October 19, 2011 Rock failure halts production at Goldex mine; Agnico-Eagle shares plummet Agnico-Eagle Mines (TSE:AEM) had suspended mining and gold production at its Goldex mine in Val d'Or, Quebec, due to unstable ground and water inflow. "A weak volcanic rock unit in…
October 19, 2011 BHP iron ore production hits quarterly record BHP Billiton (NYSE:BHP) had a record quarter for iron ore production, the company announced today, with shipments from Western Australia reaching 173 million tonnes, a 28% increase over the same…
October 19, 2011 Metso and the University of Queensland in Brisbane, Australia, have finalized a three-year agreement encompassing joint research and performance evaluations of the VERTIMILL® Grinding Mill developed by Metso.
October 19, 2011 China’s economy isn’t landing slowly; it is circling until it runs out of gas Despite a decline in quarter-on-quarter GDP numbers implying a soft landing for China's red hot economy, Patrick Chovanec says that fixed investment is still running at an unsustainable 23.4%, and…
October 19, 2011 Freeport’s copper production is off 13% in Q3 due to labour disruptions Buffeted by falling copper prices and labour unrest at Grasberg, Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported net income of $1.1 billion, $1.10 per share, compared with $1.2 billion, $1.24…
October 19, 2011 Pentagon should stockpile rare earth materials: Coffman U.S. Rep. Mike Coffman (R-CO), who sits on the House Armed Services Committee, is pushing the US Department of Defense for the establishment of a national inventory of rare earth…
October 19, 2011 Platinum Underwriters Holdings, Ltd. reports third quarter 2011 financial results HAMILTON, Bermuda, Oct. 18, 2011 /PRNewswire via COMTEX/ -- Platinum Underwriters Holdings, Ltd. PTP +2.18% today reported a net loss of $53.5 million and a loss per common share of…
October 19, 2011 Prophecy Coal to begin trading on TSX Wednesday Coal miner Prophecy Coal (CVE:PCY) said Tuesday its shares will begin trading on the Toronto Stock Exchange this Wednesday, giving the company greater access to capital markets and broadening its…
October 19, 2011 World’s largest coal-to-biomass power station conversion nears completion Argus Media reports the biomass conversion of Germany utility RWE's Tilbury, UK, power plant is on schedule to be completed before the end of this year, possibly as soon as…
October 19, 2011 FLSmidth to install record sizer station at Penasquito FLSmidth has been awarded a contract for the supply of a complete semi-mobile sizer station to gold producer Minera Peñasquito, which is owned by Goldcorp. The mine is located in…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
