Harry Winston sues American retailer whose name has a familiar ring
Toronto-based jeweller and watchmaker Harry Winston, is suing M.K. Winston Jewelers for alleged copyright infringement.
Cecilia Jamasmie , Editor-in-Chief
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Silver holdings near record high, hedge funds less bullish
Investors’ silver holdings are at near-record levels, despite hedge funds being the least bullish on silver in almost four years, according to data compiled by Bloomberg.
Barrick’s ‘world-class asset’ begins production
The long-awaited debut of Barrick’s Pueblo Viejo, one of the largest gold deposits in the world, has finally arrived with the mine producing its first commercial gold.
Coal train strike in Colombia affects main producer Drummond output
The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.
Archeologists uncovered treasures at Rio Tinto coal mine
Some of the oldest aboriginal artifacts have been discovered at Rio Tinto's Warkworth coal mine in Australia’s Hunter Valley.
Chicago rejects coal-to-gas plant
Illinois Governor, Pat Quinn, exercised his veto power late on Friday to reject a bill that would have forced natural gas utilities to acquire synthetic gas at prices double the current market rate for the next 30 years.
Sinking coal prices force major job cuts in Australia
Xstrata Coal confirmed Monday it has cut a number of jobs from its coal mining operations in Australia, due to sinking prices for both coking and certain kinds of thermal coal.
South Africa’s third wealthiest man owes the taxman $250 million
South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.
From asbestos to ‘Plan Nord’: Canada’s Quebec sparks controversy over mining plans
Weeks after Quebec’s ruling Liberal party re-launched the province's asbestos industry with a $58-million loan to the Jeffrey mine, opposition leaders are calling the federal government to end what they call a "morally and scientifically indefensible" product.
Open-cut gold mine triggers worries for Australia’s Wombat forest
Environmentalists and the local community of central Victoria, Australia, are angry at the Department of Primary Industries for allowing Queensland-based company Fortitude Mining to go ahead with its gold exploration plans in the Wombat State Forest.
SuperCritical lands US Gov’t licence for seawater uranium
Exclusive DOE technology gives startup a path toward commercial uranium recovery as US nuclear fuel demand builds.