Greenland embraces mining rush, but won’t ‘favour one country alone’ — Prime Minister

Cecilia Jamasmie | March 6, 2014
Greenland embraces mining rush, but won’t ‘favour one country alone’ — Prime Minister

Arctic region's vast riches set to attract over $100 billion in investments over the next decade.

Alberta most attractive mining destination in Canada, third worldwide

Cecilia Jamasmie | March 3, 2014
Alberta most attractive mining destination in Canada, third worldwide

Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.

Top 10 oil and gas producing countries in 2012

Vladimir Basov | June 14, 2013
Top 10 red

World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.

Norwegian tax increase forces Statoil to delay $15.5b arctic project | June 11, 2013
Oil rig supply ship in Norway

Levy hikes have reduced the profitability of the venture.

Statoil eyes 'considerable' North Sea discovery | April 24, 2013

Reserve could contain between 40 million and 150 million recoverable barrels of oil equivalent.

Fraser Institute ranks Finland and Sweden top mining destinations

Cecilia Jamasmie | February 28, 2013
Fraser Institute ranks Finland and Sweden top mining destinations

Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.

New mercury treaty leaves artisanal gold miners in limbo

Cecilia Jamasmie | January 21, 2013
New mercury treaty leaves artisanal gold miners in limbo

Artisanal gold mining, the largest source of global mercury pollution in small-scale operations, is the only source of income for as many as 15 million people in 70 countries, mostly poor ones.

It’s getting warm in Antarctica, but mining still a pipe dream

Cecilia Jamasmie | December 30, 2012
It’s getting warm in Antarctica, but mining still a pipe dream

The West Antarctic Ice Sheet is warming at three times the global average. Would this open the door for mining?

Norway to commence testing of promising new nuclear fuel

Marc Howe | December 14, 2012
Nuclear restarts spells trouble for LNG

Thorium to be tested in Norway's existing nuclear reactors

Mexico is the most energy secure country – report

Cecilia Jamasmie | October 17, 2012

Mexico is the most energy secure nation among the world's 25 biggest energy consumers, reported the U.S. Chamber of Commerce in a recent study of the largest energy-consuming countries.

Norsk Hydro sells aluminum remelt plant in Taiwan

Cecilia Jamasmie | September 24, 2012

Norwegian Norsk Hydro, one of the world's top aluminum producers, is selling its aluminum remelt plant in Taiwan to Ting Sin Metal Co. Ltd for an unrevealed amount, the company said in a statement on Monday.

Northern Iron says receives rival bid from Prominvest

Reuters Africa | July 29, 2012

The new offer from Prominvest was highly conditional and indicative with a cash price of A$1.42 per share, Northern Iron said. That was just above a sweetened A$1.40 per share offer from Aditya Birla worth A$518 million.

Northern Iron surges as Indians fatten offer

Marc Howe | July 25, 2012
iron man

Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid to USD$532 Million.

Beumer to supply curved pipe conveyor to LKAB

International Mining | February 9, 2012

Sweden's LKAB has commissioned Beumer to provide a curved pipe conveyor for the transport of olivine in summer and quartzite in winter, each at 800 t/h. This material is used for the production of high-quality iron ore pellets. The system will be installed at the company-owned transshipment port in Narvik, Norway. It will automate the storage of material and the filling of railway wagons, which is currently done manually. These wagons transport the material to the main plants in Kiruna and Malmberget.

Global aluminum demand to slow in 2012, says top producer

Cecilia Jamasmie | December 2, 2011
aluminum wire spool texture

Norsk Hydro, one of the world's top aluminum producers, sees growth in global aluminum demand weakening in 2012 as a result of economic turbulence that is creating a weak market and pushing many industry players into the red.
In a press release, Hydro's President and CEO Svein Richard Brandtzæg showed confidence in the market and he company, despite the fact Hydro's stocks dropped 2.9 percent after the prediction.

For sale: used 20-bedroom oil platform with heli-pad and panoramic views

Michael Allan McCrae | November 9, 2011

Statoil, the Norwegian state-owned energy company, is selling an oil platform to the highest bidder.

The Huldra platform is located off the coast of Norway, about 16 miles from the Veslefrikk field.

A slightly over-the-top ad is on the company's website extolling the virtues of oil platform ownership.

Be Norwegian or Australian if you want a raise

Michael Allan McCrae | September 26, 2011

Workers in Australia and Norway are getting pay raises, and they are getting paid for staying on the job, not greater productivity.

Statoil loses in Alberta, wins big in North Sea

Frik Els | August 17, 2011

An Edmonton court was told on Wednesday that Norwegian energy giant Statoil will admit to some environmental infractions in relation to water use at its oil sands operations in northern Alberta.

The news comes on the same day that the state-owned company announces a North Sea oil field discovery with total yield of between 500 million and 1.2 billion barrels of oil, making it the largest discovery there in 30 years.

Around 70 oilfields are in production on the Norwegian continental shelf, producing some 2.1 million barrels per day. Canada's oil sands produce 1.5 million bpd, a figure that is expected to more than double by the end of the decade.

Northland and Kiruna Wagon to design a prototype for new railcars

Marketwire | June 9, 2011

Northland is a development-stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will exploit magnetite iron ore deposits, feeding a single, multi-line processing facility in Sweden. The process yields a very high-grade, high-quality magnetite iron concentrate. The Company is also preparing a Definitive Feasibility Study for the Hannukainen Iron Oxide Copper Gold Project in Kolari, northern Finland.

Norway's Orkla rumoured to sell Elkem metals unit to China's BlueStar

Mineweb | January 10, 2011

Deal delayed to allow time for dust to settle after Nobel Peace Prize controversy, says Norwegian newspaper Dagens Naeringsliv.

Giant gaskets seal underground highway tunnel

In Madrid, Spain, an underground highway tunnel will help reduce traffic congestion. Like moles, two massive tunnel boring machines have inched their way forward, leaving a walled tunnel behind. Gaskets from Trelleborg provide a waterproof seal between the massive tunnel …

Norway's Aker Solutions ASA wins engineering and procurement contract from US mining company Freeport-McMoRan Copper & Gold Inc

Norwegian engineering, construction and technology group Aker Solutions ASA (formerly Aker Kvaerner) (OSE: AKSO) said on Wednesday (28 May) that it has received a engineering and procurement services contract from the US company Freeport-McMoRan Copper & Gold Inc.