November 18, 2011

Keystone XL decision a reminder the customer is always right

— governments and industry north of the border have learned from the opposition to the pipeline and the oilsands expansion that would be required to fill it. A remarkable couple…

November 18, 2011

Coal mine cave-in traps 12 miners in north China

Twelve miners were trapped in a coal mine that caved in in north China's Inner Mongolia Autonomous Region, local authorities said Friday.

November 18, 2011

The keys to the Keystone project

helping to match supply and demand in the car industry, for instance. Stimulating the development of Alberta’s oilsands also results in less net wealth being transferred out of the United…

November 18, 2011

Mechel resumes mining at New-Olzherassk underground top coal caving mine

Mechel OAO, one of the leading Russian mining and metals companies, announced that coal mining at New-Olzherassk Underground mine has been resumed following spontaneous combustion problems. By the year's end,…

November 17, 2011

Cardero Announces Letter of Intent to Acquire the Trefi Metallurgical Coal Property Located in the Peace River Coalfield of Northeast British Columbia

Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(NYSE Amex:CDY)(FRANKFURT:CR5) announces that it has entered into a Letter of Intent ("LOI") with Anglo Pacific Group PLC ("Anglo Pacific") to acquire 100%…

November 17, 2011

IEA bets the planet on clean coal

The International Energy agency says in its World Energy Outlook 2011 released last week, widespread deployment of more efficient coal-fired power plants and carbon capture and storage (CCS) technology could…

November 17, 2011

PHI Group to Acquire Indonesian Coal Assets

PHI Group, Inc. (PINKSHEETS: PHIE) (OTCQB: PHIE), a company engaged in energy and natural resources, real estate development, and M&A advisory services, announced today that it has signed a letter…

November 17, 2011

Hathor’s board recommends Rio Tinto’s offer of Can$654 million

Hathor Exploration's (TSE:HAT) board recommends that shareholders accept Rio Tinto's (LON:RIO) all-cash offer of Can$654 million. Rio Tinto increased its all-cash offer to acquire all of the outstanding common shares…

November 17, 2011

Gold slides as Europe ‘numbs’ traders to bullion fundamentals

Gold futures for December delivery dropped 3.2%  or $57 to $1,717.30 an ounce on the Comex division of the New York Mercantile Exchange by early afternoon on Thursday. Gold's weakness…

November 17, 2011

Lifting ban on uranium exports to India will benefit Aussie miners: legal firm

Australian legal firm Minter Ellison predicts that lifting the ban on Australian uranium exports could present significant opportunities for mining companies in Australia, as Indian and other foreign state-owned enterprises…