Mining

Goldcorp earnings way up in quarter

ELKO - Goldcorp Inc. reported net earnings for the second quarter of $828.3 million, compared with a net lost of $231.6 million in the second quarter of 2009 and record cash flow of $382.6 million, boosted by high gold prices.

Jul 29, 2010 | 7:53 pm | (0) Comments

Barrick posts record income

ELKO - Barrick Gold Corp. on Thursday reported net income rose 59 percent to a new record in the second quarter, a time of record gold prices.

Jul 29, 2010 | 7:34 pm | (0) Comments

BLM releases draft EA on Rochester

ELKO - The Coeur Rochester Mine 20 miles northeast of Lovelock is a little closer to mining again with the release of the U.S. Bureau of Land Management's preliminary environmental assessment of the project.

Jul 28, 2010 | 5:57 pm | (0) Comments

Newmont earnings surge in quarter

ELKO - Newmont Mining Corp.'s net income for the second quarter of this year more than doubled the 2009 second-quarter profit in light of record gold prices, but the earnings still missed what analysts expected.

Jul 28, 2010 | 5:21 pm | (0) Comments

Nevada teams in MSHA competition

ELKO - Mine rescue teams are competing in the U.S. Mine Safety and Health Administration event in Reno this week, including eight teams from Nevada gold mines.

Jul 28, 2010 | 1:57 pm | (0) Comments

Football star joins MSHA safety campaign

ARLINGTON, Va. -The U.S. Department of Labor's Mine Safety and Health Administration today announced that Kansas City Chiefs' running back Thomas Jones has become a spokesman for the agency's annual "Stay Out-Stay Alive" public safety campaign.

Jul 28, 2010 | 12:32 pm | (0) Comments

Jerritt Canyon resumes exploration

Exploration drilling resumes at Jerritt Canyon

Jul 27, 2010 | 4:38 pm | (0) Comments

Eureka County addresses housing needs

EUREKA  — Eureka County Commissioners are working with the Nevada Rural Housing Authority to develop new housing in the town of Eureka now that General Moly has turned a subdivision site back to the county as part of a mutual agreement.

Jul 23, 2010 | 11:09 pm | (0) Comments

Bullion Monarch reports record revenue

ELKO - Bullion Monarch Mining on Tuesday reported the company recorded its best revenue year ever, with revenue of $5,214,603 in fiscal 2010, but net income was down.

Jul 21, 2010 | 2:42 pm | (0) Comments

Eureka County addresses housing needs

EUREKA - Eureka County Commissioners are co-sponsoring a community meeting at 7 p.m. today at the Eureka Opera House with the Nevada Rural Housing Authority to talk about a housing opportunity now that General Moly has turned a subdivision property back to the county.

Jul 21, 2010 | 11:47 am | (0) Comments

BLM issues notice on Cortez Hills study

ELKO - The U.S. Bureau of Land Management said Monday it has published a formal notice that the Battle Mountain office is preparing a court-ordered supplemental environmental impact statement on Barrick Gold of North America's Cortez Hills operations.

Jul 19, 2010 | 5:32 pm | (0) Comments

Gold price lowest in two months

ELKO - Gold prices are slipping, reaching a new two-month low, and share prices in gold producers with operations in Nevada were down Monday, as well.

Jul 19, 2010 | 4:51 pm | (0) Comments

Drumlummon Mine yields gold, silver

HELENA, Mont. - The Drumlummon gold and silver mine near Marysville hit pay dirt last month.

Jul 19, 2010 | 9:56 am | (2) Comments

Quadra FNX acquires Gold Wheaton shares

ELKO - Quadra FNX Mining Ltd. that operates the Robinson Mine near Ely has acquired ownership of nearly 20.5 million shares of Gold Wheaton Gold Corp.

Jul 16, 2010 | 9:47 am | (0) Comments

MSHA offers safety grants

ARLINGTON, Va. - The U.S. Department of Labor's Mine Safety and Health Administration has announced a competition for $500,000 in safety and health training grants to help identify, avoid and prevent unsafe working conditions in and around mines.

Jul 15, 2010 | 7:44 pm | (0) Comments

Royal Gold part of Thompson Creek deal

ELKO — Royal Gold Inc. announced this week it agreed to acquire 25 percent of the gold produced from the Mt. Milligan copper-gold project in British Columbia from Thompson Creek Metals Co.

Jul 15, 2010 | 2:43 pm | (0) Comments

Expansion begins at lithium operation

ELKO - Rockwood Holdings Inc. announced its Chemetall Foote subsidiary has begun expansion of its lithium production operation near Silver Peak in Esmeralda County.

Jul 14, 2010 | 7:31 pm | (0) Comments

Allied Nevada reports record sales

ELKO - Allied Nevada Gold Corp. announced record metals sales in the second quarter from its Hycroft Mine in Humboldt County of roughly 29,600 ounces of gold and 64,000 ounces of silver.

Jul 14, 2010 | 1:13 pm | (0) Comments

Yukon-Nevada negotiates financing

ELKO - Yukon-Nevada Gold Corp. announced Sprott Asset Management LP has agreed to purchase $25 million in principal senior notes on behalf of others and sale proceeds will be used at the Jerritt Canyon Mine north of Elko.

Jul 14, 2010 | 12:10 pm | (0) Comments

OCI Chemical wins Safety Olympiad

OCI Chemical wins Safety Olympiad

ELKO - The OCI Chemical team from Green River, Wyo., took top honors at the 2010 Safety Olympiad at the Elko Convention Center.

Jul 12, 2010 | 10:22 pm | (0) Comments

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