February 24, 2012

Rio Tinto unit charged in Canada for 2010 death

Representatives of Rio Tinto’s Iron Ore Company of Canada (IOC), the country’s biggest producer of the steel-making ingredient, appeared in court yesterday as it is facing five charges related to…

February 24, 2012

Aquarius Platinum and Impala face Zimbabwe’s rejection to sell-off plans

Shares in Aquarius Platinum Ltd. (LON, ASX: AQP), the fourth- largest producer of the metal, dropped 11% this morning in Johannesburg, the deepest decline since October 2008, after the company…

February 24, 2012

New Saskatchewan gold dig gets green light

The Saskatchewan government has given approval for Golden Band Resources Inc. to open its Golden Heart gold mine in northern Saskatchewan.

February 24, 2012

Guyana Goldfields completes positive feasibility study for its Aurora Gold Project in Guyana

Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to announce positive Feasibility Study results for its 100% owned Aurora Gold Project in Guyana, South America.

February 24, 2012

Investors asked to wait once again before they can get their hands on world’s largest met coal deposit

The privatization process will see Mongolia's government holding a majority 51% stake after selling 19% to investors and distributing the remainder to its 2.7 million citizens, but the $3 billion…

February 24, 2012

Sherritt expects volatile nickel market

Sherritt International Corp. expects a volatile nickel market this year and next as the global demand picture for the commodity remains unclear, according to its top executive.

February 24, 2012

Centerra Gold announces $1 billion revenue milestone

Canadian gold company Centerra Gold’s shares were up over 2% this morning as the company reported a $1 billion revenue milestone in 2011.

February 24, 2012

Funeral for well-known mining analyst Saturday

Respected mining analyst and newsletter writer David Coffin will be remembered by friends and family at a memorial service in Vancouver on Saturday.

February 24, 2012

Osisko Mining’s Malartic mine lifts Q4 profit

Helped by a strong performance at its Malartic mine, Osisko reported a C$37.8 million 4Q net profit.

February 24, 2012

The next Molycorp? Frontier says it can produce rare earths by 2015

Mining and processing rare earths is a tricky business. Processing the materials is costly, and the supply of the 17 elements used in manufacturing everything from smart phones to electric…