MINING.COM

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Cecilia Jamasmie | June 8, 2012 | 1:49 pm

Diamond miner Harry Winston first quarter profit sparkles

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.

Cecilia Jamasmie | June 7, 2012 | 4:39 pm

Not enough R&D threatens future of oil sands

With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.

Cecilia Jamasmie | June 7, 2012 | 3:19 pm

S&P Capital IQ endorses Barrick Gold after major management shakeup

Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.

Cecilia Jamasmie | June 7, 2012 | 2:19 pm

Lake Shore Gold extends high-grade core at Gold River Trend

Canadian Lake Shore Gold Corp. (TSX:LSG) said Thursday it is extending the area of high-grade core at its Gold River Trend property, after analyzing results of seven new holes (1,440 m) of drilling.

MINING.COM Staff Writer | June 7, 2012 | 1:58 pm

Kinross suspends mining at Tasiast gold mine in Mauritania

Canadian Kinross Gold Corp. (TSX:K, NYSE:KGC) said on Wednesday that workers at its Tasiast gold mine in Mauritania, West Africa, have initiated an unlawful work stoppage, halting mining and processing activity.

Cecilia Jamasmie | June 6, 2012 | 3:59 pm

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Cecilia Jamasmie | June 6, 2012 | 2:29 pm

Disappointed with share price Barrick Gold reshuffles top management team

Canadian Barrick Gold (TSX:ABX) announced Wednesday a major shakeup of its management team, saying that it has replaced Aaron Regent as president and chief executive officer by Jamie Sokalsky, who was the company's chief financial officer.

Cecilia Jamasmie | June 6, 2012 | 12:00 pm

India’s state-owned ONGC considers $5 billion oil sands investment

Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.

Joshua Zapf | June 5, 2012 | 6:39 pm

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Pretium says Brucejack ramp-up on schedule to reach 3,800 tonnes per day

North American Palladium reports positive near-surface results at Lac des Iles mine

CHART: Make money in resources? Invest privately

Azimut conducts predictive modeling in James Bay region, picks up four projects

Met tests return high recoveries for Anaconda’s Goldboro

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