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Glencore takeover of Viterra may close in August: Agrium

Posted on June 13, 2012

The takeover still requires the Canadian government's approval, and a competition review of Glencore's side deals to sell some assets to Agrium and Richardson International Limited will begin after Glencore's transaction closes, Agrium CEO Mike Wilson told the company's investors in Chicago.

Rio Tinto shuts aluminum plant

Posted on November 18, 2011

The mining and metal making giant is closing a U.K. smelter due to rising carbon taxes and falling aluminum prices, Rio Tinto (NYSE:RIO) said.

Royal Nickel Successfully Produces High-Grade Ferronickel Product Directly from Dumont Concentrate

Posted on October 3, 2011

Testwork Indicates Potential to Utilize Alternate Processing Options to Produce High-Grade Final Product TORONTO, Oct. 3, 2011 /CNW/ – Royal Nickel Corporation ("RNC") (Toronto:RNX.TO) is pleased to announce the results of preliminary testwork completed

Chavez formalizes nationalization of country's gold mining industry

Posted on August 23, 2011

President Hugo Chavez has signed a decree formalizing the nationalization of Venezuela's gold mining industry. The move Tuesday is aimed at giving the government total control over gold produced in the South American country.

‘Gold parties’ help sellers trade sentiment for cash

Posted on August 13, 2011

EDMONTON – Women crowd around a kitchen table, each hoping their handful of old jewelry will fetch them a few $20 bills.When it’s Shirley Mueller’s turn, she pulls out a pair of earrings, a few rings and a watch.“Don’t laugh at these earrings;

TSX tumbles on falling commodities, worries over U.S. debt

Posted on July 27, 2011

The Toronto stock market tumbled as investors grow increasingly pessimistic about the potential economic consequences of a U.S. failure to raise its debt limit.

Syncrude boost offsets drop in production

Posted on July 27, 2011

Premium pricing for its upgraded oilsands crude boosted second-quarter net income for Canadian Oil Sands Ltd. in spite of lower production, it reported Tuesday.

Crocodile Gold intersects high grade gold at Union Reefs

Posted on July 25, 2011

Crocodile Gold" announced on Monday continued high-grade intersections from the exploration drilling program currently underway at the Union Reefs Project with the diamond currently being conducted below the historic Prospect pit. Crocodile Gold is a Canadian company with operating gold mines in the Northern Territory of Australia and a land package of over 2,700 km2. Crocodile Gold is currently mining from the Howley open pit mine.

Canada's reputation tied to oilsands, says retired industry boss

Posted on July 7, 2011

Without better oilsands monitoring, Canada runs the risk of being put firmly in the category of a developing country with big industry but few environmental regulations, says an oil industry insider says an oil industry insider who co-chaired a provincial oilsands panel.

TSX heads for higher open amid rising commodities, positive employment

Posted on July 7, 2011

TORONTO – The Toronto stock market appeared set for a slightly higher open Thursday as oil prices got a boost from data showing that U.S. crude supplies fell more than expected for a second week, suggesting demand is improving.The Canadian dollar rose

US study says sulfur from China's coal-burning caused slight pause in global warming

Posted on July 4, 2011

Scientists have come up with a possible explanation for why the rise in Earth's temperature paused for a bit during the 2000s, one of the hottest decades on record. The answer seems counterintuitive. It's all that sulfur pollution in the air from China's massive coal-burning, according to a new study.

Alberta Oilsands Inc share offer closes next week

Posted on June 30, 2011

Alberta OIlsands has been issued a final receipt for its short form prospectus dated June 30, 2011 filed in connection with the public offering of 15,431,200 common shares in the capital of the company at a price of $0.315 per common share for gross proceeds of approximately $4.86m. The Offering is expected to close during the week of July 4, 2011.