Avanti pops 20% after securing $640 million loan for moly mine
Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.
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ENRC swallows Kazakhstan coal producer for $600 million
Eurasian Natural Resources Corporation (ENRC) has paid US$600 million for the remaining 75% of Kazakhstan coal producer Shubarkol Komir.
Gold miners vs ETFs. Round 2
Should gold mining companies pay dividends to attract investors who are pouring money into gold-backed exchange traded funds?
Former Oilers owner accused of defrauding investors over Arizona gold mines
Peter Pocklington, the former owner of the Edmonton Oilers hockey team, is accused of making false claims about Arizona gold mines and defrauding investors out of millions, says a report in The Calgary Herald.
Chilean mining industry faces looming energy crisis
Chile will not be able to keep mining for copper, gold and other minerals if the government does not address the country's pressing energy needs, a mining conference in Santiago heard this week.
Honda would like those rare earth metals back
In another attempt to reduce its dependence on China's strangehold on rare earth element supply, Honda announced that its dealers will start to recycle old cars to extract the rare earth metals from the nickel-metal hydride batteries.
Not at the top: rare earth ranks fifth for supply risk
In a supply risk index of chemical elements that are of economic value, four elements placed ahead of rare earth.
Investors ride SilverCrest wave
SilverCrest Mines jumped as much as 9% on Thursday on higher than usual trading volumes, after announcing silver production doubled and gold output tripled at its Santa Elena mine in Mexico.
Asian investors pile into South American Silver with $16 million private placement
South American Silver has inked a $16 million deal with Asian investors to go towards its exploration projects in Bolivia and Chile.
