September 5, 2012

Canadian Arctic mining boom draws in China-backed MMG

The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.

September 4, 2012

Baja Mining’s partners indecisive on further funding for Mexico project

Canadian Baja Mining (TSX:BAJ) shareholders continue to be anxious about the future of the company’s flagship Boleo project in Mexico, as its South Korean partners were unable to decide on…

September 4, 2012

Kiska Metals surges 19% on Thorn results

Kiska Metals Corporations shares were up almost 19% (at 12:15 ET) Tuesday as the company announced updated results for its Thorn Property in northwestern British Columbia, sent by partner Brixton…

August 29, 2012

Mexican army and police break protest at Excellon’s la Platosa mine

Close to 100 soldiers and officers of the Mexican Army and Federal and state police agencies broke through a peaceful protest taking place in front of the La Platosa mine,…

August 29, 2012

Balmoral discovers three new areas of gold mineralization in Quebec property

Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three…

August 29, 2012

EPA needs $635 million and 30 years to clean Silver Valley

Idaho's Silver Valley will need to pay $635 million under a new 30 year plan by the federal government to clean up over a century's worth of mining pollution in…

August 29, 2012

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

August 29, 2012

Baja Mining stocks surge 77% on Korean consortium’s $90mln payment

Shares in Vancouver-based Baja Mining Corp. (TSX:BAJ) have surged following confirmation from the company that a Korean consortium has paid USD$90 million to become a 51% owner of Baja subsidiary…

August 24, 2012

Baja Mining reports waiver to standstill agreement

The Korean Consortium has advanced approximately $73.5 million of the total $90 million of Stage I financing, which is sufficient to trigger the reduction in Baja's interest in MMB from…

August 23, 2012

Canada’s Lalor gold, zinc, copper mine stealing thunder

There's no doubt the big story in mining in Manitoba these days is HudBay's Lalor project near Snow Lake. Weighing in at about $700 million, the zinc/copper/gold mine is shaking…