February 24, 2012

Newmont slides after taking $1.6 billion Arctic hit

Shares in Newmont Mining was down 2.7% on Friday after the company announced a $1.6 billion charge after mothballing its Hope Bay project in northern Canada.

February 24, 2012

Anti-asbestos motion fails

A motion asking the Quebec government to withdraw its offer to finance the province's remaining asbestos mine has failed.

February 24, 2012

Canadian Mandalay Resources delays shipments to Chile due to ongoing protests

Canadian miner Mandalay Resources (TSX: MND, MND.WT) announced today that scheduled shipment of concentrate for February from the Cerro Bayo silver-gold mine in Chile has been delayed due to increasing…

February 24, 2012

New Saskatchewan gold dig gets green light

The Saskatchewan government has given approval for Golden Band Resources Inc. to open its Golden Heart gold mine in northern Saskatchewan.

February 24, 2012

Centerra Gold announces $1 billion revenue milestone

Canadian gold company Centerra Gold’s shares were up over 2% this morning as the company reported a $1 billion revenue milestone in 2011.

February 24, 2012

Osisko Mining’s Malartic mine lifts Q4 profit

Helped by a strong performance at its Malartic mine, Osisko reported a C$37.8 million 4Q net profit.

February 23, 2012

San Gold announces $15.0 million private placement

Funds to Advance Rice Lake Exploration Programs

February 23, 2012

Wind turbines on their way to diamond mine

The job of putting up the proposed hybrid wind farm at Diavik Diamond Mine has begun. Trucks are beginning to take the blades for the windmills and its other components…

February 23, 2012

Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy…

February 23, 2012

Mega Uranium completes acquisition of Canadian exploration assets

TORONTO, Ontario (February 23, 2012) – Mega Uranium Ltd. (TSX: MGA) (“Mega”) is pleased to announce that its previously announced acquisition of […]