Canadian seafloor miner Nautilus Minerals (TSX:NUS) said Tuesday it has struck a deal with provider Gardline CGG, which will allow the company resume exploration around Solomon Islands, east of Papua New Guinea (PNG), where it is developing a gold,...
32 miners are still trapped underground after a piece of equipment caught fire Sunday afternoon at Vale's nickel mine in Manitoba, Canada according to press reports. 39 workers sought shelter in safe rooms under ground as a result...
The four-year-long bear market in metals stocks has resulted in an historic opportunity for investors, says Rick Mills, the owner and host of Ahead of the Herd.com. In this interview with The Gold Report, he explains that gold and...
Barrick Gold wants to reduce debt of roughly $10 billion by almost a third this year and talks to sell two gold mines – Cowal in Australia and Porgera in Papua New Guinea – are at and advanced stage....
Brazil Minerals (OTCBB: BMIX) mined a 4.01 carats diamond, it's largest to date. The company said the gem has good appearance with the ability to yield high colour and clarity grades. The company plans to cut and polish...
Goldcorp will receive $20 million in cash from Premier Gold Mines in exchange for its 40% stake in the Nevada-based South Arturo Mine Project, an advanced exploration project. Goldcorp will put some of the money towards a private...
Mining top executives are much gloomier about the current economic outlook than their counterparts in other industries, as the ongoing slump in key commodities, from iron ore to copper, continues to impact their business decisions. CEOs however remain...
