Stillwater Mining Company today reported 2010 net income of $50.4 million, or $0.51 per diluted share, on revenues of $555.9 million. Contributing to the net income in 2010 were higher PGM prices and a recovery in recycling volumes, along with continued focus on productivity and controlling costs.
Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.
PERTH - Recruitment and labour hire specialists Humanis Group will acquire a 49% interest in Springsure Mining, which will build a training mine near Newcastle in New South Wales to provide practical and theoretical training. Humanis said on Tuesday that the agreement would provide the group with a compelling selling proposition to supply mine site trained personnel to the industry.
The training mine would seek to tackle the recent and expected future shortage of skilled labour by means of a practical real-life mining operation, MD George Gelavis said.
The Cree Nation and Goldcorp Inc. have signed a cooperation agreement over the Éléonore gold project in the province of Quebec, Canada. Under the agreement, signed on Monday, Goldcorp recognizes Cree rights in the area surrounding the project, and the Cree support the rights of Goldcorp. to develop the property in traditional Cree territory.
