Mining industry gets an on-line auction marketplace of its own
Mine Source Inc. launched a site in which it makes use of its decades worth of mining knowledge and contacts to market solely to the mining industry.
Latest Stories
Investors salivating over Aurico payout after it offloads Mexico properties for $750 million
AuRico Gold shot up 21% on Wednesday on massive volumes, after announcing it has offloaded a mine and two exploration projects and sold half of a development in Mexico to a local company.
Up to 2,000 Chinese miners on their way to British Columbia to fill jobs Canadians can’t do safely
The full time workers follow $1.4 billion in Chinese funding for two coal projects in the northeast of the province because Canadians "just don't have the experience" to operate underground equipment safely.
Centerra Gold says independent report proves claims against Kumtor mine groundless
Canadian Centerra Gold (TSX:CG) said Tuesday an independent assessment of a Kyrgyz Republic Parliamentary report backs the company’s view that the report’s allegations against its Kumtor gold mine are unfounded.
Alcoa’s results lead markets down
US and Canadian markets dipped on Wednesday as earnings season began with Alcoa (NYSE:AA), the world's leading producer of aluminum, forecasting slower demand for the metal.
Study finds little environmental impact from oil sands
In 2010, a single oil-sands operation run by Suncor Energy released into the atmosphere 28,940 tonnes of volatile organic compounds, 22,210 tonnes of sulphur dioxide and 14,011 tonnes of particulate matter.
Lumina Copper not ready for a takeover this year
Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.
Kinross Gold’s CFO leaves, two months after CEO replaced
Only two months after swapping CEOs, Kinross Gold Corporation (TSX: K; NYSE: KGC) has announced its chief financial officer, Paul Barry, is leaving the company “to pursue other interests.”
First Majestic produces a record 2.44 million silver equivalent ounces in third quarter
Production at its four operating mines in Mexico increased 36% in the third quarter of 2012, compared to the same period last year.
