August 1, 2013

TransCanada going ahead with west-east oil pipeline

It will move 1.1 million barrels of crude per day from Alberta to New Brunswick

August 1, 2013

South African Essa distributor gets major order from Russian gold mine

Labtech Africa, the sole South African distributor for the FLSmidth range of Essa sampling and sample preparation equipment, is preparing one of the biggest orders the company has received in…

August 1, 2013

Barrick keeps hurting: about $13 billion written off this year and a $8.6bn loss

In the wake of lower prices for gold and copper.

August 1, 2013

Kumtor mine boosts Centerra Gold’s quarterly results

The company is continuing negotiations with the Kyrgyz government about a possible restructuring to resolve all outstanding concerns relating to the Kumtor mine.

August 1, 2013

Ben Bernanke does not control the gold price: World Gold Council

Council warns against putting too much weight on QE.

August 1, 2013

HudBay: another casualty of weak metals prices announces millions in losses

$59 million drop in total revenue compared to Q2 2012.

August 1, 2013

A new SAMSON presence in Latin America

We have taken the step to embed Pepe de la Torre permanently into the region in Santiago, Chile.

July 31, 2013

Kinross posts $2.4 billion net loss in Q2

$2.29 billion non-cash write-down and Tasiast mine expansion on hold.

July 31, 2013

The XR4 is a mid-size model of the Xcentric® Ripper

The Ripper is no ordinary hammer.

July 31, 2013

Canadian Oil Sands more than doubles profit in Q2; CEO retires

Company down on Toronto exchange.