Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with Sprott Resource Lending Partnership ("Sprott") for a credit facility (the "Facility") totaling up to $70 million.
More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first time since the accident during a tour to a Saskatchewan potash mine.
MINING.com reported on how opponents and proponents of hydraulic fracturing were using videos and infographics to argue their case. Now a London jeweler, Ingle and Rhode, is taking on the Kimberely Process and using an infographic to explain why, according to the company, that the standard is not up to snuff.
Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone last.
Premier Gold Mines (TSX:PG) has taken the Cove Gold Project off the hands of Victoria Gold Corp. (TSX-V:VIT) for US$28 million in cash and stock and another $20 million in future gold production.
Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.
White Tiger Gold swung into a loss in 2011 mainly due to what the company termed "administrative costs" in relation to the merger with Century Mining. In the process management's remuneration jumped to $3.9 million from $422,000 the year before. Investors shrugged and sent White Tiger Gold jumping 10.2% on Monday.
Net losses came in at a shade under $10.5 million for the year which as mainly due to what the company termed "administrative costs" that totaled $15.2 million (it was only $800,000 in 2010) in relation to the merger with Century Mining. In the process management's remuneration jumped to $3.9 million from $422,000 the year before.