Canadian Lake Shore Gold (TSX:LSG) announced it has resumed operations at its Timmins West Mine in Ontario, where a worker died on Tuesday, and reported a fall in its quarterly production.
A recent study published by Canberra-based think tank The Australia Institute calls for a slowdown in mining investment.
Canadian base-metals miner Hudbay Minerals (TSX:HBM)(NYSE:HBM), rose the capital cost estimated of its giant Constancia copper project in Peru by about 50% to $1.5 billion, mentioning both scope changes and inflation as reasons.
Lake Shore Gold Corp.(TSX:LSG)(NYSE Amex:LSG) today announced a new reserve estimate for the Company's Timmins West Mine, located 18 kilometres west of theTimmins, Ontario. Timmins West Mine is a commercial producing underground mining operation involving the extraction of ore from two adjacent deposits, Timmins Deposit and Thunder Creek Deposit.
There is no doubt that copper mining is a big business in Arizona, supporting over 62,000 jobs and contributing about $7.5 billion to the state’s GDP. But for Arizona to retain its prominent position in the industry, and indeed for the United States to remain a significant producer of the metal, the way that state legislature and national regulations move forward on land and mining rights will be critical.
Mediaworks reports hundreds of indigenous people in Ecuador opposed to planned mining projects are marching towards the country's capital of Quito.
Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports the assay results for the last 75 holes totaling 45,485 metres (including 15 holes abandoned for 2,566 metres) from its 2011 drilling campaign at the Detour Lake gold project in northern Ontario.
Serial mega-mine developer Robert Friedland said in early February that Ivanplats will be developing the Kamoa mine in the DRC, Africa’s largest copper project that will have a lifespan that can be “measured in generations as opposed to decades.”
Labrador Iron Ore Royalty Corp. (TSX:LIF.UN) traded lower Thursday after the company reported yesterday a drop in its full-year earnings as iron ore sales slipped.
Speculative buying of commodities, including copper, may continue to gain traction as prices are pegged to rise amid a steady rebound in the global economy, especially in the United States. Although Europe’s financial outlook remains on shaky ground, geopolitical risks in Iran and across the Middle East are pushing up energy costs, and China’s economy is showing signs of slowing down, demand for the red metal is expected to remain steady