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Alrosa gets an A+ in social, environmental investments

The Russian miner allocates 3% of its revenue to social…

Chile taps China, Japan in lithium-for-tech push; faces tough sell

The world's No. 2 lithium producer has held global road…

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Astur Gold releases promising PEA

Astur Gold, based in Vancouver, is exploring for gold in northern Spain. The company’s Salave property is located a few kilometres from the village of Tapia on the Spanish coast. The company has released its preliminary economic assessment. Astur Gold CEO Cary Pinkowski talks about the study:

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Alacer Gold announces smooth production ramp up at the Çöpler Gold Mine in Turkey

Alacer Gold Corp is pleased to announce that production at the Çöpler Gold Mine in Turkey is ramping up smoothly. Initial recovery rates from the run-of-mine heap leach ores are very encouraging. Çöpler produced first gold as announced on December 22, 2010. Gold production at Çöpler was 512 ounces in December 2010 and 8,590 ounces in January 2011. In February 2011 production is expected to be approximately 9,000 ounces.

KGHM announces almost doubling in Q4 profits

The Polish miners beat market expectations announcing a strong fourth quarter on the back of surging metal prices and said it expects to see 2011 net profit jump to a record 8.35bn zlotys Poland's KGHM (KGHM.WA: Quote) almost doubled its fourth-quarter

Silvercorp up 4 per cent after positive preliminary assessment

Silvercorp announced on Thursday that it received a positive preliminary assessment for its Silvertip silver-lead-zinc project in northern British Columbia. Silvercorp's stock was up 4% on the TSX on Friday. The report prepared by Golder Associates favoured a small mine and mill operating seasonally at 500 tonne per day or 72,000 tonne per year. "The initial capital cost of the project is estimated to be $US49 million with sustaining capital costs over the remaining mine life (21 years) estimated at $US54.2 million. The payback period is estimated at 4 years for the base case and 2 years for the upside case after reaching commercial production."

Payout to Flathead miners is unfair says Association for Mineral Exploration British Columbia

The Association for Mineral Exploration British Columbia said on Wednesday that the agreement to compensate the miners for development work in the Flathead River basin are too low. "AME BC remains appalled by the lack of due process in reaching a timely and fair compensation agreement for the taking of mineral titles in the Flathead", stated Gavin C. Dirom, President & CEO of AME BC in a press release.