Toronto and New York-listed gold producer Agnico-Eagle Mines Limited (AEM) has received permission from the Nunavut Impact Review Board (NIRB) to move ahead with an all-weather access road to its Meliadine exploration gold project.
But as they say 'One swallow does not make a summer' and this one day bounce does not make up for the recent dismal performance of this stock.
Barrick Gold Corp. (TSX:ABX), the world’s biggest gold miner, announced that profit slipped in the fourth quarter as the company booked US$153-million in various after-tax charges tied to redundant power assets and its investment portfolio.
IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has declared an inferred resource of 466.8 million tonnes at a grade of 1.65% Total Rare Earth Oxides ("TREO") as a result of its 2011 exploration drilling program conducted on the rare earth elements ("REE") zone adjacent to its Niobec niobium mine near Saguenay, Quebec, Canada.
Vietnam's central bank wants to "mobilize" gold from citizens which it says are hoarding 300 – 500 tonnes to free up funds for socio-economic development in the communist country.
BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.
Iamgold (TSE:IMG) stock was down Monday despite announcing strong fourth-quarter production results.
Canada's Inmet Mining (TSX:IMN) reached a milestone after the government of Panama approved the environmental and social impact assessment (ESIA) for its Cobre Panama copper project.
In 2012 the Canadian dollar is predicted to stay just below par and Canadian GDP will grow just two percent, according to Doug Porter, Deputy Chief Economist at BMO Capital Market, who released his 2012 predictions on Boxing Day.
Top-tier oilsands company Canadian Oil Sands (TSE:COS) is cranking up production at its Syncrude oilsands project.