MINING.COM

Balmoral discovers three new areas of gold mineralization in Quebec property

Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three new, broad areas of gold mineralization.

Cecilia Jamasmie | August 29, 2012 | 2:55 pm

Newcrest restarts Lihir mine

Gold producer Newcrest Mining (ASX:NCM) resumed its operations at the Lihir project, in Papua New Guinea, following the resolution of a dispute lodged by the Lihir Mining Area Landowners Association (LMALA).

Cecilia Jamasmie | August 29, 2012 | 12:30 pm

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

Marc Howe | August 29, 2012 | 3:22 am

Land fight forces Newcrest to shut Lihir gold mine

Australia’s largest listed gold company by market capitalization, Newcrest Mining (ASX:NCM), said Tuesday it had to suspend production at its flagship Lihir mine in Papua New Guinea, as protests from a local landowners’ group keep escalating.

Cecilia Jamasmie | August 28, 2012 | 6:56 pm

Eco Oro shares plunge on Colombian mining agency ruling

Shares of Eco Oro Minerals Corp. (TSX:EOM) plunged over 50% on Tuesday to $94 cents in early trade after Colombia’s national mining agency scrapped most of its concession on environmental grounds.

Cecilia Jamasmie | August 28, 2012 | 5:49 pm

Chavez told to ‘forget oil’ and boost the country’s gold industry

The president of Venezuela's national mining chamber (Camiven), Luis Rojas, called the country leader Hugo Chavez to boost the local gold industry, as bullion production levels are close to historic lows.

Cecilia Jamasmie | August 28, 2012 | 5:17 pm

Perseus Mining reports maiden profit of $52.5 million

Gold miner Perseus Mining (ASX & TSX:PRU) reported Tuesday a maiden profit of A$52.4-million for the 12 months ended June, after the company reported its first half year of commercial production.

Cecilia Jamasmie | August 28, 2012 | 4:36 pm

S. Africa gold mining shares knocked by wage hike demands

South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until the middle of next year, the country's chamber of mines said.

Business Report | August 28, 2012 | 4:27 pm

Forest fire forces Atlanta Gold to halt work at Idaho project

Canadian junior Atlanta Gold (TSX:AGC) on Tuesday reported that it was cut off from accessing its Atlanta gold property by a forest fire, and might not be able to continue court-ordered remediation work to the water treatment facility until mid-October.

Cecilia Jamasmie | August 28, 2012 | 3:12 pm

First

Last

Caterpillar says tariffs will wipe out up to $200M

Environmentalists worried about prospecting in New Zealand’s South Island

India’s state-owned miner to start digging for local gold

Pebble’s Draft Environmental Impact Statement to be ready in January

An 85.7 gram gold nugget found in Scotland

Create FREE account or log in

to receive MINING.COM digests