March 30, 2012

China rolls out early-warning system for coal mines

China Daily reports on a new tracking system in China designed to give early warning of dangers in coal mines.

March 30, 2012

Zenyatta scream higher ahead of graphite discovery drilling results

Without any official news, Zenyatta Ventures shareprice skyrocketed almost 60%. Meanwhile it awaits results from drilling on a new graphite discovery.

March 30, 2012

Opinion rolls in on Budget 2012

The resource sector liked it and the environmentalists were less keen on Budget 2012.

March 30, 2012

BHP iron ore chief quits

Ian Ashby, BHP Billiton's Iron Ore President, is stepping aside after 25 years with the world's biggest miner.

March 30, 2012

U.S. Silver reports fifth consecutive year-end increase in proven and probable reserves to 23.2 million ounces of silver

U.S. Silver Corporation (TSX: USA, US OTCQX: USSID, Frankfurt: QE2) (“US Silver” or “the Company”) announces that year-end reserves have once again increased in excess of production for the fifth…

March 30, 2012

Harmony Gold digs out of 52-week deep hole as it awaits ‘game-changing’ Wafi-Golpu pre-feasibility

Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume…

March 29, 2012

‘One project, one review, completed in a clearly defined time period’: Excerpt from Budget 2012

The Canadian government announced major changes to the way projects are approved during the 2012 budget speech.

March 29, 2012

Mining Association of Canada commends resource regulatory reforms: Budget 2012

The Mining Association of Canada (MAC) commends Ottawa's commitment to modernize federal environmental review processes, highlighted in today's federal budget announcement, while expressing disappointment regarding the announced phased elimination of…

March 29, 2012

Barrick Announces Pricing of $2.0 Billion Offering of Debt Securities

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick") announced today the pricing of $2.0 billion in debt securities comprised of: $1.25 billion of 3.85% notes due 2022 and $750 million of 5.25% notes…

March 29, 2012

Prospectors and Developers Association of Canada Welcomes Extension of Mineral Exploration Tax Credit in 2012 Federal Budget

The Prospectors and Developers Association of Canada (PDAC) welcomes the inclusion of the Mineral Exploration Tax Credit (METC) in the Government of Canada's budget tabled today.