February 9, 2012

Teck Resources profit lifted by soaring coal prices

Canadian miner giant Teck Resources (TSX:TCK.B) reported Thursday a record annual profit of $2.7 billion, up by half from 2010, fuelled mainly by higher coal prices.

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 8, 2012

Vena’s Partner Trafigura Invests US$7 Million to Move Azulcocha Zinc Mine to Production

Vena Resources Inc. (TSX:VEM)(LMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF), a Company with strong partnerships with four of the world's largest mining companies, is pleased to announce that it has enhanced its agreement with Trafigura Beheer…

February 3, 2012

“Glenstrata” could flex muscles in iron ore

The $80 billion proposed merger of commodities trader Glencore and Swiss-based miner Xstrata could lead to a fresh round of acquisitions in iron ore, Reuters is reporting today.

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

HudBay to Purchase 9.9% of Northern Shield

Northern Shield Resources Inc. ("Northern Shield") [TSX-V: NRN] is pleased to announce that it has entered into a subscription agreement with HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) ("HudBay") pursuant to…

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.

January 30, 2012

Zinc-air batteries for electric vehicles

Will Zinc-air batteries ever replace lithium-ion battery for long-range electric cars?

January 28, 2012

Oman mining and quarry sector poised for growth

Tiny Oman, the Sultanate perched on the southeast tip of the Arabian peninsula, is setting up for a quantum leap in mining, the Oman Daily Observer reports in an article…

January 28, 2012

Capstone plans to boost copper, zinc output

Capstone Mining Corp. is forecasting a slight pickup in production volumes in 2012, when it expects to produce about 80 million pounds of copper in concentrates at its Cozamin and…