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.
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.
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.
Gunmen in the southern Philippines ambushed a tribal chieftain who was campaigning against mining and destruction of forests, killing his 11-year-old son in the latest of several attacks on environmental activists, human rights group Amnesty International said Wednesday.
Gina Rinehart has raised the ire of the Australian public again with a ten minute Youtube speech on the shortcomings of the country's economy which has triggered ad hominem attacks from leading political figures.