Newmont Mining Corp. one of the world’s largest unhedged gold producers, reported that Gold prices are skyrocketing due to higher demand, U.S. trade/budget/currency issues and global instability. Declining grades are pushing up mining costs prompting the company to cut costs. We set a target of... Read more..
Olin Corporation told the press that the company has announced today that its sales for the second quarter of 2008 were $428.3 million, compared to $266.2 million in the second quarter of 2007. Net income from continuing operations in the second quarter of 2008 was $35.5 million, or $0.47 per diluted... Read more..
Chemicals and ammunition maker Olin Corp. has recently reported that reported virtually flat second-quarter earnings, as environmental clean-up and other costs hurt results. But it also forecast earnings for the third quarter above Wall Street expectations, and its shares rose almost 10 percent in afternoon... Read more..
Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal’s massive Dunkirk steel works... Read more..
NovaGold Resources Inc. announced its financial and operating results for the three and six months ended May 31, 2008, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements... Read more..
Taseko Mines Limited announces that it has been notified by the Ministry of Environment of the Province of British Columbia that the province will be moving forward under provisions of the Environmental Assessment Act with an Environmental Assessment Review of Taseko’s proposed $800 million Prosperity... Read more..
Alcoa announced the release of its 2007 Corporate Sustainability Highlights, which details the company’s global environmental, social and economic performance and shows how sustainability is integrated into all aspects of our business. The report is available on line in the Sustainability section of... Read more..
Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver... Read more..
Cameco Corporation announced that the company and Centerra Gold Inc. have signed an agreement with the Kyrgyz government that resolves all outstanding issues with respect to the Kumtor gold mine. The agreement is expected to further align the parties’ business interests and provide additional certainty... Read more..
Corriente Resources Inc. announces that its Ecuador subsidiary has received an official notice signed by Minister Derlis Palacios Guerrero of the Ministry of Mines and Petroleum in Ecuador which states that the company is authorized to reinitiate its field operations. Additionally, Corriente received... Read more..