September 13, 2011

BC moly mine extended by 2 years

The Endako molybdenum mine in British Columbia has been extended another two years, Thompson Creek Metals (TSX:TCM) said yesterday. The Denver and Vancouver-based company announced a 9% increase in mineral…

September 13, 2011

Junior sold for 800% more 18 months after IPO as coal miners go mad for Mongolia

Strong interest in the Mongolian resource sector has provided shareholders in Hunnu Coal a 800% gain in only 18 months. Thailand's Banpu announced Tuesday it is taking over the ASX-listed…

September 13, 2011

China’s plan for fewer mines and bigger mines

China plans to dramatically consolidate the number of mines in its country, according to Caterpillar (NYSE:CAT) and a study by MCCM. And China also wants its mines to be a…

September 13, 2011

Touring Caterpillar’s new global mining headquarters

Caterpillar's (NYSE:CAT) spring acquisition of Bucyrus netted the company brand new corporate headquarters for its mining division, Caterpillar Global Mining Headquarters. Last month MINING.com took a tour of the 26-acre corporate…

September 13, 2011

NioGold shares rise after drill results confirm mineralization at depth

Shares in NioGold Mining (TSX-V:NOX) are up 3.28% today on brisk mid-day trading, after the company announced promising drill results from its Marban Block property, located in the Abitibi region…

September 13, 2011

Philippine 2011 mining investment may hit $2.8 bln

Mining investments could reach $2.8 billion in the Philippines this year if Chinese investors proceed with plans to jointly develop mining projects in the country, a senior mining official said…

September 13, 2011

ATAC Resources Ltd. intersects 188.07 g/t silver, 8.69% lead and 6.06% zinc over 37.91 m at its Ocelot silver-lead-zinc target-Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2011) - ATAC Resources Ltd. (TSX VENTURE:ATC) is pleased to announce the final 2011 drill results from its Ocelot silver-lead-zinc discovery. The Ocelot is…

September 13, 2011

Vista Gold shares jump 19%, company declines comment

Vista Gold (AMEX:VGZ) had no comment on why its share price jumped on Monday. Shares were up from $3.70 on Friday to $4.41 by the end of Monday, a 19%…

September 13, 2011

He who has the gold, makes the rules: JP Morgan AMC

"The whole sector is very cheap. Macro concerns have been increasing, but it's a pretty robust sector in terms of balance sheets, margins, and cash flow," Gregson, who also manages…

September 13, 2011

TSX headed for slightly lower open as Europe debt fears persist, gold gains

TORONTO - The Toronto stock market was poised for a slightly lower open Tuesday as commodity prices rose but investors fretted about a Greek debt default despite indications that Athens…