Cecilia Jamasmie , Senior Editor

Former Wall Street trader’s comments on Europe has the financial community raving on Twitter

Nassim Taleb, a former Wall Street trader and author of the famous book “The Black Swan: The Impact of the Highly Improbable,” is being attacked this morning by the financial community in different social media outlets, mainly Twitter, after a Bloomberg article quoted him saying he favours investing in Europe over the U.S.

Cecilia Jamasmie | May 30, 2012 | 12:36 pm

Silvercorp says work interrupted at mine in China

Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner, said Monday that production at its flagship silver-lead-zinc Ying Mine will be interrupted for about five days as a result of power interruptions.

Cecilia Jamasmie | May 29, 2012 | 7:08 pm

Canada’s Kinross Gold sells stake in Brazilian mine to AngloGold for $220 million

Canada’s third main gold miner Kinross Gold (TSX:K) is selling its stake in the Crixas gold mine in Brazil, to South Africa’s AngloGold Ashanti for $220-million.

Cecilia Jamasmie | May 29, 2012 | 5:30 pm

First Uranium says Olma demands are ‘unrealistic’

John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".

Cecilia Jamasmie | May 29, 2012 | 5:13 pm

BHP and Rio Tinto not enthusiastic about hiring foreign workers

BHP Billiton and Rio Tinto won’t be following Australia’s richest person and number four on the list of the world of mining's billionaires Gina Rinehart’s plan to import foreign workers under enterprise migration agreements (EMAs).

Cecilia Jamasmie | May 29, 2012 | 4:28 pm

Why a remote area in Canada is poised to become one of the world’s major iron ore producing regions

The Labrador trough. An infographic.

Cecilia Jamasmie | May 29, 2012 | 2:54 pm

State of emergency in Peru after two anti-Xstrata protestors died in clashes with police

Peru's government declared a 30-day state of emergency on Monday night after two people were killed and dozens of police officers injured in violent anti-mining protests against Swiss based-Xstrata near Cuzco, in south eastern Peru.

Cecilia Jamasmie | May 29, 2012 | 11:22 am

Aquarius Platinum reassures investors over Mimosa mine in Zimbabwe

Aquarius Platinum said its Mimosa mine has not been affected by the recent directive from the Reserve Bank of Zimbabwe regarding the suspension of banking services for certain stage.mining.companies.

Cecilia Jamasmie | May 28, 2012 | 4:52 pm

Canadian Selwyn Resources evaluating smaller plan for zinc leading project

Canadian miner Selwyn Resources (CVE:SWN) stocks were falling almost 17% this morning as the company said it was evaluating a smaller tonnage mine plan for its flagship zinc and lead project in Yukon, northern Canada.

Cecilia Jamasmie | May 28, 2012 | 4:31 pm

Brazil’s Vale to sell all of its Colombian coal assets for over $400 million

Mining giant Vale said on Monday it will sell its coal assets in Colombia to CPC, a unit of Colombian Natural Resources, for $407 million.

Cecilia Jamasmie | May 28, 2012 | 3:52 pm

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