Newmont sees earnings dive on dismal output
Newmont Mining's (NEM) second quarter earnings plunged 28% compared to the same period last year on reduced gold and copper output.
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Silver Wheaton not fazed by Pascua-Lama delays
Silver Wheaton will be paying less than $4 an ounce to take the precious metal of Barrick's hands.
Argus Metals drops 44% on the day
Reports that assays contained "interesting enrichment in certain rare earth elements" and that gold mineralization was not tested in the area, were not enough to deter investors from dumping the stock – which traded at 17 times the normal volume.
Barrick’s Donlin move cuts Novagold stock off at the knees. Novagold says it’s ‘encouraged’, Paulson not so much
NovaGold lost over 25% on Thursday, after Barrick said that the Donlin JV with Novagold doesn't meet its investment criteria. Novagold tried to make the best of the news, but shareholder John Paulson suffered another blow to his $21 billion fund.
US Silver investors welcome hostile Hecla with open arms
US Silver responded today by saying it's studying the offer and for now the much lower valued RX Gold & Silver deal stays in place.
Net income down? Agnico-Eagle isn’t worried
Despite a drop in net income, from $68.9 million last Q2 to this year's $43.4, the miner saw an increase in revenue, gold production and, as a result, a pleasant 8.5% rise in stock price.
Goldcorp’s 2012 second quarter results
The company reported a 20% drop in its adjusted Q2 earnings due in part, says Goldcorps CEO, to the operating problems at its Penasquito and Red Lake projects.
New Mine Safety Centre at the University of Utah
The University of Utah created a new Center for Mining Safety and Health Excellence to help those who depend on the mining industry, university President David Pershing announced.
Powerscreen launches new Warrior 1400X screen
Powerscreen, one of the world’s leading providers of mobile crushing and screening equipment, launches the new Warrior 1400X screen.