Two of the 33 Chilean miners trapped during 69 days underground in 2010 are back in the mining world, after over a year of vain efforts to find a job, reports local online news site SoyCopiapo.cl.
Graham "Skroo" Turner, whose $365 million fortune makes him one of Australia's richest people, is setting up a koala sanctuary in Queensland in a bid to stop a coal mine.
As hearings into the Northern Gateway pipeline continue, Enbridge, the company behind the $5.5 billion project to transport oilsands crude 1,170 kilometres from Brudenheim, Alberta to a new marine terminal in Kitimat, says it would consider moving the pipeline terminus to another location further north.
Police arrested at least 350 people after deadly violence during an illegal strike at the world's largest platinum mine run by South Africa's Impala Platinum, a senior officer said Sunday.
Despite a volatile year for gold prices in 2011, demand for the precious metal still remained strong.
Roger Wiegand, editor of Trader Tracks, says cycles will bring gold and silver higher in the first half of 2012: gold up to $2,050/oz and silver up to $44/oz or even $50/oz. He sees plenty of opportunities for volatility given the political and economic situation in the U.S. and the EU.
Sascha Opel, publisher of one of Germany’s most popular commodity newsletters, looks at the economy with rose-colored glasses. He sees the end […]
US-Iranian saber-rattling or impending shoot-out?
Lake Shore Gold Corp. today announced an updated National Instrument ("NI") 43-101 resource estimate for the Company's Timmins West Mine which is located in Timmins, Ontario. The Timmins West Mine includes the TI and TC deposits. The updated resource for the Timmins West Mine includes 1,122,500 ounces Au (5,826,000 tonnes grading 5.99 gpt in the Indicated category) and 791,500 ounces Au (4,272,000 tonnes at an average grade of 5.76 gpt) in the Inferred category.
The resource markets have weathered some death defying ups and downs lately. But Michael Ballanger, senior investment advisor with Toronto-based Union Securities, […]