March 22, 2012

Glencore-Xstrata merger won’t happen this year

EU regulators are stepping up scrutiny of the mooted $90 billion merger of the commodities trader and coal giant and the whole vetting process could take until early 2013. That…

March 22, 2012

Investors give miners another kicking after China manufacturing shrinks

None of mining's top companies escaped the carnage on Thursday after a survey of manufacturing in China showed activity slowed for a fifth straight month.

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 6, 2012

Kagara lays off 130 employees after posting A$48.9 million loss

Queensland base metal miner, Kagara Mining, said 130 of its staff were becoming redundant after the company posted an A$48.9 million loss in the first half of its financial year.

March 5, 2012

Body blow for mining heavyweights as China growth expected to slow to near decade low

The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were…

February 25, 2012

Vedanta consolidation to create world’s 7th largest natural resources company

London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.

February 17, 2012

Hecla busts company record with 148 million ounces of silver reserves

Hecla Mining reported the largest resource calculation in company history today with 148 million ounces of silver reserves and 281 million ounces of resources. The silver numbers represented a 4%…

February 8, 2012

Silvercorp reports revenue of $61.9 million and operating cash flow of $31.6 million in the 3rd quarter of fiscal 2012

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) today reported its unaudited financial and operating results for the third quarter ended December 31, 2011 ("Q3 2012"). The following financial results…

February 1, 2012

Brixton Metals Announces Flow-Through Financing

Brixton Metals Corporation (TSX VENTURE:BBB) (the "Company" or "Brixton") is pleased to announce that it has entered into an agreement to complete a brokered private placement financing (the "Private Placement"),…

January 31, 2012

Silvercorp Announces Positive Pre-Feasibility Study for the GC Silver-Lead-Zinc Project in Guangdong Province, China

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) is pleased to announce it has received a positive Pre-Feasibility Study ("PFS") for its 95%-owned GC Project in Guangdong Province, China.