August 1, 2012 Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share…
August 1, 2012 Mining in Bolvia is ‘different’ Theo Stromer published a pictorial on CNN looking at cooperative mining in Bolivia, as well as the damage caused to the environment and the miners themselves in a region that…
August 1, 2012 Fresnillo’s gold sales outshine silver The company is sticking to plans to spend $680 million this year including ramping up production at its Noche Buena mine. The firm has five operating mines and this year…
August 1, 2012 Nautilus to raise funds and continue equipment build The company plans to raise approximately $34 million through a private placement of 37.7 million shares at a price of $0.90 per share to assist with the continued funding of…
August 1, 2012 Ascot Resources continues to expand a large gold system in the Big Missouri area After announcing their drill results, Ascot Resources states that the drilling program "continues to expand and confirm the property has potential for both bulk tonnage and higher grade underground gold/silver…
August 1, 2012 Silvercorp reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China The company reports intercept of 10.87 meters grading 715 grams per tonne silver, 6.85% lead and 1.52% zinc at the SGX mine, Ying Mining district, Henan province, China
August 1, 2012 Elgin Mining Inc. announces appointment of chief operating officer The old COO for New Gold Inc has been appointed as chief operating officer, effective today, for Elgin Mining.
July 31, 2012 Gold and silver await the starting gun This week we have meetings involving the ECB and the Federal Reserve followed by the job numbers on Friday. These meetings, summits, announcements have an effect on the investment community…
July 31, 2012 US Silver spurns Hecla cash advance, advocates union with RX Gold US Silver's (TSX-V:USA) board of directors has spurned an unsolicited all-cash take-over bid from Hecla Mining Company (NYSE:HL) and unanimously recommended that shareholders reject the offer by instead voting for…
July 31, 2012 Dour mining report substantiates warnings of an Australian resource sector slowdown A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am