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Eastern Platinum Reports Increase in Mining Rate, Development, Production and Revenues

Eastern Platinum Limited has announced the financial results for the year ended June 30, 2007 and an overview of operations during the quarter ended June 30, 2007 (all amounts reported in $USD). Eastplats is a growing platinum group metal (“PGM”) producer engaged in the acquisition, development and mining of PGM properties located in South Africa. All of the Company’s properties are situated on the western and eastern limbs of the Bushveld Com... [more]

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Zijin Mining shares extend losses on production curbs

HONG KONG, July 28 (Reuters) - Shares in Zijin Mining Group Co Ltd <2899.HK> extended losses Wednesday morning, falling over 4 percent on news that China's government had ordered the company to curb gold mining production after a pollution discharge.

Molycorp shares drop after IPO prices low

Shares of rare earth metals producer Molycorp are dropping after the company priced shares of its initial public offering below expectations, raising $393.8 million.

China shares retreat on profit-taking

Chinese shares fell Friday on profit-taking but the market benchmark ended July up 10 percent for the best month so far this year.

Midday Glance: Silver companies

NEW YORK (AP) -- Shares of some top silver companies are up at 1 p.m.: Hecla Mining rose $.07 or 1.4 percent, to $4.92. Pan American Silver rose $.32 or 1.4 percent, to $22.85. Silver Standard rose $.18 or 1.1 percent, to $16.35. Silver Wheaton rose $.42 or 2.3 percent, to $18.79.

Zijin Mining Says Its Shares Stay Suspended Another Day Pending Statement

Zijin Mining Group Co. said that it has asked for its shares to be suspended from trading tomorrow, pending the release of price-sensitive information.

Early Glance: Silver companies

NEW YORK (AP) -- Shares of some top silver companies are up at 10 a.m.: Hecla Mining rose $.04 or .8 percent, to $4.89. Pan American Silver rose $.12 or .5 percent, to $22.65. Silver Standard rose $.01 or .1 percent, to $16.18. Silver Wheaton rose $.02 or .1 percent, to $18.39.

Zijin arrest sparks mixed day

Shares of Zijin Mining Group (2899) fell nearly 1 percent to close at HK$5.10 two days after a suspension. They did not trade on Monday or Tuesday.

Eastday-Zijin Mining fell after told to limit production

Shares of Zijin Mining Group Co. fell 1.4 percent to 5.64 yuan (0.83 U.S. dollar) at Wednesday's opening on the Shanghai bourse after the company said late Tuesday that it was asked to limit production at a gold mine in the area where its copper mine polluted a river in east China's Fujian Province.

Mining giants eyeing coal firm Aston

US-based Peabody Energy Corporation and Swiss mining giant Xstrata are understood to be eyeing emerging Australian coal miner Aston Resources.

Midday Glance: Gold companies

NEW YORK (AP) -- Shares of some top gold companies are up at 1 p.m.: Barrick Gold rose $.63 or 1.6 percent, to $41.17. Gold Fields rose $.39 or 3.0 percent, to $13.44. Goldcorp rose $.37 or 1.0 percent, to $39.13. Newmont Mining rose $.17 or .3 percent, to $55.89.




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