Eldorado Gold (TSE:ELD) announced that it hit record production in the third quarter. Its three mines, Kisladag, Jinfeng, Tanjianshan and White Mountain, produced 179,195 oz in Q3 at a cash cost of $397/oz. The company also said that iron ore sales in the quarter totalled 170,781 tonnes at a realized price of US$122/tonne. "We are extremely pleased that all operating mines continue to perform in accordance with plan in terms of production levels and cash operating costs, which resulted in record quarterly production for the corporation," commented Paul Wright, President and Chief Executive Officer.

Australia Labor Party pushed the carbon tax through the lower house of Parliament on Wednesday in a close vote of 74 to 72. Protestors in the public gallery shouted and tried to disrupt the proceedings. Opposition Leader Tony Abbott of the centre-right Liberal Party of Australia accused Prime Minister Julia Gillard of lying to the Australian people during last year's election, an election which Gillard narrowly won.

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported increased third quarter revenue and earnings compared to the year-ago quarter, but lower results sequentially, primarily due to lower metal prices, seasonal factors and weakness in Europe. Income from continuing operations was $172 million, or $0.15 per share, in third quarter 2011, compared to $61 million, or $0.06 per share, in third quarter 2010 and $326 million, or $0.28 per share, in second quarter 2011. “Aluminum prices fell in the third quarter, but most markets continued to grow,” said Alcoa Chairman and CEO Klaus Kleinfeld.

Loading up the global warming argument with righteousness is harming the cause, says a blogger at the Philospher’s Beard. “The moralisation approach […]

TORONTO, ONTARIO--(Marketwire - Oct. 11, 2011) - IAMGOLD Corporation ("IAMGOLD" or the "Company") (TSX:IMG)(NYSE:IAG) today announced the following for the third quarter of 2011:

• gold production of 222,000 ounces from continuing operations and represents:
  • an increase of 18.1% from the 188,000 ounces produced in the second quarter of 2011;
  • a 13.8% increase from the 195,000 ounces produced in the third quarter of 2010, when Essakane was in the early stages of its production ramp-up; and
• niobium production of 1.2 million kilograms as compared with 1.1 million kilograms produced in the second quarter of 2011 and the third quarter of 2010.

Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") announces its intention to carry out a non-brokered private placement of up to 156,250,000 units at a price of $0.45 per unit for gross proceeds to the Company of up to $70,000,000 (the "Offering"). Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.67 per share for a period of 36 months from the closing of the Offering.

The Australia Coal Association makes a pitch for coal with a recent video on YouTube showing how important the industry is to Australia and the country's ecocomy. Coal has been under pressure from the left-leaning Australian Labor Party. The government recently introduced a carbon tax set to kick in 2012. The coal industry claims that the tax will hurt the industry and shut down mining operations.

Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD)announced today that silver and gold production from the Company's two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State, continued to rise year-on-year in the Third Quarter, 2011. Silver production was up 8% to 858,738 ounces (oz) and gold production was up 7% to 4,926 oz compared to the Third Quarter, 2010. Revenues jumped 93% for the quarter to US$38.8 million thanks to both higher silver and gold production and higher realized metal prices.

The U.S. Department of Labor’s Mine Safety and Health Administration is granting $1 million to eight training and education organizations in the mining industry, reports Centre Daily.

Among the awardees, Penn State will receive $216,000 to develop multimedia education and training materials for miners and operators, to demonstrate exemplary strategies and best practices regarding emergency prevention.