Primero gives Q2 results
"Primero achieved its strongest quarter to date. San Dimas delivered record gold and silver production, record profit margins and record operating cash flow for Primero."
Latest Stories
Three people shot dead after mob rushes Aquarius Platinum mine
Three protestors are dead and 20 are injured at Aquarius Platinum's Kwezi shaft when 200 disgruntled former contractors, some carrying petrol bombs, forced their way onto the company's property.
Royal Nickel gets $12 million of government help for its $1.8 billion Dumont nickel project
Royal Nickel (TSE:RNX) announced that the Ressources Québec, a resource investment arm run by the province, gave the company $12 million in return for 0.8% of the net smelter return of the Dumont Nickel Project.
Miners will head to Newfoundland or Ontario if Quebec increases royalty rates: KPMG
A study of Quebec's royalty rates for miners, which was hurried out before the provincial election, warned the government not to dip its hand any deeper into resource company pockets.
Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low
Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share to build its seabed mining system.
Mining in Bolvia is ‘different’
Theo Stromer published a pictorial on CNN looking at cooperative mining in Bolivia, as well as the damage caused to the environment and the miners themselves in a region that lacks modern safeguards.
No more queuing – LME embarks on warehouse review
LME's warehousing operations "have been dogged by controversy since big banks and trading houses including Goldman Sachs and JP Morgan Chase bought warehousing operations."
BHP’s performance on the ground fails to lift shares off 3-year lows
The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.
China’s lower manufacturing reading masks ‘notable rebound’
After adjusting for seasonality, the reading shows that the manufacturing sector is actually improving, thanks to the slew of stimulus measures implemented by the Chinese government.