Mining and construction equipment auction house Ritchie Bros. has acquired AssetNation Inc., an online provider of surplus and salvage assets, for US$64 million.
Despair not, gold investors. Goldman Sachs hasn't given up on bullion. Despite a significant selloff in the yellow metal in recent days, bottoming out at four-month lows, Goldman Sachs is still forecasting a rally in gold this year.
Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.
Confused about the political machinations surrounding the Keystone XL pipeline, or baffled by talk of crude oil discount rates, Oklahoma bottlenecks and Texas Gulf refining capacities?
Colt Resources (TSX-V:GTP) added 5.9% on Thursday on higher than usual trading volumes, after announcing positive drill results from its Boa Fé gold project in southern Portugal.
Shares of Avion Gold failed to recover on Thursday after taking a 28% pummeling the day before, despite announcing vastly improved mineral resources at its Tabakoto Project in Mali, West Africa.
The Mining Industry shall have more First Nations tradesmen joining the workforce in the near future. The Northern Aboriginal Machinery School (N.A.M.S.) […]
A protest against London 2012 sponsor Rio Tinto (LON & NTSE:RIO), which has supplied the metal to make the Olympic and Paralympic medals, welcomed the company’s shareholders this morning in Brisbane, Australia, where the annual meeting of the company’s board was taking place.
Africa's largest gold miner AngloGold Ashanti (NYSE:AU) posted first-quarter earnings Thursday of $429 million, which more than double the same period last year, despite a drop in production on the year.