November 8, 2011

Hecla reports 183% increase in third quarter 2011 net income

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (“Hecla”) (NYSE:HL) today announced third quarter net income of $55.8 million, or $0.20 per basic share, and earnings after adjustments applicable to common shareholders…

November 8, 2011

Rainy River Resources Ltd. intersects high grade within the conceptualized open pit and underground settings

TORONTO, ONTARIO--(Marketwire - Nov. 8, 2011) - Rainy River Resources Ltd. (TSX:RR) (the "Company" or "Rainy") is pleased to announce assay results from its Rainy River Gold Project ("RRGP") in…

November 8, 2011

Texas Rare Earth Resources receives approval by the Texas General Land Office to expand its exploration efforts at Round Top

DENVER & SIERRA BLANCA, Texas--(BUSINESS WIRE)--Texas Rare Earth Resources Corp. (OTCQB:TRER), a heavy rare earths exploration and development company, today announced that its supplementary operating plan to expand exploration activities…

November 8, 2011

Uranium One’s Q3 earnings lifted by higher prices

The company, which sells most of its uranium on the spot market or on contracts tied to the spot price, posted a profit that beat analysts' estimates in the third-quarter,…

November 8, 2011

Minefinders posts lower-than-expected Q3 results

The miner posted a net loss of $1.2m for the quarter ended September, which was below market estimates as gold and silver production was hit by cyanide supply issues. (Reuters)…

November 8, 2011

Thompson Creek posts lower Q3 profit

The molybdenum miner, posted a decline in adjusted profit in the third quarter as output fell and a non-cash foreign exchange loss hit earnings. (Reuters) - Molybdenum miner Thompson Creek…

November 8, 2011

China’s Zijin to buy $181mn of gold mine assets

The Chinese miner issued a statement Tuesday saying that it will acquire Long Province Resources which owns gold mine assets in the Gansu province for $181.07 million. Chinese gold and…

November 8, 2011

CASPICHE PROJECT PRE-FEASIBILITY UPDATE – EXETER RESOURCE CORPORATION

Exeter Resource Corporation reported that drilling has recommenced at its 100%-owned Caspiche project in northern Chile.

November 8, 2011

2010 Nevada gold mine deaths: safety alarm was bypassed using broom handle

Huffington Post reports federal safety investigators say two Nevadans were killed in a mining accident partly because someone wedged a broom handle against a reset button to bypass an alarm…

November 8, 2011

Historic vote turns Australia carbon tax into law

The Sydney Morning Herald reports in a major policy victory for Australia's Gillard government's controversial carbon pricing scheme has passed parliament with Labor and the Australian Greens forcing the 18…