Long-suffering Kinross investors welcome cost-cutting chief
"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."
"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."
During the second quarter, the company achieved production of 24,426 ounces, near the top of the 20,000 to 25,000 target range, and cash operating costs of $849 per ounce produced, in line with the target for the year of $825 to $875.
Results of operations for six months ended June 30 saw net loss decrease from $9,445,770 from 2011 to $2,279,527 this Q2.
Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.
Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.
Theodore Roosevelt’s ranch in the badlands of North Dakota where the “restorative power of wilderness” made a “lasting impression” on the 26th […]
US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.
APM has entered into a definitive agreement to acquire Erdene Resources Inc., comprised primarily of Erdene's interest in the Donkin Coal Project in Cape Breton, Nova Scotia.
Assay results from its Cahuilla gold-silver Project in Imperial County, California include 22.9m of 8.46 g/t and 12.2m of 13.51 g/t, with a high of 1.5m of 39.35 g/t, within 117.4m of 2.10 g/t.
With Hycroft production of 30,662 ounces of gold and 208,208 ounces of silver in-line with Q2 expectations, the company achieves net income of $6.1 million or $0.07 per share in 2012.