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Aurizon mines reports 37% drop in quarterly profit

Canada's Aurizon Mines reported a 37 percent drop in quarterly profit, hurt mainly by higher exploration expenses. The mid-tier gold miner reported net income of C$6.2 million($6.3 million), or 4 Canadian cents a share, compared with net income of C$9.9 million, or 6 Canadian cents a share, last year.

Selwyn mobilizes

Selwyn Resources has mobilized the mining equipment and supplies integral to the Selwyn Project Joint Venture's proposed underground advanced exploration program.

Great Panther Silver Reports Annual Net Profit of $5 Million

Great Panther Silver increased its profits by one third over last year, the TSX and NYSE-listed company reported on Wednesday. Revenues were $42.2 million in 2010, a 33% increase over the previous year. Fourth-quarter profits were $13.8 million, up 40% from the same period in 2009.

PGM demand falls on Japan crisis

With some of the world’s top auto makers forced to stop vehicle production because of the nuclear crisis in the country, demand […]

Ready, Set, Hire: Mining Essentials program graduates are optimal candiates for employment

Mining Essentials: A Work Readiness Training Program for Aboriginal Peoples, enhances relationships and cooperation among Aboriginal communities, educators and industry by supporting training and hiring goals outlined in many formal and informal agreements (i.e. IBAs).

Mining Essentials is the only pan-Canadian work readiness program for Aboriginal peoples in mining. The program aims to ensure Aboriginal peoples have the essential skills and workreadiness training needed to enter mining and to provide industry with a local, employment-prepared workforce.