Minerals Council of Australia accuses unions of racism
The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.
Cecilia Jamasmie , Editor-in-Chief
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Copper at a six month low after fears resurface about Chinese economy
Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.
Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted
The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.
Canadian government of Nunavut allows uranium mining
Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.
Indonesia denies plans to tax coal exports
Energy and Mineral Resources Minister Jero Wacik has denied any plans to tax thermal coal exports after hinting at the move last May.
Diamond miner Harry Winston first quarter profit sparkles
Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond and luxury goods segments had more lustre than a year earlier.
Coeur d’Alene Mines to repurchase shares
Silver and gold producer Coeur d’Alene Mines Corp (NYSE:CDE) (TSX:CDM) said on Thursday it had authorized a share buyback program of up to $100 million of the company’s common equity.
Not enough R&D threatens future of oil sands
With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte & Touche LLP says Canada is putting the future of its oil sands industry at risk.
S&P Capital IQ endorses Barrick Gold after major management shakeup
Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.
Shale gas most likely solution to Chilean mining industry’s energy supply deficit: report
Shale gas may be the solution to one of the most serious problems the mining industry is facing in Chile: extremely high energy prices due to limited supply.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.