The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with.
If 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion announced in the global mining sector, 2012 will be remembered as the year of the “African Renaissance,” concludes the latest PricewaterhouseCoopers’ report released this morning.
In this exclusive interview with The Gold Report, Sean Rakhimov, publisher of the SilverStrategies.com website, talks about how the global forces of monetary policy and fear are expected to push investment demand for silver much higher and highlights some companies he expects to profit most from the coming silver boom.
Cameco (TSX:CCO) (NYSE:CCJ) announced today that the Finnish government has granted a licence for the extraction of uranium as a by-product from the Sotkamo nickel mine operated by Talvivaara Mining Company Plc. (LSE: TALV) in eastern Finland.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 2, 2012) - Abacus Mining & Exploration Corporation (TSX VENTURE:AME) ("Abacus" or the "Company") is pleased to report that the previously announced non-brokered private placement has been in...
Baja responds to misleading statements by dissident shareholder Mount Kellett Master Fund II A L.P., and highlights Mount Kellett's failure to address seven critical facts in its dissident circular. Baja cautions shareholders not to trust the Mount Kellett wolf in sheep's clothing.
New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today announces financial and operational results for the fourth quarter and year ended 2011, with record annual earnings and cash flow. The company, once again, met its production guidance achieving record annual production of 387,155 ounces during 2011 at a total cash cost(1) per ounce sold, net of by-product sales, of $446 per ounce.
After a tough 2011, the junior resource market is turning and things are definitely looking up, Resource Opportunities Publisher Lawrence Roulston tells us in this exclusive interview with The Gold Report.
A new "ultra-efficient" security and floodlight for mining and quarrying applications uses up to 70% less energy than the halogen equivalent and lasts 30 times longer, say makers UK-based Marl. The new light from Marl uses LED technology, and is described as an ideal solution for illuminating surface and underground mining operations.
Moody's sees record results from iron ore miners in 2011 unlikely to be maintained as prices expected to weaken - except perhaps for the big three: Vale, Rio Tinto and BHP.