Markets single - MINING.COM

Markets single - MINING.COM

Copper $ 5.584 / lb 0.17%

Brent Crude Oil $ 61.2 / bbl -0.07%

Palladium $ 1700.5 / ozt 0.44%

Crude Oil $ 57.79 / bbl -0.03%

Natural Gas $ 3.955 / Btu 0.20%

Silver Futures $ 72.18 / ozt 0.69%

Aluminum Futures $ 2941 / ton -3.26%

Micro Gold Futures $ 4362.4 / ozt 0.29%

Micro Silver Futures $ 72.19 / ozt 0.67%

Platinum $ 2173.2 / ozt 1.15%

Gold Futures $ 4363 / ozt -4.49%

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Diamond miner Harry Winston first quarter profit sparkles

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.

Cecilia Jamasmie | June 7, 2012 | 4:39 pm

Not enough R&D threatens future of oil sands

With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.

Cecilia Jamasmie | June 7, 2012 | 3:19 pm

S&P Capital IQ endorses Barrick Gold after major management shakeup

Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.

Cecilia Jamasmie | June 7, 2012 | 2:19 pm

Lake Shore Gold extends high-grade core at Gold River Trend

Canadian Lake Shore Gold Corp. (TSX:LSG) said Thursday it is extending the area of high-grade core at its Gold River Trend property, after analyzing results of seven new holes (1,440 m) of drilling.

MINING.COM Staff Writer | June 7, 2012 | 1:58 pm

Shale gas most likely solution to Chilean mining industry’s energy supply deficit: report

Shale gas may be the solution to one of the most serious problems the mining industry is facing in Chile: extremely high energy prices due to limited supply.

Cecilia Jamasmie | June 7, 2012 | 1:17 pm

Lumina Copper discovers two new copper mineralized zones at Taca Taca

Already with massive copper, gold and molybdenum deposit in Argentina, Lumina Copper now has two new copper mineralized zones.

Michael Allan McCrae | June 7, 2012 | 5:03 am

Woulfe Mining is raising $20 million to reopen South Korean tungsten mine

Woulfe Mining (TSX-V) is raising $20 million to reopen one of the world’s largest tungsten resources. The company announced on Wednesday that […]

Michael Allan McCrae | June 7, 2012 | 3:45 am

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

Cecilia Jamasmie | June 7, 2012 | 1:50 am

Churchill’s legal problems a warning to others in Indonesia

After having their assets seized without due compensation, the London based Churchill Mining, filed a law suit against the island nation for $1.8 billion.

Joshua Zapf | June 7, 2012 | 12:20 am

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