African Minerals board considers changing role of chairperson Timis Mining Weekly LONDON – The board of iron ore producer African Minerals is considering changing the role of its executive chairman Frank Timis, who was recently at the centre of an investigation into a $50-million payment he authorised, a company director sai...
Gold Ridge evacuated as miner fears for safety Mining Weekly PERTH (miningweekly.com) – Gold miner St Barbara has been forced to withdraw all personnel from its Gold Ridge operations, in the Solomon Islands, on safety fears. | The miner said that there had been a ‘serious escalation’ in secur...
Miners in the dark over passage of bill Business Day Related articles | Mining minister commits to ‘rigorous, transparent’ process if bill gets approval AngloGold is ‘compliant with Mining Charter’ State threatens to halt Gold Fields operations over transgressions Under-pressure mining industry...
Copper miner OZ Minerals pays dividend despite half-year loss Sydney Morning Herald A third consecutive half-year loss has not dimmed OZ Minerals' desire to pay out dividends, with the miner once again tapping into its cash balance to pay shareholders a 10¢ dividend. | The copper miner reported a $14.3 million underlying loss f...
India notes importance of junior miners to drive exploration Mining Weekly KOLATA (miningweekly.com) - India has awoken to the need to allow junior miners to play a greater role in mineral exploration and drive much-needed foreign investments in the sector. | The Federation of Indian Mineral Industries (FIMI) has urged the ...
Oz Minerals half-year narrows loss on higher output Mining Weekly PERTH (miningweekly.com) – Copper/gold miner Oz Minerals has narrowed its net loss for the six months to June from A$268-million in the first half of 2013, to A$7.4-million on the back of higher production. | During the interim period under rev...
OZ Minerals reports third consecutive half year loss Canberra Times Oz Minerals reported a $14.3 million underlying loss for the six months to June, which was not as bad as the $61 million loss some analysts predicted. Photo: Reuters | A third consecutive half year loss has not dimmed OZ Minerals' desire to pay out d...
OZ Minerals reports third consecutive half year loss Sydney Morning Herald A third consecutive half year loss has not dimmed OZ Minerals' desire to pay out dividends, with the miner once again tapping into its cash balance to pay shareholders a 10 cent dividend. | The copper miner reported a $14.3 million underlying loss fo...
Klondex Mines transforms into profit-generating, low-cost miner Mining Weekly TORONTO (miningweekly.com) – Nevada narrow-vein gold miner Klondex Mines after market close on Tuesday reported its maiden net profit of C$4.4-million, or C$0.04 a share, demonstrating its transformation from junior explorer to gold producer. |...
CANADA STOCKS-TSX steady as gold miners offset weakness in energy producers Reuters * TSX up 12.59 points, or 0.08 percent, at 15,274.23 | * Six of 10 main index sectors advance | * Aecon, Ithaca Energy slip after results | By John Tilak | TORONTO, Aug 12 (Reuters) - Canada's main stock index was little changed on Tuesday, as advanc...
Wall Street up after Putin comments, Cisco falls Independent online New York - US stocks edged higher on Thursday after conciliatory comments by Russian President Vladimir Putin eased concerns about the country's tense situation with Ukraine and overshadowed signs of weakness in the European economy. | Addressing Russian ministers and members of parliament in Crimea, Putin said Russia would stand up for itself but ...
Google Announces New Trans-Pacific Cable for 2016 Novosti MOSCOW, August 12 (RIA Novosti) - Google’s vice president Urs Holzle announced via Google+ the company’s investment in FASTER, a new undersea cable that will connect major West Coast cities in the US to two coastal locations in Japan, on August 11. | "FASTER is one of a few hundred submarine telecommunications cables connecting various ...
