A past-producing gold mine in Canada's Northwest Territories could be back in business thanks to moves last week by Toronto-based Merc International Minerals (CVE:MRK) Inc.
Job seekers in the Australian mining and construction industry were likely to benefit from a favourable hiring climate in the first quarter of 2012, said recruitment solutions provider Manpower.
After discovering a significant deposit in the Ivory Coast, Occidental Gold, a unit of Australia's Perseus Mining said it will seek a mining licence from the West African state.
Gold prices in India have been sliding all week, falling below the crucial $531.66 per 10 grams level for the first time in six weeks in New Delhi on Friday.
The country has decided to lift the state of emergency in the northern region of Cajamarca and reopen negotiations with protestors opposed to Newmont's $4.8bn Conga mine
Rambler Metals and Mining plc (CVE:RAB, LON:RMM) enjoyed a 2.5% bump in its stock price Thursday on news that the Toronto and London-listed company has poured the first gold from its Ming Copper-Gold Mine in Newfoundland/Labrador, Canada.
Hecla Mining (NYSE:HL) has acquired the remaining 30% interest in the San Juan Silver project in Colorado's Creede silver-producing district, for $33.8 million in stock.
Vancouver-based miner Endeavour Silver has discovered two high-grade silver/gold zones at its Guanajuato mine in Mexico and anticipates a significant increase in reserves and resources at the mine at the year-end.
