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 8, 2012

Zincore announces strategic partnership with First Quantum Minerals to accelerate work on copper and zinc projects

Zincore Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore" or the "Company") is pleased to report that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) ("First Quantum") Under the…

May 7, 2012

Canadian Baja Mining continues to struggle over funding for Mexico project

Canadian miner Baja Mining Corp (TSX:BAJ) said on Monday it won’t be able to continue with its copper/cobalt/zinc project in Mexico beyond mid-June, unless it finds a way to fund…

May 7, 2012

Is this Baja Mining’s ‘Et tu, Brute?’ moment?

A recent turn of events in an escalating fight between Baja Mining and dissident shareholder, Mount Kellett Capital Management, might seem to share a little of the plot from William…

May 6, 2012

Budget ‘must reveal’ mining tax details

CLIME Asset Management founder John Abernethy has called on companies hit by the government's controversial mining tax to immediately disclose the financial impact on their business or face reprimands from…

May 6, 2012

Asmara copper and zinc project minelife jumps 50%

In a new prefeasibility study Sunridge Gold pulled four deposits together into a single mining scenario at its Asmara copper-zinc project in Eritrea for the first time, giving it added…

May 4, 2012

Tweet of the day about Canada minting its last penny

Video of the event was uploaded by Winnipeg Free Press.

May 4, 2012

Apple is a want – global resources are needs

Here’s a different way of showing how energy stocks have lagged.

May 4, 2012

Eritrea’s great gold potential – and copper and silver and zinc

The tale of Eritrea's first major miner, Nevsun, which has had mixed fortunes this year and gold explorer, Andiamo Exploration, whose chairman has been a long time believer in the…

May 3, 2012

Canada mints its last penny on Friday

The Canadian penny will get a ministerial send off when the Federal Finance Minister Jim Flaherty will be on hand to watch the last minting.