Guyana Goldfields vaulted 15.8% on Thursday, after raising just shy of $26 million from an institutional investor and its CEO, and announcing a revised feasibility study for its Aurora gold project in Guyana.

The company we will use the funds to bring its Timmins West Mine in Ontario Canada to full production, complete mill expansion and advance underground work at its other producing mine Bell Creek.

The Chinese economy is likely to land softly, rather than with a jolt, with growth forecast at 8.2% this year and 8.6% in 2013, according to The World Bank.

The price oil sands producers receive improved to $34.50 a barrel below the international benchmark on Thursday after a 7.4% overnight spike, close to its best level for the year and a 50% improvement from the multi-year lows struck at the beginning of March.

David Suzuki Foundation says Quebec, Ontario and B.C are "Very Good" regarding climate initiatives while Alberta and Saskatchewan rank as "Worst".

With nearly 6 million tonnes mined each year, Chile is the world’s chief copper producer. Now, it turns out the country could someday become a leader in gold production as well, giving its neighbour, Peru, a run for its money.

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on mining exports, the industry minister Mohamad S. Hidayat told Reuters today.

Chile's Compañía de Acero del Pacífico (CAP) will invest nearly US$700 million this year to develop its iron ore projects in the country, president Roberto de Andraca told reporters attending Expomin, one of the world's most important mining exhibitions, in Santiago.

After listening to customer demands for reliability and even greater production in ultra-large hydraulic excavators than before, Hitachi brings its new EX5600-6 to market. Available in either an excavator or backhoe configuration, the EX5600-6 has numerous improvements without losing the proven features Hitachi machines are known for.