November 4, 2011

ENRC implements Gemcom across global operations

Eurasian Natural Resources Corporation (ENRC) is implementing Gemcom's Surpac, GEMS, Minex, Whittle and MineSched mining software packages throughout its global operations. ENRC is one of the world's leading diversified natural…

November 3, 2011

Peru can compete with Chile despite increased mine tax

Peru can remain competitive with neighbouring Chile despite a recent decision to hike mining taxes. Peru, the world's third largest copper producer, is able to offset its higher tax on…

November 3, 2011

Sulliden announces $75 million bought deal financing

Sulliden Gold Corporation Ltd. ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF)(BVLAC:SUE) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and Cormark Securities Inc. as co-lead…

November 3, 2011

Newmont’s Conga set to become Peru flashpoint as region vows massive protest

Reuters reports leaders in Peru's Cajamarca region demanded on Wednesday that Newmont Mining and partner Buenaventura abandon their $4.8 billion Conga project after talks with the central government broke down.…

November 3, 2011

ANDINA announces CAD$15 million non-brokered private placement financing

TORONTO, ONTARIO--(Marketwire - Nov. 3, 2011) -

November 3, 2011

Opposition grows to Newmont’s $4.8 bln Peru mine

Political and community leaders in Peru's Cajamarca region demanded on Wednesday that Newmont Mining abandon its $4.8 billion Conga project and said the central government's efforts to broker a truce…

November 2, 2011

Yamana Gold hikes dividend by 63% on strong third quarter

South America-focused Yamana Gold (TSE:YRI) increased production and revenue targets for the third quarter, and rewarded shareholders with a 63% dividend increase. Toronto-based Yamana boosted production 4% to 279,274 gold-equivalent…

November 2, 2011

FLSmidth wins large lime plant project in Uruguay

FLSmidth has signed a contract worth approximately USD 35m (approximately DKK 200m) with Cementos del Plata SA, for the supply of equipment and technology to their lime manufacturing facility located…

November 1, 2011

Colombia mining minister sees coal exports hitting 100 mil mt by 2015

Colombian thermal coal was trading at about $100/mt on an FOB Colombian annual coal exports should reach 100 million mt by 2015, up 33% from current levels, as a flood…

November 1, 2011

Eurasian Natural Resources Corporation PLC standardises globally on Gemcom Mining Software Solutions

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) - Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Eurasian Natural Resources Corporation PLC (ENRC) will…