Sandvik relocates global equipment unit to India and China
The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.
Cecilia Jamasmie , Editor-in-Chief
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Canadian miners find ‘pot of gold’ in Ireland
It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.
Vale to sell 15% of its $3bn Mozambique coal project to Mitsui
The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.
Putin seeks to boost Russian diamond trade through India
The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.
Glencore’s massive Canadian Donkin coal mine sold to U.S. firm
News feeds long-standing hopes of a mine reopening and job generation in the impoverished area.
Rio Tinto-Glencore a ‘poor match’: Sam Walsh
Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.
Rio, BHP very close to develop U.S. largest copper mine
Arizona’s lawmakers have slipped a piece of legislation that would allow the mining giants to go ahead with their massive Resolution Copper project.
Canadian premiers say Energy East pipeline a ‘nation-building’ exercise
Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.
Randgold Resources CEO: Treat all stakeholders as equals
Mark Bristow called gold mining companies to keep a balance when satisfying shareholders and stakeholders.
Barrick teams with Saudi Arabian miner to run copper mine
Miner may try replicate partnership with other of its stalled projects, such as Pascua Lama in South America.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
