top 3 commodities plays for the biggest profits in 2012 A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it. Nearly everyone in the world knows what gold is, and nearly…
December 5, 2011 Mining with gas: Copper-gold mine in Yukon to be powered with LNG A new open-pit copper-gold mine in Canada's Yukon Territory would be powered with natural gas. Releasing an update today on its Casino project, Western Copper and Gold Corp. (TSE:WRN) says…
December 5, 2011 Kinross reaches agreement in principle with Ecuadorian government on Fruta del Norte exploitation contract Kinross Gold Corporation (TSX:K.TO - News)(NYSE: KGC - News) announced today it has reached a non-binding agreement in principle with the government of Ecuador regarding key fiscal and legal parameters…
December 5, 2011 Gold Fields says Ghana tax plan may halt $1 billion projects Gold Fields Ltd., the fourth-biggest producer of the metal, said Ghana’s plan to raise tariffs on mines and introduce a windfall tax could force it to halt expansion projects worth…
December 5, 2011 Ecuador ready to ink mining deals; Kinross among companies likely to benefit Ecuador is not a top-of-mind country when it comes to mining, but that could change as the government signals a shift in direction towards the minerals sector, the Globe and…
December 5, 2011 Balmoral Intersects 12.93 g/t Gold Over 9.33 Metres from One of Four New Discoveries at Martiniere East Balmoral Resources Ltd. today reported drill results from 9 holes collared on the eastern portion of the Company's Martiniere Property, part of the Company's Detour Gold Trend Project in Central…
December 5, 2011 Deflation Is Coming: Jay Taylor Jay Taylor believes the biggest challenge facing the U.S.—deflation—could mean a better year, or even decade, for junior gold stocks.
December 5, 2011 Calibre Announces Start of 5,000 Metre Drill Program at Rosita Copper-Gold-Silver Project, Nicaragua Douglas Forster, Chairman of Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased to announce that Alder Resources Ltd. ("Alder") (TSX VENTURE:ALR) has informed Calibre that drilling has…
China central bank keeps buying gold as bull run hits brakes Bullion held by the People’s Bank of China rose by 40,000 troy ounces last month. February 08, 2026 | 08:25 am