MINING.COM

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.

Frik Els | July 26, 2012 | 8:10 pm

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.

Frik Els | July 26, 2012 | 7:04 pm

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.

Joshua Zapf | July 26, 2012 | 6:52 pm

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.

Joshua Zapf | July 26, 2012 | 5:42 pm

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.

MINING.COM Staff Writer | July 26, 2012 | 5:27 pm

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.

Powerscreen | July 26, 2012 | 4:45 pm

Ex convicts to fill out job vacancies at Billiton’s Olympic Dam

While the Australian government has started allowing miners to hire foreign workers to ease a labour shortage in the country, some companies such as BHP Billiton and Rio Tinto have chosen to launch their own recruitment initiatives.

Cecilia Jamasmie | July 26, 2012 | 3:54 pm