March 14, 2012

New Carolin Gold Announces Positive Preliminary Economic Assessment of the Tailings Reclamation Project

New Carolin Gold Corp. (TSX VENTURE:LAD) is pleased to announce the results of the Preliminary Economic Assessment (PEA) for the Tailings Reclamation Project at its Ladner Gold Property in British…

March 14, 2012

Mining exploration in Australia records $1billion high

Spending on mining exploration hit a record $1 billion in the three months to December, despite claims the carbon price and mining tax would hurt the industry's growth.

March 14, 2012

Japan buys US$435m Xstrata’s stake in Canadian coal operations

Japanese JX Nippon Oil & Energy acquired a 25% of diversified miner Xstrata Coal operations in Western Canada for US$435 million, creating a joint venture that will build the business…

March 14, 2012

Influx of recycled diamonds could depress prices

A respected diamond expert says that an influx of "recycled" diamonds entering the market could depress prices of the precious stones and hurt diamond miners.

March 14, 2012

Suncor Energy reports unplanned maintenance on oil sands upgrader

Suncor Energy announced today that one of its two upgraders (U2) at its oil sands facility will be taken offline for unplanned maintenance due to a U2 fractionator performance issue.

March 14, 2012

Dumas and Tercon combine to create leading integrated mining and energy service company

Dumas Contracting Ltd. (“Dumas Contracting”) and Tercon Investments Ltd. (“Tercon”) have combined to create a new company providing a diverse and integrated suite of specialized services to the international mining…

March 14, 2012

Do junior mining CEOs deserve First Class treatment?

Some say Ron Paul is the only US Congressman to fly economy class... The man has integrity.

March 14, 2012

Gold falls to lowest level for 7 weeks and regained platinum premium widens

Improving U.S. economic sentiment bringing prospects of an interest rates rise ahead have strengthened the dollar and meantime weakened the gold price while platinum is again showing a premium over…

March 14, 2012

Woulfe Mining sheds 8.5% despite positive gold mine PEA

Woulfe Mining was off 8.5% to trade at 32 cents on the Canadian venture exchange today despite delivering a preliminary economic assessment for its Muguk gold project in Korea.

March 14, 2012

China consolidates position as World No. 1 gold miner

China's annual gold production continues to grow comfortably maintaining its position as the world's biggest gold miner assuming official statistics tell the full picture - which they may not!