MINING.COM

Red Lake troubles cost Goldcorp production but revenues still up 11%

Lower ore grades at its flagship Red Lake Mine in Ontario did not prevent Goldcorp (TSX:G) from achieving a $479 million profit in the first quarter.

Andrew Topf | April 26, 2012 | 6:07 am

Bernanke: Damp squib

What gold bulls were waiting for did not materialize, but it could have been worse. Much worse.

Frik Els | April 25, 2012 | 11:48 pm

Nickel price decline halves Sherritt’s Q1 earnings

Toronto-based Sherritt International had a rough quarter, revealing on Wednesday a 50% drop in earnings from $63 million to $32 million when measured against the same quarter of 2011.

Andrew Topf | April 25, 2012 | 11:23 pm

Indian consortium among firms shortlisted for Afghan copper, gold assets

A consortium of Indian firms is among 25 companies shortlisted to invest in new copper and gold deposits in Afghanistan.

Andrew Topf | April 25, 2012 | 8:27 pm

Infographic: Warren Buffet, aliens on Mars and gold

The sage of Omaha's investment strategies have been well documented but he's no fan of gold...

Frik Els | April 25, 2012 | 6:58 pm

Chilean court denies Codelco bid to freeze Anglo American’s dividends

Diversified miner Anglo American Plc. (LON:AAL) announced today the 14th Civil Court of Santiago has rejected state copper giant Codelco's latest petition to freeze 49% of the dividends paid by the Sur Division of the London-based miner.

Cecilia Jamasmie | April 25, 2012 | 5:08 pm

Possible imminent Eurozone collapse a game-changer for gold

Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!

Mineweb | April 25, 2012 | 5:04 pm

Rio Tinto finalizes Guinea JV with Chinese aluminum giant

Anglo-Australian diversified miner Rio Tinto announced today it has completed the formation of its joint venture with a group led by China's Chalco, subsidiary of state-owned aluminum giant Chinalco, to operate the Simandou iron ore project in Guinea.

Cecilia Jamasmie | April 25, 2012 | 4:27 pm

Patagonia Gold on track for gold production target of 200,000 ounces a year by 2015

Patagonia Gold (LON:PGD) (TSX:PAT), an Argentina-focused gold and silver producer, said today it achieved rapid progress in 2011 and is on track towards its goal of producing 200,000 ounces of gold per year by 2015.

Cecilia Jamasmie | April 25, 2012 | 3:27 pm

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Is Glencore about to dump $16 billion of stockpiles?

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