October 25, 2011

Gem sells rough for $16.5 million and bargains for cut of polished profit

London-listed Gem Diamonds announced Tuesday it has sold the world’s 14th largest white diamond discovered at its Letšeng Mine in Lesotho two months ago for $16.5 million in cash. Gem…

October 25, 2011

Mining in British Columbia contributes $8.9 billion to the economy

According to a new report from PricewaterhouseCoopers LLP (PwC), direct mining expenditures in British Columbia mining crested $5.2 billion in 2010. An additional $3.7 billion was spent in secondary and…

October 25, 2011

No news is good news for Western Potash – jumps 18% and no-one knows why

Stock boards were buzzing on Tuesday as traders tried to figure out why Western Potash Corp. was soaring 18.2% without any news about the $200 million firm that would drive…

October 25, 2011

Nebraska trying to change Keystone pipeline route

Facing strong resistance from local constituencies, Nebraska governor Dave Heineman says he'll meet with state lawmakers to consider challenging the proposed route for the Keystone XL pipeline, CBC reports: Pipeline…

October 25, 2011

Canadian uranium juniors with US properties to merge

Vancouver-based Titanium Uranium Inc. (CVE:TUE) and Toronto-based Energy Fuels (TSE:EFR) announced merger plans on Tuesday. Under the deal, outlined in a letter of intent, Energy Fuels will acquire all of…

October 25, 2011

Brand new on the Market! Two piece molded felt boxed recessed chamber filter cloth and two piece molded felt CGR filter cloth

A more efficient way to install filter cloths on a recessed chamber plate.

October 25, 2011

Major Drilling announces exercise of over-allotment option in connection with its public offering of common shares

Major Drilling Group International Inc. ("Major Drilling" or the "Corporation") (TSX: MDI) is pleased to announce that it has received a notice from the syndicate of underwriters led by TD…

October 25, 2011

Arcelor dumps dearer Macarthur on Peabody

Reuters reports ArcelorMittal has pulled out of its joint $5 billion bid with US giant Peabody Energy for Australian coking coal miner Macarthur, just days after the target's top shareholder…

October 25, 2011

This week in uranium: Ur-Energy starts building in Wyoming, Cameco heads for Argentina

Ur-Energy is almost ready to start construction at the Lost Creek uranium project after being awarded a permit to mine from the state of Wyoming. Meanwhile, Cameco has signed a…

October 25, 2011

Taku Samples Up to 2.6gpt Gold in Soil on Montana Property in Yukon

Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce follow-up deep auger-type, soil geochemical survey results completed over the 292-claim (6,065 hectare) Montana property in mid-August 2011. The…