MINING.COM Staff Writer

Posts by MINING.COM Staff Writer:

President and CEO Claude Mongeau says CN’s Alberta short-line rail acquisitions, upgrades total C$400 million: Rail investments key to economic growth in oil sands and other natural resource regions of northern Alberta

Claude Mongeau, president and chief executive officer of Canadian National Railway Company, said today the company will have invested almost $400-million to buy and rehabilitate four short-line railways serving resource-rich regions of Northern Alberta by year-end 2011.
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Gold price steadies as inflation revives higher-rate bets

Gold prices consolidate near $4,700/oz as US consumption slows, aligning with market expectations.