MINING.COM

Canada’s mining industry joins forces with NGOs to improve transparency

A new working group of national-level mining and exploration associations and transparency-focused NGOs announced today that it has signed a Memorandum of Understanding to improve Canada's transparency regime as it relates to extractive company payments to governments.

Marketwire | September 6, 2012 | 5:04 pm

Paramount raises San Miguel gold project resources estimate by 547%

The new estimate reports 639,000 ounces of gold in the indicated category and another 830,000 ounces of gold classified as inferred.

Cecilia Jamasmie | September 6, 2012 | 4:30 pm

Inmet Mining to make $112 million bid for Petaquilla Minerals

The Toronto-based company said the bid of 48 cents per share in cash represents a 37% premium at the close of Petaquilla's trading on the Toronto Stock Exchange.

Cecilia Jamasmie | September 6, 2012 | 2:23 pm

De Beers and Peregrine Diamonds to partner up for Chidliak

Peregrine Diamonds Ltd. (TSX: T.PGD) and De Beers Canada are negotiating a partnership deal to operate Canadian Chidliak mine.

MINING.COM Staff Writer | September 5, 2012 | 5:46 pm

Mariana Resources intersects more silver and gold veins at Las Calandrias Project, Argentina

Canadian explorer Mariana Resources (LON:MARL, TSX:MRY) said the latest set of drilling results from the Calandria Sur deposit in Argentina were “good” with 13 of 21 holes returning “significant intersections” of gold and silver.

MINING.COM Staff Writer | September 5, 2012 | 3:03 pm

Diving Chinese demand hits Canadian iron ore market

Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.

Cecilia Jamasmie | September 5, 2012 | 2:28 pm

Agnico Eagle is spending $158 million on Mexican project

The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.

Cecilia Jamasmie | September 5, 2012 | 1:19 pm

Canadian Arctic mining boom draws in China-backed MMG

The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.

Cecilia Jamasmie | September 5, 2012 | 12:53 pm

Anti-corruption watchdog hounding CNOOC-Nexen deal

China’s anti-corruption watchdog has launched an investigation over the insider trading case linked to China National Offshore Oil Corp.'s bid for Nexen.

Cecilia Jamasmie | September 4, 2012 | 4:30 pm

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Acacia hit by fresh roadblock in Tanzania ahead of Barrick’s bid deadline

Vancouver junior’s stock jumps on option to acquire gold-silver project

ATAC expands target at Rau and begins drilling

Western Potash begins production drilling at Milestone

Two new coal mine proposals under review in British Columbia

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