First new all-electric mine dumps diesel; cuts costs, pollution
Hundreds of feet below thick forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in an experiment to ditch diesel.
Two and a half years after an earthquake devastated Haiti, killing more than 300,000, the country could use a windfall to help in its rebuilding efforts. Now, thanks to its mineral wealth, Haiti could begin making its way out of being one of Latin America’s poorest countries.
Scores of hard-core prospectors work the San Gabriel, and perhaps 50,000 people throughout the state prowl a few weekends a year with pans and metal detectors and dowsing rods.
Eldorado Gold added more than 3% on Tuesday after announcing Greece's top administrative court had revoked a provisional order issued on June 29 which suspended the surface clearing activities of Hellas Gold, a 95%-owned subsidiary of Eldorado, in Halkidiki, Greece.
Intrepid Mining has now lost 59% of its market value after news broke that a local business groups orchestrated the ouster of ASX and TSX-listed company from an Indonesian copper and gold project.
Mid-tier gold miners are outperforming industry giants by pursuing smaller project for lower costs. According to Julie Gordon writing for Reuters, modest-sized […]
Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.