November 27, 2011

Draft mining bill provides for royalty sharing in India

The Indian government set up a group of ministers to look into the proposed new draft Mines and Minerals (Development and Regulation) Bill, 2011. The cabinet considered the recommendation of…

November 24, 2011

Quebec mining investment at an all-time high, up 43% from 2009

The mining industry in Quebec is roaring, with $2.92 billion in investment in 2010, up from 43% in 2009. The Institut de la statistique du Québec, which released the findings…

November 24, 2011

Talk of conflicts of interest as LME shareholders jockey for position in takeover battle

By buying the stake held by defunct broker MF Global, JP Morgan has dramatically boosted its influence in the battle to acquire the London Metal Exchange. As the biggest shareholder…

November 22, 2011

New hoist to increase production at George Fisher mine – one of the world s largest zinc reserves

gfm.jpg ABB recently won a $24 million order to supply a complete ore hoisting solution for Xstrata Zinc’s George Fisher mine (GFM) located near Mount Isa in northwest Queensland, Australia.…

November 21, 2011

ABB awarded $24 million mine hoist order

ABB, the leading power and automation technology group, recently won a $24 million order to supply a complete ore hoisting solution for Xstrata Zinc's George Fisher Mine (GFM) located near…

November 21, 2011

Fieldex Exploration announces maximum $2 million private placement

Fieldex Exploration Inc. (TSXV: FLX) (Frankfurt: F7E) announces that it has entered into an engagement letter with Industrial Alliance Securities Inc. for a best-efforts private placement of "flow-through" units and…

November 21, 2011

Cash-flush Silvercorp buys China mine number seven

Emerging from a short and distort saga awash in cash, Silvercorp Metals on Monday announced the acquisition of SX Gold, a mining concern controlled by the Luoyang city government in…

November 20, 2011

B.C. Liberals’ changes to Mines Act spark protest

Premier Christy Clark is about to find out her plans to chip away at the mountain of bureaucracy facing mining developments in British Columbia won't be an easy climb if…

November 20, 2011

Contractor succumbs to injuries at Hecla Lucky Friday Mine

Brandon Lloyd Gray, a 26-year-old miner critically injured at Hecla Mining's Lucky Friday mine on November 17, succumbed to his injuries early Saturday morning with his family at his side.…

November 18, 2011

Teck Recommends That Shareholders Reject "Mini-Tender Offer" by TRC Capital

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation…