Beaconsfield Gold (BCD) has formed a strategic relationship with Malaysia Smelting Corporation Berhad (MSC) with the intention of accelerating the growth of Beaconsfield Gold through exploration and acquisition. The two companies have signed a Subscription Agreement for a placement of 70 million BCD shares to MSC at a price of A$0.28 per share, representing a premium […]

Rio Tinto has reached agreement on the first sale under its planned programme to divest at least $15 billion of assets. The Group has signed an agreement to sell Kennecott Greens Creek Mining Co and Kennecott Juneau Mining Co, the subsidiaries holding its interests in the Greens Creek mine in Alaska, to an affiliate of […]

As shoppers rush to buy last-minute Valentine’s Day gifts, five of the leading jewellery retailers in the US - Tiffany & Co, Ben Bridge Jeweler, Helzberg Diamonds, Fortunoff and Leber Jeweler -  today pledged their support to permanently protect Alaska’s Bristol Bay watershed from large-scale metal mining, including the proposed Pebble gold mine. The retailers, who […]

Sherwood Copper reports that approximately 85.6% of Western Keltic’s issued and outstanding common shares were validly deposited to the offer of Sherwood for all of the outstanding common shares of Western Keltic by 5 PM (Toronto time) on February 11. Sherwood intends to issue Sherwood common shares in payment for the tendered Western Keltic common shares on or […]

Introduced to the mining industry less than three years ago as what Joy Mining Machinery describes as “the most innovative, most advanced underground battery powered articulated hauler available today,” the Joy Stamler BH10H AC continues to meet and exceed every expectation according to Donnie Evans, Battery Hauler Product Manager in the Stamler Battery Hauler Engineering and […]

There is a great deal of doom mongering and conspiracy theory editorial these days about the mining industry of the DRC and the renegotiation of contracts. What a lot of commentators are doing is to prejudge the outcome of the commission set up to review 60 mining agreements entered into by the para-statal companies of the […]