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Latest Stories

Forget gold, IRON ORE is the story of the decade

On the last day of Roundup, Vancouver's mining showcase, Sandy Chim CEO of Canada's Century Iron Mines, flashed a few slides about China, India and the iron ore market that would make gold bugs green with envy.

Ivanhoe Mines expects to maintain a majority of independent directors on the Ivanhoe board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2012) - Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) Deputy Chairman Peter Meredith said today he expected the company's 14-member Board of Directors will continue to maintain a majority of independent directors, in accordance with the December 8, 2010, Heads of Agreement signed by Ivanhoe Mines and Rio Tinto.

Dr Caterpillar’s (excellent) prognosis for mining

With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector than Caterpillar. But what is it saying about the outlook for 2012?

Dynacor’s Gold production surpasses 46,000 ounces in 2011

MONTREAL, QUEBEC--(Marketwire - Jan. 26, 2012) - Dynacor Gold Mines Inc. ("Dynacor" or "the Company") (TSX:DNG) is pleased to announce that gold production for 2011 from its ore- processing plant delivered a company best 46,026 ounces, including a record month of 4,565 ounces for the month of December, 2011. This amounts to a year over year increase of 37% (2010 - 33,525 ounces) and a quarterly increase of 29% (Q4/2010 - 3,533 ounces) respectively.

Bernanke kicks gold over $1,700 bar

The US Federal Reserve on Wednesday pledged to hold interest rates at levels near zero until late 2014. The surprising announcement sent gold soaring in afternoon trade and the yellow metal scaled the $1,700 an ounce level for the first time since December 9 last year as investors – worried about cheap money flooding markets – turn to gold as a storer of wealth.