MINING.COM

2Q profit slips at Yamana due to escalating costs

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.

Michael Allan McCrae | August 9, 2012 | 2:41 am

Hecla Mining’s bid to take over US Silver falls through

US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.

Cecilia Jamasmie | August 8, 2012 | 4:37 pm

Coeur d’Alene beats analysts’ estimates, acquire Hundra Silver shares

USA’s largest primary silver producer, Coeur d’Alene Mines (NYSE:CDE)(TSX:CDM), reported a second-quarter profit on Tuesday that beat analysts' estimates thanks to cost cutting and improved gold production results at its Kensington gold mine in Alaska.

Cecilia Jamasmie | August 8, 2012 | 1:16 pm

Investors cheer Ivanhoe one last time

After 13 years as a listed entity Tuesday was the last hooray for IVN – a favourite of resource stock investors who enjoyed a 5% gain on the day.

Frik Els | August 7, 2012 | 10:21 pm

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new record in gold production in 2011.

Cecilia Jamasmie | August 7, 2012 | 3:38 pm

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

Is this why the call it the devil’s metal? Outcome of CFTC silver price rigging probe murkier than ever

On Monday conflicting reports about the outcome of a four-year old probe into possible price manipulation of silver left investors perplexed about the future trading direction of the precious metal.

Frik Els | August 6, 2012 | 9:45 pm

Augusta Resources off to the races after environment permit granted for massive Tucson copper mine

Augusta Resource jumped more than 10% on Monday after announcing it has received an air quality permit for its Rosemont mine in Arizona which could by itself account for about 10% of annual US copper output once in production in 2015.

Frik Els | August 6, 2012 | 6:55 pm

Priced for collapse

Where is the gold price today? If you're like many Americans, you have no idea whether it went up, down, or sideways.

Peter Schiff - Euro Pacific Precious Metals | August 5, 2012 | 7:52 pm

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Will falling Chinese imports put the brakes on rising silver price?

Barrick Gold’s Veladero mine to remain suspended

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

CHARTS: Silver, gold ETF investors diverge on price outlook

Moneta Porcupine starts drill program on Golden Highway Project

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