April 26, 2012

Vale’s profits down by almost half – Q1 results

Vale, the second largest mining company, fell to the lowest in over six weeks today, after reporting its third consecutive drop in quarterly profit driven by declining iron-ore prices and…

April 26, 2012

Endeavour Silver and Aurico Gold both winners in El Cubo transaction

The El Cubo transaction whereby Endeavour Silver buys this Mexican silver/gold mine from AuRico Gold appears to be an ideal one offering excellent benefits to both parties in the deal.

April 26, 2012

Need a mining job? Head to Ecuador

Ecuador needs at least 300 mining engineers and geologists in the near future to be able to deliver on its recent mining contracts, but only about 40 such professionals graduate…

April 25, 2012

Chilean court denies Codelco bid to freeze Anglo American’s dividends

Diversified miner Anglo American Plc. (LON:AAL) announced today the 14th Civil Court of Santiago has rejected state copper giant Codelco's latest petition to freeze 49% of the dividends paid by…

April 25, 2012

Patagonia Gold on track for gold production target of 200,000 ounces a year by 2015

Patagonia Gold (LON:PGD) (TSX:PAT), an Argentina-focused gold and silver producer, said today it achieved rapid progress in 2011 and is on track towards its goal of producing 200,000 ounces of…

April 25, 2012

Canadian Westridge Resources extends high grades at its flagship Charay project in Mexico

Canadian junior mineral exploration and development company Westridge Resources (TSX-V:WST) is living up to its ‘Midas’ touch’ reputation among market watchers, after the company announced today it has extended high…

April 25, 2012

YPF nationalization could exacerbate Argentinian economy weakness

The Argentinian government's rush to expropriate control of oil company YPF "contribute to Argentina's deteriorating economic and political links with the international community," Standard & Poor warns.

April 24, 2012

Vast new copper supplies depressing prices? Don’t worry, it’s never going to happen

A senior trader in the red metal says “the miners are all lying” about the chances of their projects actually coming on stream.

April 24, 2012

CST Mining sells 70% stake in Peru copper mine for $505 million

CST Mining is selling its 70% stake in the Mina Justa copper project in Peru for US$505 million.

April 24, 2012

MBAC reports positive prefeasibility study results for its Santana Phosphate Project in Brazil

MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX:MBC) (OTCQX:MBCFF) is very pleased to announce the results of the Prefeasibility Study ("PFS") for the Company's 100% owned Santana Phosphate Project ("Santana"…