First Uranium to lay off 1,850 employees at South African mine
First Uranium said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa.
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Newcrest Mining reduces gold production guidance by 150,000 oz
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’s stock is up 17% after announcing four billion pound copper resource
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.
Gold sees losses as Fitch downgrade warning hurts euro
Gold prices eased on Monday as a warning from Fitch Ratings that it may downgrade France and six other euro zone countries hurt stocks and the euro.
London Mining delays first Marampa shipment
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.
China unlikely to hit nuclear power target
If the uranium industry was hoping that China would be the tide that floats all boats, it will have to wait longer than expected.
Mining industry warned of fire ant infestation in S. Australia
It sounds like something out of a B movie trailer or if you're old enough to remember, an episode of Swiss Family Robinson.
Company wants to reroute U.S. 95 to mine near Goldfield
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.
