December 22, 2012

Russia boosted titanium, magnesium output on 11M 2012

Crude titanium output in Russia in January-November 2012 increased by 23.7% YoY, the federal statistics agency has reported.

December 21, 2012

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2…

December 21, 2012

Copper Mountain announces 2013 production guidance

Copper Mountain Mining Corporation (TSX: CUM) is projecting 2013 production of approximately 80 million pounds of copper, 35,000 ounces of gold, and 315,000 ounces of silver.

December 21, 2012

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s…

December 21, 2012

Fracking activities polluted Alberta’s groundwater: ERCB

Leaked fluid from fracking activities polluted groundwater after a “serious” incident at a well site near Grande Prairie, a city in the northwestern part of the Canadian province of Alberta,…

December 21, 2012

Ritchie Bros. conducts final auctions of 2012 and sets new records

Record $3.9 billion of equipment sold in 2012, including $1.3 billion sold to online bidders

December 21, 2012

Stat-X Protects Northern Michigan Mine

Fireaway Inc. is pleased to announce that their certified distributor, IMECO Inc. has completed the installation of Stat-X Condensed Aerosol Fire Suppressions systems at two (2) Northern Michigan Mine Operations.

December 21, 2012

HD Mining’s Murray mine boosts B.C. economy

HD Mining, the Vancouver-based company that in early October sparked controversy with its plan to hire 2,000 Chinese miners for its proposed Murray River Project, is one step closer to…

December 21, 2012

Disconnect between metal futures and physical is excessive — Maguire

Silver market trader and whistleblower Andrew Maguire told King World News the disconnect between gold and silver futures markets and the physical markets has reached an extreme rarely seen before.

December 21, 2012

Brazil doubles gold reserve to highest level in 12 years

Brazil increased gold reserves for a third month in November to double the country’s holdings since August, reaching levels not seen since November 2000.