Miners have fun on April Fools
There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.
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Extorre gets 8% bump after announcing preliminary economic assessment
Argentinian gold and silver miner, Extorre Gold Mines (TSX:XG), announced a preliminary economic assessment showing their Cerro Moro gold-silver project producing 848,000 ounces of gold and 47.2 million ounces of silver.
Mali is quickly turning very ugly: Separatists, Islamists seize Timbuktu
Tuareg rebels aided by Islamists ransacked bars, banned Western-style dress and music and called for the imposition of Sharia law.
Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’
Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7% – 8% now.
Canada’s oil sands to more than double its workforce over the next decade: Report
The Canadian oil sands will need to more than double its workforce over the next decade, as expansion projects create new positions and existing workers retire, says the Petroleum Human Resources Council of Canada.
Prophecy up 4.8% after Southgobi deal puts Mongolian coal back in focus
Prophecy has more than 1.4 billion tonnes of surface minable coal resources at its flagship Chandgana project and is already producing at Ulaan Ovoo in Mongolia.
Abacus Mining looking for buyer, partner for B.C. copper-gold project
Canadian Abacus Mining and Exploration Corp. (TSXV:AME) is looking for potential buyers, partners or other alternatives under a strategic review initiated Monday, shortly after its partner moved to increase its holding in their B.C. joint venture.
Coal prices may be headed higher after BHP Billiton declares force majeure
BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.
Norwegian chemical company makes $40 million investment in IC Potash
IC Poatash popped 17% to $1.04 share on Monday after Yara International announced a $40 million "strategic investment" in the company on Friday.