Lundin Mining Corp. (TSX:LUN) says an assessment of its Aguablanca mine suggests full operations will likely restart in 2012 after a shutdown in December due to heavy rains, according to a report in The Brandon Sun:
The base metals miner says it plans to spend the year preparing the mine to guarantee the operation's viability and safety after an assessment at the nickel mine in Spain.
The Canadian junior gold miner said it was reasonable to expect that the Namibian operation would go into production within three years Canadian junior gold miner Auryx (AYX.TO: Quote) says its planned Namibian Otjikoto mine should be capable of
Here at Endeavour Silver we've learned that our shareholders and investors appreciate educational tools; something to help them understand their investments in silver a bit better. In the past we've produced two brochures that are available both electronically and in hard copy. They're called "Silver Fundamentals- Supply & Demand" and "Silver Facts & History" and they are very popular with the public. For years, they have consistently been the most downloaded files on our website.
To further this educational process, we decided to produce a series of videos. The first one is now finished and it's titled "How Silver is Mined". It was a bit long so we ended up dividing it into two parts, both are about seven minutes long. In the link below is Part 1 and we'll be distributing Part 2 next Wednesday, March 23rd.
The University of Alaska Southeast secured funds which will allow it to become the first school in the United States to operate a state-of-the-art mining simulator: announced Wednesday at a mining trade show in Juneau.
The simulator contains three modules which will allow students to train with different equipment in order to better prepare them for entry-level positions in mines, according to a release from UAS.
“This was the missing piece of the puzzle for training miners from Alaska to be productive and safe from the first day on the job,” said Dennis Steffy, director of the University of Alaska’s Mining and Petroleum Training Services, in the release. “It will vastly improve the opportunities of students for mining employment. In addition, salaries will stay in Alaska instead of going to other western states.”
Britain's Serious Fraud Office on Wednesday said it had made five arrests as part of an investigation into allegations of fraud related to the sale of four mines in South Wales.
In an appearance on Canada's Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: "We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month." It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation.
Timmins has repeatedly raised concerns regarding the process by which the Capital Gold Board of Directors selected Gammon's proposal, a process that Timmins believes favored Gammon over all other bidders.
Canada's Aurizon Mines reported a 37 percent drop in quarterly profit, hurt mainly by higher exploration expenses.
The mid-tier gold miner reported net income of C$6.2 million($6.3 million), or 4 Canadian cents a share, compared with net income of C$9.9 million, or 6 Canadian cents a share, last year.
Shares in Great Panther Silver rose after it said it expects to produce 1.94 million ounces of silver in 2011, up from the 1.5 million ounces it produced in 2010.