May 2, 2012

Bean counters taking over at Ivanhoe

Following the resignation of inveterate dealmaker and founder Robert Friedland a fortnight ago, Rio Tinto insiders and Arthur Andersen alumni have been appointed to lead Ivanhoe.

May 2, 2012

New Guinea Gold announces management cease trade order and provides default status report

As a result of the Company's delay in making the Annual Financial Filings, on May 1, 2012, the BCSC issued the MCTO which imposes restrictions on all trading in and…

May 1, 2012

2011 wages for US metal and industrial mineral mines

There are conventionally 2,080 work hours in a year. Thus somebody earning a wage of $20 an hour gets the equivalent of a salary of about $42,000. Considering the mine…

May 1, 2012

Think outside the grid with Visual MODFLOW® Flex

Improve model credibility, reduce uncertainty and gain confidence in your groundwater models with Visual MODFLOW Flex (VMOD Flex*) - a revolutionary groundwater modeling system that integrates 3D grid-independent conceptual modeling…

May 1, 2012

Latest version of Gemcom GEMS delivers world’s first block model conversion engine

Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that it has released Gemcom GEMS™ 6.4, the latest version of its collaborative geology and mine…

May 1, 2012

Red mettle: Has China cornered the copper market?

58% of the world’s refined copper is now stockpiled in China, an increase of 40% in just six months. Traders say the country may hold as much as three quarters…

May 1, 2012

Allana’s optimistic Danakil Depression resource estimate lifts stock 9.8%

Allana Potash (TSX:AAA) surged 9.8% on Tuesday on higher than usual trading volumes, after upping the resource at its Danakhil project by 90%.

May 1, 2012

Japan and India sign rare earth deal to reduce dependency on China

Japan and India have reached a basic agreement to jointly develop rare earths, used in the production of several high-tech goods from weapons to cell phones, and supply Tokyo with…

May 1, 2012

CEO Interview: Portugal Has Potential To Become A Significant Gold Producing Nation

Portugal could emerge as an important gold-producing country, and recent drill results from the southern region of the country show strong gold grades.

May 1, 2012

Diamonds second only to gold when it comes to safe investments

Bella Ideale Diamonds, a company that sells jewellery and provides strategies for diamond investing, claims that certain high quality diamonds exceed investment returns of traditional investments and are second only…