April 16, 2012

Endeavour Silver pays $250 million for two Mexican properties

Endeavour Silver is paying a quarter-billion dollars for two Mexican mining properties owned by AuRico Gold (TSX:AUQ). Endeavour (TSX:EDR) said yesterday it will spend up to $250 million for AuRico's…

April 16, 2012

Yukon watershed the size of New Brunswick becomes a flashpoint between environmentalists and miners

The Toronto Star profiles Peel River in the Yukon, a growing sources of contention between miners and environrmentalists

April 16, 2012

The meek shall inherit the earth, but not its mineral rights: Meet mining’s 40 richest billionaires

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

April 15, 2012

Canada’s Harper tells Americas summit mining has ‘vast power to change the way a nation lives’

Mining contributed $50 billion to the country’s GDP in 2011, he said, and provides “well paying” jobs for more than 300,000 Canadians.

April 15, 2012

With 4 mega-projects sucking up $120 billion, BHP vows to ‘live within its means’

BHP's four largest projects – Olympic Dam, the Outer Harbour iron ore infrastructure project in Australia, expansion of its US shale gas operations and Jansen potash in Saskatchewan, Canada –…

April 13, 2012

Ivanhoe staggers as Ouy Tolgoi costs balloon to $13 billion

Ivanhoe and Rio Tinto not only have to deal with higher projected mining and processing costs at the mega-mine but also development delays and most worryingly, lower ore grades.

April 13, 2012

Silver miners building for breakout: Chris Marchese

The health of the U.S. economy may not be quite as robust as some government statistics indicate and more stimulus could be on the way, despite what the Fed may…

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

Minerals Council of Australia restarts anti tax ad campaign

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.

April 13, 2012

US versus Australian mine manager salaries

Today Jennifer Leinhart of CostMine sent me these two volumes: 2011 Survey Results: U.S. Coal Mine Salaries, Wages and Benefits 2011 Survey Results: U.S. Metal & Industrial Mineral Mine Salaries,…