MINING.COM

Finally explained: Why you can’t apply the word ‘planet’ to Pluto

Finally a video to explain the problem with calling Pluto a planet.

Michael Allan McCrae | June 2, 2012 | 11:31 am

After announcing six metres at 617 g/t of gold, Mawson Resources’ stock jumps 33%

Mawson Resources (TSE:MAW) spiked 33% to $1.44 a share on Thursday after announcing its first drill results from the Rompas gold project in Northern Finland.

Michael Allan McCrae | June 1, 2012 | 5:12 am

‪Investcorp sells truck parts unit for $1 billion

Norton Gold Fields receives A$212 million offer from Zijin Mining Group

The board of Norton Gold Fields (ASX:NGF) recommends that shareholders accept a A$212 million cash takeover from one of China's largest gold producers, Zijin Mining Group.

Michael Allan McCrae | June 1, 2012 | 4:52 am

A blessing for some and a bane for others: the gold under Rosia Montana in Romania

The planned development of Rosia Montana, proposed location for Europe’s largest open cast gold mine, is splitting the community

Michael Allan McCrae | May 31, 2012 | 7:47 pm

Owners of Big Sandy throw in the towel and withdraw $1bn retrofit plans

New York Times reports that Big Sandy, an eastern Kentucky coal-burning plant, will not be retrofitted so it can meet environmental regulations.

Michael Allan McCrae | May 31, 2012 | 5:27 am

Val-d'Or discovery prompts frenzy for Integra Gold

Driller says West Africa is hot and Peru is cold

Energold Drilling (TSX VENTURE:EGD) beat back a commodity overhang in 2012 and announced a 134% increase in revenue, growing from $22.7 million to $53.3 million.

Michael Allan McCrae | May 31, 2012 | 5:18 am

Baja Mining lays off 40% of staff and seeks funding for Boleo

Troubled Vancouver miner, Baja Mining (TSE:BAJ), said that it laid off 40% of its staff to conserve cash and admitted that there is "no assurance" that it will find funding to complete its Boleo project, a $1.143 billion copper-cobalt-zinc project in Mexico.

Michael Allan McCrae | May 30, 2012 | 10:07 pm