Iamgold is said to explore sale amid gold sector consolidation

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

Mining contributed $50 billion to the country’s GDP in 2011, he said, and provides “well paying” jobs for more than 300,000 Canadians.

BHP's four largest projects – Olympic Dam, the Outer Harbour iron ore infrastructure project in Australia, expansion of its US shale gas operations and Jansen potash in Saskatchewan, Canada – require $120 billion in capex costs, but will only start to contribute to the bottom line by 2023.

Hollinger pit project moving forward yet many Timmins people seem unaware.

Avalon Rare Metals, whose Nechalacho rare earth prospect in Canada's Northwest Territories is in the midst of a feasibility study, today announced the results of a separate prefeasibility study for the separation plant, to be built in Louisiana.

Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 agreement with China's largest steel producer.

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and challenges, says Lloyd’s/Chatham House latest Risk Insight report.

Victor Wyprysky, President and CEO of Chieftain Metals Inc., commented: "Chieftain's immediate attention to provide a solution to the historic environmental issues at Tulsequah demonstrates the high importance we place on community and stakeholders concerns as we move "The Chief" to construction start."

The company we will use the funds to bring its Timmins West Mine in Ontario Canada to full production, complete mill expansion and advance underground work at its other producing mine Bell Creek.