May 16, 2012

How to lose $1 billion in a day. Ask Eike

Brazil's Eike Fuhrken Batista is the world of mining's richest man and he's been on a roll this year – until Tuesday when $1,023,200,000 disappeared from his personal fortune.

May 15, 2012

First Majestic slashed 10% in grim day for silver sector

First Majestic Silver Corp shed most on the day and industry bellwethers Silver Wheaton and Pan American Silver both hit 52-week lows.

May 15, 2012

Orbite appoints Michael Hanley and Jean-Sébastien David to its Board of Directors

Orbite Aluminae Inc. (TSX:ORT) (the "Company") is pleased to announce two new appointments to its Board of Directors, adding Michael Hanley and Jean-Sébastien David as independent Board members.

May 15, 2012

Information session in the Kootenays

Vancouver, B.C. - Women in Mining Vancouver Branch, with the support of Women in Engineering and Geoscience (DAWEG) and Teck Coal Limited, hosted a networking and information session in Sparwood,…

May 15, 2012

Copper price: Codelco says strong stomachs will be needed this year

Can it really be worse than last year, when the copper price dropped 26% in a single month?

May 15, 2012

Gold falls as Greek woes lift US dollar

Gold fell today as generally positive euro zone GDP data failed to soothe jittery investors.

May 15, 2012

Renewed Molycorp sell-off

In lunchtime trade Molycorp was changing hands for $24.37, down $1.06 or 4%, in reaction to a downgrade and as investors continue […]

May 15, 2012

Trans Hex to return to profit as production grows

Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.

May 15, 2012

Lucara Diamond Corp. reports first quarter results

Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.

May 15, 2012

Zimbabwe Government: No going back on mining fees

The government of Zimbabwe said the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.