MINING.COM

Stock falls over and CEO resigns after a ‘near-term liquidity challenge’ at Great Basin Gold

Great Basin Gold's stock was cut in half and Ferdi Dippenaar, the company's CEO, resigned after it announced liquidity problems in its second quarter.

Michael Allan McCrae | August 16, 2012 | 5:28 am

‘Tantamount to selective reporting’: analyst on Barkerville Gold’s 43-101

The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in his opinion of the 43-101 that Barkerville Gold released on Monday night.

Michael Allan McCrae | August 16, 2012 | 4:56 am

China’s expansion a risk for Western mining interests in Africa

China's rapid expansion in the African continent brings both risk and peril to Western mining companies operating in the region.

Marc Howe | August 16, 2012 | 12:15 am

Do hedge funds still have faith in gold?

Over the past three months, gold has been in a tight trading range between $1,540 and $1,640. However, several well-known hedge funds recently made large moves regarding the safe-haven asset.

Eric McWhinnie - Wall Street Cheat Sheet | August 15, 2012 | 11:04 pm

China’s ‘golden years’ over says Vale

"We are not going to see the spectacular growth rates of 10, 12 percent per year."

Frik Els | August 15, 2012 | 8:51 pm

Has gold demand reached a Chinese summit?

That's what Cameron Alexander of GFMS set to find out.

Joshua Zapf | August 15, 2012 | 5:25 pm

For the mining exec who has everything: A copper keyboard

The latest copper product destined for the world's hospitals, or the boardrooms of mining companies looking for something a little bit different on the corporate gift register this Christmas.

Frik Els | August 15, 2012 | 5:18 pm

Faith in BHP’s Outer Harbour fading fast

New doubts have emerged over world number one miner BHP Billiton's (LON/ASX/NYSE:BHP) $20 billion outer-harbour project at Port Hedland, Australia, with big names such as JPMorgan and Deutsche Bank saying they expect it to be axed.

Cecilia Jamasmie | August 15, 2012 | 2:46 pm

First Majestic Q2 earnings plunge 50% despite increased production

Mexico-focused First Majestic Silver's (TSX:FR) (NYSE:AG) joined the group of silver producers that have been hit hard by the falling prices of the precious metal, as the company’s reported a profit drop of 50% year-on-year in the second quarter.

Cecilia Jamasmie | August 15, 2012 | 1:54 pm

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