MINING.COM

Codelco not worried over potential Anglo chief’s exit

The chairman of Chile's state-owned Codelco, Gerardo Jofre, said Tuesday that an eventual change of management in London-based Anglo American (LSE:AAL) shouldn’t affect the ongoing negotiations between the miners over the long-disputed assets in the south of the country.

Cecilia Jamasmie | August 15, 2012 | 12:46 pm

Pan American silver production increases, profit down 61%

Despite reporting a 14% increase in silver production and record quarterly gold output, Pan American Silver Corp.'s (TSX:PAA) second-quarter earnings slid 61%, as the miner was hit by a double-digit decline in the precious metal prices.

Cecilia Jamasmie | August 15, 2012 | 5:48 am

Barrick’s ‘world-class asset’ begins production

The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.

Cecilia Jamasmie | August 14, 2012 | 1:24 pm

Vancouver gold junior surges 49% after Colombia find

Waymar Resources (TSX-V: WYM) rocketed on Monday on 24 times higher than usual trading volumes, after announcing the best drill results yet from its Anza project in Colombia.

Frik Els | August 13, 2012 | 11:00 pm

Coal train strike in Colombia affects main producer Drummond output

The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.

Cecilia Jamasmie | August 13, 2012 | 5:09 pm

Excellon substantial drop in profits triggers management changes

Excellon Resources (TSX:EX) Chief Financial Officer, Steve Poad, quit on Friday after the company reported a big drop in profits in the second quarter the day before.

Cecilia Jamasmie | August 11, 2012 | 3:24 pm

Mexico halts operations at 32 coal mines over safety fears

The Mexican government halted operations at the coal mines in the northern state of Coahuila on Thursday due to safety issues that have already caused the death of 13 coal miners in the last three weeks.

Cecilia Jamasmie | August 10, 2012 | 2:10 pm

2Q profit slips at Yamana due to escalating costs

Canadian precious metal miner, Yamana Gold (TSX:YRI), saw its profits slip 80% in the second quarter compared to a year ago.

Michael Allan McCrae | August 9, 2012 | 2:41 am

Mexico’s record gold production takes it closer to bullion superpower status

Mexico may not be breaking records at London’s Olympic Games, but back home it is scoring big. On Monday, the Mexican Chamber of Mining announced the country hit a new record in gold production in 2011.

Cecilia Jamasmie | August 7, 2012 | 3:38 pm

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Megastar interested in Gunpoint’s Cerro Minas project in Mexico

B2Gold offloads Nicaraguan assets, becomes Calibre’s main shareholder

GoldSpot tech used to create geological map at Yamana mine site

MineHub’s blockchain-based mining and metals technology platform goes live

Gran Colombia announces updated resource, PEA for Marmato

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