The company, which sells most of its uranium on the spot market or on contracts tied to the spot price, posted a profit that beat analysts' estimates in the third-quarter, helped by higher realized prices.

The miner posted a net loss of $1.2m for the quarter ended September, which was below market estimates as gold and silver production was hit by cyanide supply issues. (Reuters) - Canadian precious metals miner Minefinders Inc posted third-quarter results

The molybdenum miner, posted a decline in adjusted profit in the third quarter as output fell and a non-cash foreign exchange loss hit earnings. (Reuters) - Molybdenum miner Thompson Creek Metals reported a lower adjusted profit on Monday, as production

The Chinese miner issued a statement Tuesday saying that it will acquire Long Province Resources which owns gold mine assets in the Gansu province for $181.07 million. Chinese gold and copper miner Zijin Mining Group Co Ltd said on Tuesday that it would

In a swing from the $26 million loss reported in the September quarter last year, platinum group metal miner Platmin achieved a $7.5 million profit for the three months to end September 2011 on the back of first platinum sales. Johannesburg (I-Net

Germany's Economy Minister Philipp Roesler has responded to recent media reports that the G20 summit at Cannes discussed using reserves to boost euro zone bailout funds by saying the country's gold reserves must remain untouchable. Germany Economy

Iron ore shipments from Australia's Port Hedland slipped to 19.9 million tonnes in October from 20.0 million in September, according to data released by the port authority on Monday. Iron ore shipments from Australia's Port Hedland, one of the world's

The steelmaking firm has received acceptances for its proposed share swap and relocation to Britain from just over 98% of its shareholders, allowing it to proceed with a premium London listing. Russian steelmaker Evraz has received acceptances for its

Kazakhstan's Industry Ministry says the construction of a third gold refinery to process an expected increase in volumes of the precious metal will begin next year and it will have capacity to produce 25/t of bullion per year. Kazakhstan plans to begin

According to a report in the Shanghai Security News, the country has shelved plans to develop new steel projects in the Bohai and Yangtze River Delta regions but will include it in a soon-to-be-revealed five-year plan for the steel industry. China will

The company issued a statement Monday morning saying operations at its Kusasalethu gold mine have been suspended pending investigations after an employee was killed in an accident. South Africa's third-largest gold miner Harmony suspended operations at

Nevada's Board of Examiners may authorize the State Department of Taxation to refund up to $18.18 million of a special tax on mining claims fees enacted in 2010. RENO, NV - The Nevada Board of Examiners Tuesday will consider refunding $8,184,269.50 in