Harry Winston Diamond Corporation (TSX: HW) (NYSE:HWD) (the "Company") today announced its first quarter Fiscal 2012 results for the quarter ending April 30, 2011.
Robert Gannicott, Chairman and Chief Executive Officer stated, "This quarter's results reflect improving rough diamond prices combined with increasing sales and profit for the luxury brand segment.
CanAlaska Uranium Ltd. (TSXV: CVV) ("CanAlaska" or the "Company") is pleased to announce that its common shares will be listed and commence trading on the Toronto Stock Exchange ("TSX") within the next two weeks. The company's current trading symbol, CVV, will remain unchanged.
"This graduation to the senior TSX board represents another milestone in the development of CanAlaska Uranium," said Mr. Peter Dasler, President & CEO.
One of Canada's most successful, historic gold mines is poised for a renaissance following a new resource estimate that outlines 1.26 million ounces of gold.
The updated NI-43101, filed Wednesday by Ottawa-based PC Gold, says the gold is contained in 10.15 million tonnes of ore averaging 3.9 g/t Au. The deposit has a higher-grade underground component of 1.1 million ounces averaging 5.4 g/t Au, with almost half — 600,000 ounces — contained in high-grade veins grading 9.3 g/t Au.
Image by PC Gold Inc.
Zimbabwe's Newsday reports the National Mine Workers’ Union has complained about the working conditions at Chinese-owned chrome and gold mines dotted around the Midlands region, saying they were inhuman and unsafe.
At a meeting to commemorate the death of 427 Hwange miners at the Kamandama underground mine in 1972, national organising secretary Cotten Ndlovu said miners at Chinese-run companies were being forced to work long hours without incentives and protective clothing and accused Chinese mining firms of flouting the country’s labour laws.
H2O Innovation, a complete water treatment solutions company providing custom designed high performance systems for the municipal, industrial, and natural resources markets, announces today that it has been awarded a major $9.4 million contract by Fort Hills Energy for the Fort Hills Oil Sands Project operated by Suncor Energy Operations.
This contract will see H2O Innovation design, build, install, and commission a water treatment package that will provide potable water for the workers of Fort Hills Project currently in development 90 kilometers north of Fort McMurray, Alberta.
Edward Lee, President of Molycor Gold, reported that drilling has commenced on its 100% owned Beaverdell Silver property, located 4km southeast of Beaverdell, British Columbia.
The exploration program will be focused on the North Kokomo – Tiger and Duncan Bounty vein areas where high grade rock chip samples were taken during an assessment program carried out during fall 2010 up to 61.98 oz/ton silver.
Chieftain Metals has initiated an important step in its 2011 operations plan by transporting heavy machinery and equipment via barge to the Tulsequah Chief mine site in north-western British Columbia.
Copper Mountain Mining announced that construction of the processing plant is complete and on scheduled for June 2011 production from the Copper Mountain Mine.
Mining is proceeding as planned and has been delivering ore to the primary crusher since mid April. The Company has been stock piling ore as part of preproduction mining activities.