Rio Tinto sets $350m aside to expand Canada’s Diavik diamond mine

John Zigarlick Jr., who spearheaded construction of a pioneering winter mining road in the North, died Dec. 16 in Edmonton. He was 74.

Rare Element Resources' stock was up 15.17% from its opening price today to $4.13 a share after announcing results of an updated NI 43-101-compliant mineral resource estimate showing a measured and indicated mineral resource of 6.8 million tons at 3.75% rare earth oxides at its Bear Lodge Property in Wyoming, USA.

Arc Exploration Limited (ASX:ARX), an Australian gold mining exploration company with presence in Indonesia, has had its gold permit for the Bima gold prospect temporarily suspended due to the controversial dead of two protesters on Christmas Eve, in the area covered by Arc’s exploration license.

Better consumer demand provided some support to help steady the yellow metal on Wednesday as the euro dropped.

Austria, which has long been anti-nuclear, has called for the continent to abandon nuclear power altogether, but its neighbour, the Czech Republic, is pushing ahead with plans to increase dramatically its production of atomic energy. The nuclear age en...

CHINESE trader Guangdong Guangxin Holdings has signed an $89 million deal to boost its interests in Australian base metals by buying a quarter of the Mineral Hill copper and goldmine in NSW and a 15 per cent stake in mine owner KBL Mining.

With gold trading $40 higer, silver up nearly $2, crude oil rising $4.25 a barrel and mining shares on the move, today […]

The argument over whether it is better to hold mining shares or real assets has now been dramatized and animated.