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Quebec sets conditions for TransCanada as poll shows falling support for pipeline

Cecilia Jamasmie | November 20, 2014
Quebec sets conditions for TransCanada as poll shows falling support for pipeline

TransCanada Corp’s key projects face increasing hurdles locally and across the border.

Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

Cecilia Jamasmie | November 19, 2014
Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

Closing the mine will cost $650 million to $700 million over the next five years.

Adani lines up $1bn for Australia’s Carmichael coal complex

Cecilia Jamasmie | November 18, 2014
Adani lines up $1bn for Australia’s Carmichael coal complex

The mine and rail project in Queensland's Galilee Basin is expected produce 60 million tonnes of thermal coal a year.

Glencore shutting Australian coal mines over Christmas

Cecilia Jamasmie | November 14, 2014
Glencore shutting Australian coal mines over Christmas

The move will cut the miner's output by 5 million tonnes — 2.5% of Australia's forecast 2014 thermal coal exports — and force about 8,000 workers to take a leave.

Mining millionaire's ex-wife about to become ‘homeless'

MINING.com Editor | November 10, 2014
Mining millionaire's ex-wife about to become ‘homeless'

Mann, who specializes in brokering mining deals, says he has run out of money.

Yanzhou Coal injects $2.8bn into troubled Australian unit

Cecilia Jamasmie | November 10, 2014
Yanzhou Coal injects $2.8bn into troubled Australian unit

In an attempt to keep Yancoal afloat as coal prices trade near multi-year lows.

Rio Tinto's $5.4bn Oyu Tolgoi expansion in limbo once again

Cecilia Jamasmie | November 10, 2014
Rio Tinto's $5.4bn Oyu Tolgoi expansion in limbo once again

Mine operator and Rio's subsidiary Turquoise Hill said Monday they have made an offer to the government of Mongolia to resolve matters in a manner deemed "beneficial to all stakeholders.”

Mining suppliers create more jobs than mining, report says

Cecilia Jamasmie | November 9, 2014
Mining suppliers create more jobs than mining, report says

The sector created 40,960 direct and 27,471 indirect jobs in 2011, paying $4.6 billion in salaries.

Cecilia Jamasmie

Mongolia-based miners in limbo after premier ousted

Cecilia Jamasmie | November 7, 2014
Mongolia-based miners in limbo after premier ousted

What happens next is critical say mining companies currently operating in the country.

Lawyers seek Barrick’s support in case against African subsidiary

Cecilia Jamasmie | November 6, 2014
Lawyers seek Barrick’s support in alleged murder case against African subsidiary

African Barrick’s North Mara mine, Tanzania’s largest gold producer, has been a flashpoint of clashes between locals and security forces for many years.

More job cuts at BHP’s Mt Arthur coal mine

Cecilia Jamasmie | November 4, 2014
More job cuts at BHP’s Mt Arthur coal mine

The firm is laying-off 150 workers by the end of February 2015.

New Brunswick’s Picadilly potash mine to start production

Cecilia Jamasmie | November 3, 2014
New Brunswick’s Piccadilly potash mine to start production

PotashCorp. still plans to close the old mine.

Cliffs Resources officially shutting Canadian Wabush Mines

Cecilia Jamasmie | October 31, 2014
Cliffs Resources officially shutting Canadian Wabush Mines

About 500 workers will lose their job.

Rio Tinto braces for $2.5bn Oyu Tolgoi writedown

Cecilia Jamasmie | October 31, 2014
Rio Tinto braces for $2.5bn Oyu Tolgoi writedown: report

According to The Times, Rio flagged the possibility of a writedown in August.

Landslide halts rescue efforts at Turkish mine

Cecilia Jamasmie | October 30, 2014
Landslide halts rescue efforts at Turkish mine

Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.

No more mine deaths in Turkey

IndustriALL Global Union | October 29, 2014

Twenty workers have either been rescued or escaped on their own from the flooded coalmine, but hopes are fading for the remaining 18 trapped underground.

Hopes for workers trapped in Turkish coal mine quickly fading

Cecilia Jamasmie | October 29, 2014
Hopes for workers trapped in Turkish coal mine quickly fading

Water levels inside the mine keep rising and rescue crews had made no contact with the trapped workers.

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Cecilia Jamasmie | October 28, 2014
Former Anglo’s senior exec. said to have taken $3.5 million from firm

Instead of paying for mine equipment and services, the former project director sent the money to private bank accounts in Barbados and London.

At least 18 Turkish miners trapped in coal mine after collapse

Cecilia Jamasmie | October 28, 2014
At least 23 Turkish miners trapped in coal mine after collapse

Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.

Freeport-McMoRan's profit down 32% amid lower copper, gold prices

Cecilia Jamasmie | October 28, 2014
Freeport-McMoRan's profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

Potash Corp remains confident of market outlook despite weak prices

Cecilia Jamasmie | October 24, 2014
Potash Corp remains confident of market outlook despite weak prices

The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.

Caterpillar posts strong results despite poor mining sales

Cecilia Jamasmie | October 23, 2014
Caterpillar posts strong results despite poor mining sales

The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.

Caterpillar global sales down 10% in September

Cecilia Jamasmie | October 22, 2014
Caterpillar global sales down 10% in September

The equipment maker is scheduled to report third-quarter earnings Thursday.

China to scrap tariffs on Australian coal

Cecilia Jamasmie | October 22, 2014
China to scrap tariffs on Australian coal

The controversial duties, imposed earlier this month, will be eliminated once ongoing negotiations on a free trade agreement (FTA) between the two nations is finalized.

Horse breeders win coal mine expansion fight against Anglo American

Cecilia Jamasmie | October 22, 2014
Horse breeders win coal mine expansion fight against Anglo

Planners ruled Anglo’s 100 million-tonne project was a threat to the Hunter Valley's thoroughbred and tourism industries.

India diamond merchant boss gives 500 cars, 200 apts to employees

Cecilia Jamasmie | October 21, 2014
India diamond merchant boss gives 500 cars, 200 apts to employees

He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.

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