Hudbay’s cash grows 42% in fourth quarter

Hudbay Minerals (TSE:HBM) rang in the fourth quarter with a $34.3 million profit or 21 cents per share, compared to $7.9 million or seven cents a share at the end of 2010.

MINING.com Editor | March 8, 2012 | 6:42 am

ATCO tapped to build 2,586-person village in north Saskatchewan for potash project

ATCO announced on Monday that it has been awarded a multimillion-dollar contract to design, build and operate a 2,586-person turnkey workforce housing lodge for BHP Billiton’s Jansen Potash Project, 100 km north of Regina.

MINING.com Editor | March 7, 2012 | 7:26 pm

Thermo Fisher Scientific Releases Application Note Highlighting Use of Portable XRF Analysis in Geochemical Exploration and Delineation of Ore Zone

Thermo Fisher Scientific released an application note highlighting use of portable XRF analysis in geochemical exploration and delineation of ore zones.

MINING.com Editor | March 7, 2012 | 5:34 pm

Patagonia Gold announces exercise of options

Patagonia Gold Plc (TSX:PAT, AIM:PGD) ("the Company") yesterday was notified that William Humphries, Chief Executive Officer, acquired 300,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") on March 6, 2012 at an average price of 35.67 pence per Ordinary Share. Mr. Humphries is now interested in 15,393,857 Ordinary Shares, representing approximately 2.09 per cent of the Company's issued share capital.

MINING.com Editor | March 7, 2012 | 7:50 am

ABB awarded electrical equipment contract by Masan Resources’ Nui Phao mine in Vietnam

ABB, the leading power and automation technology group, has been awarded a contract to supply the majority of the electrical equipment for Masan Resources’ Nui Phao mine. The Nui Phao mine is located approximately 80km northwest of Hanoi in the Dai Tu District of Thai Nguyen Province in Northern Vietnam.

MINING.com Editor | March 7, 2012 | 7:45 am

Graphic Products to conduct free pipe marking best practices webinar

Graphic Products, Inc. -- known worldwide for DuraLabel printers and supplies – will conduct a free, 30-minute Pipe Marking Best Practices Webinar on Wednesday, March 14 at 10 am Pacific Time/1 pm Eastern Time, conducted by Pipe Marking specialist Shane Johnson.

MINING.com Editor | March 7, 2012 | 7:38 am

Gold shares slide as futures flirt with $1,700/oz

Shares of some top gold companies are down at 1 p.m.: Barrick Gold CorpBarrick Gold Corp. fell $.99 or 2.1 percent, to $46.44. Gold Fields fell $.40 or 2.6 percent, to $14.95. GoldCorp. fell $1.30 or 2.6 percent, to $47.83. Newmont Mining CorpNewmont...

MINING.com Editor | March 5, 2012 | 8:32 pm

HYDRA tech consolidates all businesses into a single brand as Hydratech Industries

HYDRA tech, one of the world’s leading manufacturers and providers of high-quality custom hydraulic cylinders and wind power solutions announced today that it will consolidate all of its businesses under a single brand name; Hydratech Industries.

MINING.com Editor | March 5, 2012 | 2:37 pm

Two top copper mines in Zambia shut down

Two of Zambia's largest copper mines, Glencore's Mopani and Xstrata's Kansanshi were shut over the weekend; the former over health concerns and the other after workers downed tools.

MINING.com Editor | March 4, 2012 | 10:25 pm

Gold faces crucial test this week after dramatic fall rattles traders

Last week gold registered its worst weekly performance for 2012 after a sustained rally in January and most of February. This week would be a crucial test for the yellow metal and a significant break below the $1,700 level could trigger a major sell-off.

MINING.com Editor | March 4, 2012 | 7:00 pm

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