Newcrest Mining (ASX:NCM) said it will produce about 150,000 oz less gold in its 2011/12 financial year due to production disruptions at Cadia Valley and Lihir, and lower feed grades and recoveries at Telfer.
South American Silver (TSE:SAC) stock shot up 17% in morning trading today on the Toronto Stock Exchange to $1.62 a share after the company announced the findings from its NI 43-101-qualified resource estimate of the company's Escalones copper-gold-silver project in central Chile.
The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax sized vessels.
The main road connecting Las Vegas and Reno could be rerouted near the central Nevada town of Goldfield to make way for something older than the Silver State itself: a mining boom.