Hudbay Minerals (TSE:HBM) rang in the fourth quarter with a $34.3 million profit or 21 cents per share, compared to $7.9 million or seven cents a share at the end of 2010.

VANCOUVER, March 7, 2012 /CNW/ - Extorre Gold Mines Limited (AMEX: XG; TSX: XG; Frankfurt:E1R, "Extorre" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which Canaccord Genuity Corp. (the "Underwriter"), has offered to purchase, on a bought deal private placement basis, 3,530,000 common shares (the "Shares") of the Company at a price of C$7.10 per Share for total gross proceeds of C$25,063,000 (the "Offering").

ATCO announced on Monday that it has been awarded a multimillion-dollar contract to design, build and operate a 2,586-person turnkey workforce housing lodge for BHP Billiton’s Jansen Potash Project, 100 km north of Regina.

Dr. Guido Bartels, chairman of the Global Smart Grid Federation, told Israeli business publication Globes that an investment in smart meter technology can't be avoided, otherwise electricity prices will skyrocket.

Despite the Ontario government’s efforts to avoid a confrontation between Kitchenuhmaykoosib Inninuwug (KI) community members and God's Lake Resources representatives during the world’s leading mining exploration Convention, PDAC, the conflict keeps escalating. Today, KI Chief Donny Morris released a video, shot at Sherman Lake site yesterday, where he is settled to stop any advance from small Canadian mining exploration company God’s Lake Resources (GLR).

Brazilian mining giant Vale (NYSE: VALE) has contacted China's second largest container line China Shipping Group to negotiate a way for its very large ore carriers (VLOCs) to dock in Chinese ports again

Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.

Japan imported $72.3 million worth of polished diamonds in January, starting the year with a decline compared to January and signaling the end of a nine-month long rise in diamond demand.