July 12, 2012 Rio Tinto CFO steps down, major shakeup follows Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.
July 12, 2012 Woulfe signs memorandum of understanding (MoU) for KRW120 billion (US$104 million) debt financing with Korea’s largest bank Woulfe and its subsidiary, Sangdong Mining, executed a deal with Shinhan Bank for a 12-year term loan amounting to $104 Million for the development of the Sangdong tungsten-Molybdenum project.
July 12, 2012 TomaGold corporation awards DIAGNOS a contract to use its artificial intelligence technology to target gold and copper DIAGNOS will assist Tomagold by using its CARDS (Computer Aided Resource Detection Software) technology, which makes it possible to identify the sites having the same signature as known mines and…
July 12, 2012 Metanor produces 25.1 % more gold ounces than expected from its bulk sample The bulk sample has shown a gold recovery of 97.58% compared to the 93% estimate and produced 25% more ounces of gold than expected in the pre-feasibility.
July 12, 2012 Chile’s largest open pit copper mine goes underground Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially…
July 12, 2012 Roxgold Inc. issues statement on dissident action Just three days prior to the general meeting of shareholders of Roxgold and only one day before the deadline for submitting proxies, a dissident shareholder, announced that he intends to…
July 12, 2012 Platinum prices set to recover in the second half of 2012 on sliding supply Platinum prices are set for a recovery in the second half of this year due to declining mine production, although palladium prices will remain tepid due to thin investment demand,…
July 12, 2012 Liberals pursue compromise approach on oil sands The federal Liberals have shunned both of the antagonistic stances of the Harper government and the leading opposition party on Alberta’s oil sands, by announcing a “new approach” which will…
July 12, 2012 Health Canada’s wind turbine research triggers calls for halt to Ontario wind farms Health Canada’s plans for a research study exploring the impact of wind turbine noise upon human health has triggered calls for the suspension of approvals for large-scale wind farms in…
July 12, 2012 Alberta energy regulator approves Shell carbon capture project north of Edmonton Shell Canada’s application for the Quest project, a proposed $1.3 billion carbon capture and storage operation situated northeast of Edmonton, has obtained approval from Alberta’s Energy Resources Conservation Board (ERCB).
Genome BC, BRIMM biomining partnership aims to de-risk genomic tools development Partnership Supported by an investment of up to C$1 million over three years. February 17, 2026 | 02:54 pm