Colt Resources on a roll in Portugal
Colt Resources (TSX-V:GTP) added 5.9% on Thursday on higher than usual trading volumes, after announcing positive drill results from its Boa Fé gold project in southern Portugal.
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Avion Gold languishing near 52-week low despite almost doubling resources in Mali
Shares of Avion Gold failed to recover on Thursday after taking a 28% pummeling the day before, despite announcing vastly improved mineral resources at its Tabakoto Project in Mali, West Africa.
New Canada Wide Training Program for First Nations: Northern Aboriginal Machinery School (N.A.M.S.)
The Mining Industry shall have more First Nations tradesmen joining the workforce in the near future. The Northern Aboriginal Machinery School (N.A.M.S.) […]
Protesters want Rio Tinto off the Olympic podium
A protest against London 2012 sponsor Rio Tinto (LON & NTSE:RIO), which has supplied the metal to make the Olympic and Paralympic medals, welcomed the company’s shareholders this morning in Brisbane, Australia, where the annual meeting of the company’s board was taking place.
AngloGold profit almost double in Q1 and plans investments of $1.9 billion to boost production
Africa's largest gold miner AngloGold Ashanti (NYSE:AU) posted first-quarter earnings Thursday of $429 million, which more than double the same period last year, despite a drop in production on the year.
African Barrick goes ahead with Tanzania’s Bulyanhulu expansion
African Barrick Gold (LON:ABG) shares rose 6% today as the miner announced its board has approved a $185 million expansion at Bulyanhulu, its underground gold mine in Tanzania.
BHP merging embattled aluminum and nickel divisions
BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with another struggling division: aluminum.
Rio Tinto bullish despite Europe woes
Rio Tinto, the world's third largest miner behind BHP Billiton and Vale, is bullish on the demand for commodities despite renewed volatility in Europe and the risk of financial contagion.
Rinehart’s latest legal move means her kids probably won’t see a dime of her $18 billion fortune
Except for Ginia of course, the only child who is not suing Gina for control of the family trust.
