The Tsilhqot’in Nation reacted today with anger, frustration, bewilderment and disappointment to the announcement that the already rejected Prosperity Mine proposal will proceed to another review.
Gold is in a bull market and so are the gold stocks despite their struggle as a group to outperform Gold.
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (“Hecla”) (NYSE:HL) today announced third quarter net income of $55.8 million, or $0.20 per basic share, and earnings after adjustments applicable to common shareholders of $35.4 million or $0.13 per basic share.1 Third quarter silver production was 2.3 million ounces at a cash cost of $0.67 per ounce, net of by-products.2 “From this quarter, we are poised to grow production 50% over the next five years.”
The cash at the world's top six mining companies is estimated to top out at $144 billion by end 2013 and M&A activity this year is already up 67% over 2010. The gold sector has been leading the frenzy and the stock market is where they will be looking to find additional ounces.
Junior gold explorers from British Columbia to Colombia are poised to pounce. And they are not your ordinary explorers.
VANCOUVER, Canada – October 31, 2011 – Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that […]
South America-focused Yamana Gold (TSE:YRI) increased production and revenue targets for the third quarter, and rewarded shareholders with a 63% dividend increase. Toronto-based Yamana boosted production 4% to 279,274 gold-equivalent ounces (GEO) and brought in $555 million for the quarter — a 22% increase. Operating cash flow rose 57% to $330 million. The higher output came despite lower production at some of Yamana's mines in Brazil, Chile and Argentina. The best production figures came out of the El Peñón mine in Chile, which posted a 15% increase in GEO, and the Gualcamayo mine in Argentina, which marked a 17% improvement.
Today marks the anniversary of the Federal Government’s decision rejecting the Prosperity Mine proposal and protecting the environment, waters, fish and fish habitat, grizzly and grizzly habitat and our constitutionally protected rights as First Peoples in our homelands.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) - Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Eurasian Natural Resources Corporation PLC (ENRC) will implement Gemcom Surpac™, Gemcom GEMS™, Gemcom Minex™, Gemcom Whittle™ and Gemcom MineSched™ throughout its global operations. ENRC is one of the world's leading diversified natural resources groups, performing integrated mining, processing, energy, logistics and marketing operations. ENRC's production assets are largely located in the Republic of Kazakhstan, with other assets in Africa and Brazil.