May 16, 2011 Metals Economics Group Strategic Report: Base metals and gold 2010 acquisitions spending totals $50.7 billion The 2010 dollar volume of large ($25 million minimum) acquisitions totaled $50.7 billion—the third-highest annual total in 10 years—a whopping increase of 260% over 2009’s $14 billion, and 23% over…
May 12, 2011 Coal and copper led BC miners to profitable 2010 Buoyant prices for coal and copper yielded a profitable year for miners in British Columbia, according to PwC’s annual report on the BC mining industry. PwC partners Michael Cinnamond and…
May 12, 2011 Silvercorp reports record silver production of 5.3 million ounces, record net income of $68.8 million, up 79%, and record cash flows of $104.2 million, up 60% for fiscal year 2011 Silvercorp Metals reported in Q4 that net earnings were up 29% to $12.6 million, or $0.07 per share, compared to net earnings of $9.8 million, or $0.06 per share, in…
May 10, 2011 Why commodities crashed If you want to see market reporting done right, I can recommend the 2,000-word Reuters special report on Thursday’s commodities crash. It doesn’t just pick a random news event or gesture…
May 10, 2011 Baja Mining starts surface mining at Boleo project, Mexico Baja Mining Corp. (TSX:BAJ) is pleased to announce the commencement of surface mining activities at its 70% owned Boleo copper-cobalt-zinc project ("Boleo"), located near Santa Rosalia, Baja California Sur, Mexico.…
May 9, 2011 Teck announces Fording River collective agreement and related charge to earnings Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that employees at its Fording River operation in southeastern British Columbia have ratified a new five-year agreement, replacing an…
May 8, 2011 CuOro initiates aggressive Colombian exploration program In the wake of a $15 million financing, CuOro Resources (TSX-V: CUA) is expanding what was already an ambitious start to its first drill program in Colombia. Since closing its…
May 6, 2011 Zijin Mining to be one of Glencore’s cornerstone investors China's Zijin Mining Group Co Ltd said on Friday it would invest $100 million as a cornerstone investor in the initial public offering of commodities group Glencore. The investment in…
May 5, 2011 Strong metals prices boost Vedanta full year earnings 29% India-focused miner Vedanta Resources (VED.L) posted a 29 percent jump in full-year earnings per share, on the back of strong metal prices and a background of robust demand for commodities.…
May 4, 2011 Alexco releases initial production results for Bellekeno Mine; On track for 2011 silver production of 2.8 million ounces Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) today reported the first full quarter production results from its newly commissioned Bellekeno mine and mill in the Keno Hill Silver District, Yukon. First Quarter…
Gradiant to build lithium production plant in Pennsylvania’s Marcellus Shale Formation The site, the company said, is the world’s first to extract, concentrate and convert (EC²) lithium in a fully integrated, end-to-end process from oilfield produced water. June 24, 2025 | 02:27 pm
