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Mining News

Mining news continually updated from thousands of sources around the net.

3 hrs ago | AmericanBankingNews.com

Agnico Eagle Mines Lowered to Hold at Desjardins

Shares of Agnico Eagle Mines traded down 8.76% on Thursday, hitting $37.19. The stock had a trading volume of 4,572,410 shares.

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Related Topix: AgnicoEagle Mines

7 hrs ago | Canada.com

TSX declines amid mixed earnings, interest rate concerns

The Toronto stock market was lower as a number of big Canadian corporations missed earnings forecasts and and concerns rose about when the U.S. Federal Reserve may hike interest rates.

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Related Topix: Barrick Gold

11 hrs ago | Brandon Sun

Barrick Gold looking to Nevada for growth as it continues to cuts costs

Barrick Gold Corp. is looking at its projects in Nevada - the state that helped make the company - for growth as it continues to cut costs and focus its operations, chief executive CEO Jamie Sokalsky said Thursday.

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Related Topix: Barrick Gold, Middle East, Saudi Arabia, World News

11 hrs ago | Brandon Sun

Goldcorp reports US$181M second-quarter profit, revenue climbs to $906M

Goldcorp Inc. earned US$181 million in its latest quarter compared with a big loss a year ago when the company wrote down the value of its Penasquito mine and Cerro Blanco project.

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Related Topix: Goldcorp, Mexico, World News

15 hrs ago | Business Journal

Universal Stainless swings to profit in 2Q

An increase in sales to the aerospace industry helped Universal Stainless & Alloy Products Inc.'s earnings to soar in the second quarter.

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Related Topix: Steel, Universal Stainless and Alloy Products

19 hrs ago | Journal Gazette

Ivy Tech now offers CNC training

Meg Distler of the St. Joseph Community Health Foundation, left, Bob Distler of Superior Essex and Jorge Ortiz of Sen. Joe Donnelly's office tour the advanced manufacturing lab at Ivy Tech on Wednesday.

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Related Topix: US News, US Senate, US Politics, Senator Joe Donnelly, US House of Representatives, Democrat, Representative Joe Donnelly, Steel, Steel Dynamics, Noble County, IN, Allen County, IN, Fort Wayne, IN

Wed Jul 30, 2014

The Ecologist

Rio Tinto's 'sustainable mining' claims exposed

Global mining giant Rio Tinto markets itself as a 'sustainable company', writes Kemal Ozkan.

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Related Topix: Rio Tinto

The Age

When BHP's boss met Putin

Strong ties: Russian President Vladimir Putin speaking to business leaders at the World Economic Forum during the global financial crisis Before taking over the top job at BHP Billiton, Andrew Mackenzie met a world leader with enormous influence over the global resources sector: Vladimir Putin.

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Related Topix: Vladimir Putin, Rio Tinto

Post-gazette.com

Consol, Range hamstrung by lack of pipelines

Consol Energy Inc. more than doubled its gas production during the past three months, compared with the same period in 2013, but like other Marcellus Shale operators, it's eager to get its gas out of this region and to more lucrative markets.

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Related Topix: Consol Energy, Michigan

Business Journal

Newmont Mining to open $1 billion gold mine in South America

Newmont Mining Co. says it will develop a gold mine in the South American nation of Suriname at a cost of $900 million to $1 billion.

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Related Topix: Newmont Mining Corporation of Canada, Greenwood Village, CO

Business Journal

Tax abatement coaxes automotive supplier to Clarksville

Delaware-based Shiloh Industries plans to bring 150 jobs and about $20 million in investment to the Clarksville site formerly home to a Contech/Metal Forge factory.

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Related Topix: Shiloh Industries, Steel

Sydney Morning Herald

Rio Tinto abandons Mozambique

The Riversdale acquisition famously led to the sacking barely two years later of former chief executive Tom Albanese, when the assets were impaired by $US3 billion dollars.

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Related Topix: Rio Tinto

Tue Jul 29, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The new shares are dis... )--Pulaski Financial Corp. reported net income available to common shareholders for the quarter ended June 30, 2014 of $2.8 mill... )--Newmont Mining Corporation will invest in developing the Merian gold mine in Suriname with strong local support for the project and expected all-in sustaining c... )--Mike Sickels, chairman ... (more)

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Related Topix: Newmont Mining Corporation of Canada, UGI, Energy, Oil & Gas, Amerigas Partners lp

Brandon Sun

Canadians senior gold miners set to report second-quarter results

Canada's senior gold producers are expected to boast about their ability to trim costs some of the biggest names in the sector report their second-quarter results Wednesday.

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Related Topix: Barrick Gold, Kinross Gold

Northern Life

The end of Cliffs in the Ring of Fire?

A New York hedge fund proclaims it's won a bitter proxy fight with Cliffs Natural Resources to achieve majority control of the Ohio iron ore and coal miner's board of directors.

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Related Topix: Cleveland Cliffs, Metals

Reuters

UPDATE 2-Higher shipments, prices help AK Steel post surprise profit

AK Steel Holding Corp reported a surprise quarterly profit as prices rose and it shipped more steel, sending its shares up nearly 8 percent to their highest in two years.

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Related Topix: Steel, AK Steel Holding, West Chester, OH, Chester, OH

NewsOK.com

Arch Coal posts bigger 2Q loss

You now have an easier online to way to manage your Home Delivery subscription for The Oklahoman.

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Related Topix: Arch Coal, Oklahoma

Ledger-Enquirer.com

Waste Management selling subsidiary for $1.94B

It is selling Wheelabrator Technologies Inc., which owns or runs 17 waste-to-energy facilities and four independent power-producing plants in the U.S. The business also has four ash monofill landfills, three transfer stations and an ongoing development and construction project in the U.K. Wheelabrator's 2013 revenue totaled about $845 million.

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Related Topix: Environmental, Waste Management, Wallbridge Mining Company, Metals

Seeking Alpha

Potash Corp. Q2 EPS Clears Low Bar, Year Over Year Sales And Earnings Lower

While Potash Corp. reported better than expected earnings per share of $0.56 on July 24, investors should still be wondering when the negative year over year comparisons will end.

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Related Topix: Potash Corporation of Saskatchewan, Chemicals

Mon Jul 28, 2014

Sydney Morning Herald

Gina Rinehart says MRRT scrapping "isn't about making Gina richer"

Gina Rinehart's $10 billion Roy Hill iron ore project in WA has reached the halfway point of construction.

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Related Topix: Rio Tinto

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