MINING.COM

Prospectors and Developers Association of Canada’s convention pumps $72 million into Toronto economy

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy in 2011.

Marketwire - Mining and Metals | February 23, 2012 | 5:50 pm

EU hesitates to qualify Canada’s oil sands as more polluting than crude

In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as a more carbon-intensive source of oil than conventional crude

Cecilia Jamasmie | February 23, 2012 | 3:44 pm

Thousands strike again at Freeport’s mine in Indonesia

Thousands of workers at Freeport-McMoRan Copper & Gold Inc's (NYSE:FCX) Indonesia unit stopped working on Thursday following an unsettled ongoing dispute with the organization, reports Reuters.

Cecilia Jamasmie | February 23, 2012 | 3:09 pm

New Brunswick is the new world’s top mining jurisdiction

Eastern Canada’s New Brunswick claimed the top spot at the world’s most attractive jurisdiction for mineral exploration and development list, released by the Fraser Institute today.

Cecilia Jamasmie | February 23, 2012 | 11:00 am

Yamana books $81 million impairment loss

Despite unbeat quarter with 29% increase in revenues, Yamana also took a $81 million non-cash impairment loss on investments in available-for-sale securities recorded in the quarter.

MINING.COM Staff Writer | February 23, 2012 | 6:35 am

Pan American Silver increases proven and probable mineral reserves after successful 2011 exploration campaign

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 22, 2012) - (All amounts in US dollars unless otherwise stated and all production figures are approximate)

Marketwire - Mining and Metals | February 23, 2012 | 12:43 am

Company growth feeds human growth: junior secures key phosphate deposit in Brazil

Brazil, now the envy of debt-ridden nations, is scrambling to strengthen its control over domestic food production. This move became a matter of national security as the country saw 2008’s increased fertilizer prices threaten its agricultural sector.

Prospecting Journal | February 22, 2012 | 8:43 pm

Do central banks care more about the Dow or gold?

On Tuesday, the Dow Jones Industrial Average briefly climbed above 13,000, its highest level since May 2008. Many rejoiced at the psychological milestone as the index has nearly doubled from March 2009 lows.

Eric McWhinnie - Wall Street Cheat Sheet | February 22, 2012 | 8:24 pm

Energy inefficiencies jeopardizing Peru’s mining future

Lack of investment and long-term planning in the Peruvian electrical system are threatening to wreck billionaire mining projects, considered key to the economic growth of the country, reports today one of the major local newspaper.

Cecilia Jamasmie | February 22, 2012 | 6:15 pm

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