MINING.COM

Obama airs ad attacking Romney for saying coal kills

The ad start by touting Obama support for the clean coal industry specifically in Ohio where coal production has increased 7% since Obama took office and then quotes from a 2003 speech Mitt Romney made at the Salem Massachusetts coal plant.

Frik Els | August 9, 2012 | 10:05 pm

Osisko reports second quarter 2012 results

Q2 highlights include gold production of 92,003 ounces, a new quarterly record, operating cash flow of $55.7 million and record mill throughput and mined tonnage.

Marketwire - Mining and Metals | August 9, 2012 | 8:05 pm

Meet China’s new rare earth mega-company

China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner, the new “mega-corporation” will “team up” with rare earth producers in the provinces Shandong, Gansu and Sichuan.

MINING.COM Staff Writer | August 9, 2012 | 7:30 pm

Gabriel Resources up 17% as big bets placed Rosia Montana is happening

Shares of Gabriel Resources climbed 17.7% in heavy volumes on Thursday, bringing its gains since last Friday to 32% as ongoing turmoil in Romanian politics are being interpreted as positive for the Canadian company's plans to build a massive gold mine in Transylvania.

Frik Els | August 9, 2012 | 7:23 pm

Long-suffering Kinross investors welcome cost-cutting chief

"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."

Frik Els | August 9, 2012 | 5:59 pm

Randgold posts record production from its Mali mine despite unrest

Gold producer Randgold Resources posted today strong results for its second quarter production and profits, despite the ongoing political turmoil in Mali – where it extract two-thirds of its gold output.

Cecilia Jamasmie | August 9, 2012 | 5:31 pm

Federal Government Extends Funding of Aboriginal Mine Training Association

The British Columbia Aboriginal Mine Training Association (BC AMTA) will get an additional amount of $10 million funding over 3 years from […]

Susanne Iberle | August 9, 2012 | 5:31 pm

Mining equipment maker Bradken shy on investments despite record profit

Australian industrial equipment maker Bradken said it would take a careful approach to spending in the face of "limited visibility" caused by the global economic woes.

Cecilia Jamasmie | August 9, 2012 | 4:18 pm