Newcrest Mining (ASX:NCM), Australia's leading gold mining company, has doubled year profits as if to prove the fact.
Hundreds of striking miners in Bolivia have occupied a hydro-electric station which supplies power to the San Cristobal mine. The mine is owned by Japanese company Sunitomo Corp and it is located in the southern Potosi region.
Ivanhoe Australia (ASX:IVA) is planning to raise up to $269 million for the acquisition of a project to be developed in Queensland and to repay current
Lincoln Mining Corporation, (TSX-V: LMG) a Canadian company exploring and developing prime gold and silver projects, has reported on progress at its La Bufa property in southwestern Chihuahua, Mexico.
Deutsche Rohstoff Australia hopes to mine about 200,000 tonnes of gold ore from several gold deposits in August this year.
The Labor Party has a new leader and the mining industry is already gaining across the Australian stock market. With Prime Minister Kevin Rudd being ousted by Julia Gillard the proposed Resources Super Profits Tax on the...