August 5, 2011 Essar to invest 4 billion in Zimbabwe steel plant Essar plans to spend up to USD 4 billion in constructing a steel plant to process iron ore from Zimbabwe's Mwanesi resource within the next five years.
August 5, 2011 Liberty Mines’ ops still halted TSX-listed Liberty Mines posted a $4.3-million operating loss for the second quarter on Friday, as production still hadn’t started at its Ontario nickel operations remained halted after problems with its…
August 5, 2011 Canadian government collected 65% more revenue from mining firms in 2010 – MAC Mining companies are expected to invest more than $116-billion in Canada over the next five years, an industry body said on Thursday.
August 5, 2011 Northgate Minerals delivers bad news all round Canada's Northgate Minerals reported a wider quarterly net loss of $13 million hit by lower production and higher costs, and it lowered its full-year production forecast. Revenue fell 45% to…
August 5, 2011 Yamana Gold achieves records in revenue, cash flow and earnings Yamana Gold reported record net earnings, up 178%, and record adjusted earnings, up 122%, for the second quarter of this year.
August 5, 2011 Mining, energy sectors lead Canadian stocks lower Toronto’s main stock index closed down 435 points Thursday as Japanese intervention in the yen and concern over the spreading sovereign-debt crisis sent the U.S. dollar soaring, and oil and…
August 4, 2011 ‘Queen of Diamonds’ departs Stornoway Eira Thomas, the renowned diamond geologist whose spectacular success in the diamond exploration game earned her the moniker 'Queen of Diamonds', has resigned from the company she helped found, Stornoway…
August 4, 2011 Despite Japan, one of best decades ahead for uranium – Cameco’s Gitzel TORONTO (miningweekly.com) – Cameco, which reported a 23% drop in second quarter profits on Thursday, said despite again lowering its uranium demand growth projections, it expects the decade ahead to…
August 4, 2011 Cameco profit drops 23%; lowers demand forecast Canada's largest uranium producer lost 23% of its profits in the second quarter, as uranium sales volumes declined. In announcing its second-quarter results Thursday, Saskatoon-based Cameco also lowered its industry…
August 4, 2011 Rio Tinto investors wake up Thursday $10 billion poorer Rio Tinto reported a surge in profits due to strong demand in Asia and higher metals prices on Thursday but shares in the company spiked lower in New York, opening…
TD Securities closes silver short in model‑portfolio update Spot silver jumped about 6.7% on Wednesday to a record high of $93.57 an ounce. January 15, 2026 | 07:23 am