Mining companies exploring and operating in Ecuador had some good news yesterday as President Rafael Correa said on state-owned radio station, Radio Publica, he might need to make it easier for miners from now on.
South Africa’s Chamber of Mines said Friday it will set up a special CEO “elimination of fatalities team” in an effort to bring down the number of deaths at the local mines.
South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.
Despite the recent deadly and divisive disputes over mining projects in Peru, London-based mining giant Anglo American got the green light from the regional government of Moquegua for its $3 billion Quellaveco copper mine.
When it comes to buying gold, central banks have such a poor timing record that they're frequently joked about as a contrary indicator. Recently, they have been buying, quite literally, tonnes of it.
Barkerville's stock price has tumbled 40% since Friday's high of $1.05. And Investors aren't the only group not convinced by the company's report, even the British Columbia Securities Commission has raised an incredulous eyebrow.
