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.
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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.
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.
New Mining School in New Zealand
As the Press reports, the Tai Poutini Polytechnic in New Zealand will offer new degrees in mining as a respond to the […]
Potash Corp. cuts profit hopes as earnings slide
Potash Corporation of Saskatchewan Inc. reported a sharp drop in second-quarter earnings on Thursday as well as lower than anticipated profits.
Vale the newest casualty of China’s slowdown
Brazilian mining giant, Vale SA, became the latest casualty of China's economic slowdown on Wednesday as its second-quarter profit fell almost 60% driven mainly by a weaker demand for iron ore coming from the Asian country.