May 8, 2012

Hecla Mining announces dividend and share repurchase program on top of dismal Q1 results

Hecla's Q1 net income was off 71% to $12.4 million due to a production suspension at Lucky Friday Mine, increased exploration expenses and other one-time charges.

May 1, 2012

Mining blamed for Canadian economy unexpected dip in February

Canada's gross domestic product surprisingly dropped 0.2% in February, with all fingers pointing at the manufacturing and mining sectors, particularly potash and nickel producers, as the main responsible, says the…

April 24, 2012

Record revenues for Teck despite lower metals prices

Teck Resources fought against lower metals prices to post record revenues for the first quarter.

April 21, 2012

Creepy vintage ad: ‘I hope the lead I’m mining will be used in your paint’

Social news site Reddit ran a vintage mining ad showing a happy miner extolling the virtues of lead.

April 13, 2012

Doe Run Peru to be liquidated after rejected restructuring of La Oroya smelter

Metals producer Doe Run Peru’s creditors rejected a restructuring plan the company presented with a view to restarting operations at the La Oroya smelter, said in a statement the Energy…

April 13, 2012

Melting Arctic is nothing but good news for the mining industry: Lloyd’s/Chatham House

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and…

April 12, 2012

Chieftain Metals addresses historic environmental legacy at Tulsequah

Victor Wyprysky, President and CEO of Chieftain Metals Inc., commented: "Chieftain's immediate attention to provide a solution to the historic environmental issues at Tulsequah demonstrates the high importance we place…

April 12, 2012

China soft landing likely, says World Bank

The Chinese economy is likely to land softly, rather than with a jolt, with growth forecast at 8.2% this year and 8.6% in 2013, according to The World Bank.

March 28, 2012

Fire forces lead smelter closure in Missouri

The Doe Run Company had to declare force majeure at its lead smelter in Herculaneum, Missouri, after a fire at the plant.

March 24, 2012

First Nations say Manitoba should hurry up mining files

Governments of all levels have been criticized by the slow pace of regulatory approval for mine and exploration permitting. Now First Nations groups, according to an editorial in the Winnipeg…