Yukon-Nevada Gold Corp. slips to loss in second quarter
Canadian Yukon-Nevada Gold Corp. (TSX:YNG) reported it slipped to a loss in its second-quarter due to the absence of prior year's gain and higher costs.
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Lucara to sell less diamonds than projected from its Botswana mine
Canada’s Lucara Diamonds (TSX:LUC) shares went down over 3% on Friday after the company said it expected to sell 23% less diamonds this year from its flagship Karowe mine, in Botswana.
Myanmar is open for business and ready for a gold rush
Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.
Mine Rescue Contest: “Mine Safety Through Education and Training”
The Virginia Mining Institute has held a 3 day mine rescue contest in Blacksburg with several teams from different states. As reported […]
Highland Gold production up 9.5%, on track for output target
Russian gold miner Highland Gold said Friday it is on track to meet its full-year output target of 200,000-215,000 troy ounces of gold and gold equivalents.
Russia drafts a bill to woo foreign investors
Russian gold reserves represents roughly 10% of the world's total supply. However, foreign companies are leery to move into a country that regulates gold reserves over 50 tonnes to be that of 'federal significance'.
Mexico halts operations at 32 coal mines over safety fears
The Mexican government halted operations at the coal mines in the northern state of Coahuila on Thursday due to safety issues that have already caused the death of 13 coal miners in the last three weeks.
Quebec-Labrador railway may spark iron ore boom
The Canadian National Railway and the Caisse de depot pension fund manager are studying an infrastructure project for the Quebec-Labrador iron belt, which may be what Canada needs to become one the world’s major iron ore producers.
Analysts say dump Lynas
Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced the company to halt operations in Malaysia.
