April 3, 2012
First Majestic pays $175 million for Silvermex Resources
Mexican silver miner, First Majestic, announced a friendly acquisition of Silvermex Resources for Can$175 million.
April 3, 2012
Mexican silver miner, First Majestic, announced a friendly acquisition of Silvermex Resources for Can$175 million.
April 3, 2012
ABB, the leading power and automation technology group, has won a $32 million order to revamp four mine hoists for LKAB’s new main haulage level in its Kiruna iron ore…
April 3, 2012
Acid sprays, gassings, venomous snakes, and lightning strikes are just some of the risks faced by Queensland miners atop the threat of mine collapse and violent explosions.
April 3, 2012
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick") announced today the completion of the sale of $2.0 billion in debt securities comprised of: $1.25 billion of 3.85% notes due 2022 and $750 million…
April 3, 2012
The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Canada's Royal Bank (TSX:RY) yesterday, saying it engaged in hundreds of millions of dollars in sham futures trades to…
April 3, 2012
The profit margin for diamonds is a far cry from 70% enjoyed by the mining giants' iron ore divisions.
April 3, 2012
Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop…
April 3, 2012
London-listed African Barrick Gold (LON:ABG) reported increasing confidence in its Nyanzaga project, in Tanzania and said that the project has the potential to become its next mine in the country.
April 3, 2012
Firestone Energy Limited (ASX/JSE:FSE) rejected today an offer from Tata Power to invest in a joint venture with Sekoko Resources to develop a coal mine in the Waterberg area of…
April 3, 2012
Canadian base-metals miner Hudbay Minerals (TSX:HBM)(NYSE:HBM), rose the capital cost estimated of its giant Constancia copper project in Peru by about 50% to $1.5 billion, mentioning both scope changes and…
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