May 2, 2012

Northern Graphite plans to open Ontario mine next year

If the timeline holds, Northern Graphite’s (TSXV:NGC) Bissett Creek Project will be one of the first graphite mines to open outside China since the 1990s.

May 2, 2012

Rick George hands over reins of oilsands pioneer Suncor

If Rick George was company builder at oilsands pioneer Suncor Energy Inc., Steve Williams has been the operator and is now executor of a growth plan put into place long…

May 2, 2012

Northern Shield intersects gold and silver mineralization at Tempest

Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce results from the five hole drill program completed to date at Northern Shield's 100% owned Tempest property, in…

May 2, 2012

Polyus Gold advances London premium listing after share sales

CEO German Pikhoya says he hopes the premium listing in London will happen in the near future after the gold miner sold stakes to China's CIC and Russia's VTB bank…

May 2, 2012

Avanti outlines silver credit as key to financing Kitsault moly project

Avanti Mining (TSX-V: AVT) put legs under its business plan to sell a silver stream from its Kitsault molybdenum project in BC, Canada, outlining results of metallurgical tests that show…

May 2, 2012

Rio Silver signs community agreement for its Niñobamba project in Peru

Canadian junior Rio Silver Inc. (TSX.V: RYO) announced it has signed a community agreement to begin the initial exploration program at its flagship Niñobamba silver project, located about 330 kilometres…

May 2, 2012

New watchwords at BHP: sequencing, discipline, cash flow

BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.

May 2, 2012

Malaysia rejects Lynas lawsuit against opponents of its rare earth project

The High Court of Malaysia today rejected Australian miner Lynas Corp’s (ASX:LYC) application for an injunction against pressure groups that oppose the company’s rare earth plant (LAMP), informs The Malaysian…

May 2, 2012

US metal and industrial metal mine salaries for 2011

There is no such thing as an average miner.  There is no such thing as an average salary.  Yet we can get some idea of how well mining people are…

May 2, 2012

Barrick makes investors day by hiking dividend 33%

Barrick Gold Corp. (TSX:ABX) increased its quarterly dividend by 33%, as the company announced Wednesday a 3% increase in its first-quarter profit.