Newcrest gets a new boss

Ian Smith, CEO of Newcrest Mining Limited, announced on Friday that he is stepping down. Greg Robinson, executive director of finance at […]

Michael Allan McCrae | February 11, 2011 | 4:34 pm

Putting together the London and Toronto stock exchanges will not be easy

David Baines, writing in the Vancouver Sun, scratches his head about the merger of the London and Toronto stock exchanges.

Michael Allan McCrae | February 10, 2011 | 10:36 pm

Coveted Chiria deposit will be mined by Steel Authority

Steel Authority of India Ltd. announced on Thursday that it had received government approval to mine Chiria deposits located in Jharkhand, India. […]

Michael Allan McCrae | February 10, 2011 | 4:28 pm

Goldcorp sells Osisko stake for $530 million

Goldcorp announced on Tuesday that it sold its 10.1% equity interest in Osisko Mining Corporation. Expected cash proceeds from the sale will […]

Michael Allan McCrae | February 9, 2011 | 5:16 pm

Cameco taps nickel-zinc mine in Finland for more uranium

Cameco announced on Wednesday that it had reached an agreement with the Talvivaara Mining Company Plc. to help process uranium at the Sotkamo nickel-zinc mine in eastern Finland.

Michael Allan McCrae | February 9, 2011 | 4:28 pm

Silvercorp’s net income up 140% to 29.7 million in Q3

Silvercorp Metals Inc. reported that net income was up 140% to $29.7 million or 18 cents a share. The company released its […]

Michael Allan McCrae | February 8, 2011 | 10:38 pm

Teck earnings are up 36% from 2009

Teck Resources Limited announced earnings in 2010 of $1.5 billion or $2.62 a share. Earning were 36% better than the $1.1 billion […]

Michael Allan McCrae | February 8, 2011 | 9:48 pm

Acadian Mining spins off zinc and lead assets to focus on gold exploration

Acadian Mining shares were up 30% on Tuesday morning trading after it announced it will spin off lead and zinc assets so […]

Michael Allan McCrae | February 8, 2011 | 4:39 pm

Is Caterpillar due for a stock split?

According to the Wall Street Journal, Caterpillar could be due for a stock split after a 94% run up in its stock. […]

Michael Allan McCrae | February 7, 2011 | 11:53 pm

Crystallex’s Las Cristinas project is “unilaterally terminated”

Crystallex International Corporation announced that the Corporacion Venezolana de Guayana had “unilaterally terminated” the company’s mine operating contract for the Las Cristinas […]

Michael Allan McCrae | February 7, 2011 | 11:40 pm

Harmony’s operating profit is up 33%

Gold production was down four percent but operating profit increased 33% at Harmony. The company announced second quarter results on Monday for the period ending Dec. 31, 2010.

Michael Allan McCrae | February 7, 2011 | 5:08 pm

IAMGOLD contractor dies at Rosebel Gold Mines in Suriname

This weekend a contractor for IAMGOLD Corporation died at the company’s Rosebel Gold Mine in Suriname when the all-terrain utility vehicle the […]

Michael Allan McCrae | February 7, 2011 | 4:59 pm

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