Cheaper commodities won’t kill off Australia’s mining boom
Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.
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New Scholarship for Mining Finance Students in Canada
The Mining Association of Canada announced on CNW the launch of a new scholarship available for students in the fields of mining […]
It’s just looney: Oil sands crude crashes through $60 a barrel
The international benchmark sits at $107 a barrel, while US oil fetches $85.
Fed does nothing to help gold’s terrible Q4
Traders are now worrying that without a clear catalyst to push prices higher, gold will continue to drift lower.
Alberta oil sands to benefit Canada’s total economy: report
Alberta's oil sands will positively affect all Canadian provinces and will lead to billions of dollars of jobs and investment across the country, says a Conference Board of Canada report released Wednesday.
AngloGold Ashanti fires 12,000 South African striking miners
AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.
Miners focussed on making current assets more efficient: GE Mining exec
With softening iron ore and coal prices in Australia, miners are focussing more on making existing mines more productive rather than breaking ground on greenfield operations, told MINING.com Geoff Knox who is Chief Executive Officer for GE Mining and GE Transportation in Australia.
Natural gas giant Encana posts $1.24-billion quarterly loss
Natural gas titan Encana Corporation (TSX: ECA) (NYSE: ECA) posted Wednesday a $1.24-billion net loss in its third quarter, driven mainly by lower natural gas prices over the past year, but it said it was still on track to meet its financial guidance for the full year.
SCEE Awarded $100 million Rio Tinto Contract
It will supply and install the Electrical and Instrumentation package at Rio Tinto’s Cape Lambert Port Expansion.
