Markets single - MINING.COM
52 weeks
Low | High
Last Close:

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Related Commodities

Create FREE account or log in

to receive MINING.COM digests


Latest Stories

Aurcana reports 26% increase in YTD silver production at La Negra and Shafter Silver Mine construction update

Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN)(OTCQX:AUNFF)(PINK SHEETS:AUNFF) is pleased to report silver production for Q3 2011 of 244,243 ounces that is based on just 80 days of mill production at La Negra. Year-to-date ("YTD"), silver production has increased 26% to 742,026 ounces, compared to 587,057 ounces in 2010. As anticipated, Q3 2011 silver production was slightly lower than 2010's 250,953 ounces as a result of the La Negra ball mill being down nine mill days in order to upgrade a ball mill. Due to this maintenance, total mill feed of 119,772 tonnes was 4% lower than the 125,050 tonnes for Q3 of 2010.

Canasia doubles rare earth acreage in Quebec

Canasia Industries Corporation ("Canasia" and the "Company") (TSX VENTURE:CAJ)(PINK SHEETS:CANSF)(FRANKFURT:45C) wishes to announce that it has increased its rare earth acreage in the vicinity of the Eldor Discovery in Quebec. 3,600 additional acres were acquired through Gestim, which now brings Canasia's total to 7,198 contiguous acres prospective for rare earth. On September 28, 2011, Canasia announced that the bulk sample program on the Clone Gold Prospect had been completed for the 2011 season.

Big Coal scores win against Obama Admin

The US coal industry scored a victory in court Thursday after a federal judge ruled that the Obama administration did not have authority to tighten oversight of permits used by coal mining companies that do "mountaintop mining." The ruling by the U.S. District Court says the Environmental Protection Agency (EPA) "exceeded its authority under the Clean Water Act when it issued tougher environmental guidelines related to fill material dumped into streams after the tops of mountains are blasted off to extract underlying coal seams," reported The Wall Street Journal. The National Mining Association sued the EPA last year over the issue.

Cline Mining sells its Lossan met-coal deposit to Xstrata Coal for Cdn$40 million

Cline Mining Corporation ("Cline Mining" or the "Company") (TSX:CMK) is pleased to announce that Xstrata Coal has agreed to acquire 100% of the Company's metallurgical coal deposit within Cline Mining's Lossan property ("Lossan") for CDN$40 million, subject to customary conditions. Closing is expected to occur on or about October 12, 2011. Lossan is located in the Peace River Coalfield of north eastern British Columbia, Canada and has an NI 43-101 compliant resource of 240 million tonnes. Lossan covers an area of approximately 3,800 hectares.

Cameco receives competition bureau clearance for Hathor acquisition

Cameco (TSX:CCO) (NYSE:CCJ) announced today that the Canadian Competition Bureau has issued a "no action letter" in connection with Cameco's offer to acquire all of the outstanding shares of Hathor Exploration Limited for cash consideration of $3.75 per share. The issuance of the no action letter, which provides that the Commissioner of the Competition Bureau does not intend to challenge the proposed acquisition, satisfies one of the conditions of the offer.

Ivanhoe gains 13% after Mongolia backs down on Oyu Tolgoi

Shares of Ivanhoe Mines (TSE:IVN) and Rio Tinto (ASX:RIO) both gained today on news that Mongolia has backtracked on a demand for a greater share of the massive Oyu Tolgoi copper-gold complex. Rio was up 4.94% on the ASX while Vancouver-based Ivanhoe jumped 13.06% on the Toronto exchange. The two companies and the government of Mongolia issued a joint release yesterday saying that all parties have "reaffirmed their continued support" for the 2009 Oyu Tolgoi Investment Agreement.

Traders say rough diamond demand has dried up

IDEX Online News reports the rough diamond market is in a rut and demand for rough is so limited, that traders are not buying goods, even if offered at 12 or even 13 percent below what DTC's roughly 80 selected clients – called Sightholders – paid for at last week's Sight. Traders cannot move it, and manufacturers claim that with the current decline in polished prices they will lose money. IDEX says from a low cost supplier, DTC – the rough diamond sales and distribution arm of De Beers – has ascended to the pricier side of the list, alongside Russia's Alrosa. Many lots also went unsold at BHP Billiton's latest tender and Diamdel's auction, with bids falling short of the reserve prices.