Rio says iron ore to stay strong even as other mining segments ‘come off the boil’
"It's not just resources versus the rest of the economy, it's iron ore versus the rest of resources versus the rest of the economy."
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Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory
The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to push through the $90 billion merger with Xstrata.
Ritchie Bros pays $64 million for AssetNation
Mining and construction equipment auction house Ritchie Bros. has acquired AssetNation Inc., an online provider of surplus and salvage assets, for US$64 million.
Gold going to $1,840 on more stimulus: Goldman Sachs
Despair not, gold investors. Goldman Sachs hasn't given up on bullion. Despite a significant selloff in the yellow metal in recent days, bottoming out at four-month lows, Goldman Sachs is still forecasting a rally in gold this year.
Good news from West Timmins gives Lake Shore Gold 8% bump
Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.
Pipeline pictured: The Keystone XL infographic
Confused about the political machinations surrounding the Keystone XL pipeline, or baffled by talk of crude oil discount rates, Oklahoma bottlenecks and Texas Gulf refining capacities?
Colt Resources on a roll in Portugal
Colt Resources (TSX-V:GTP) added 5.9% on Thursday on higher than usual trading volumes, after announcing positive drill results from its Boa Fé gold project in southern Portugal.
Avion Gold languishing near 52-week low despite almost doubling resources in Mali
Shares of Avion Gold failed to recover on Thursday after taking a 28% pummeling the day before, despite announcing vastly improved mineral resources at its Tabakoto Project in Mali, West Africa.
New Canada Wide Training Program for First Nations: Northern Aboriginal Machinery School (N.A.M.S.)
The Mining Industry shall have more First Nations tradesmen joining the workforce in the near future. The Northern Aboriginal Machinery School (N.A.M.S.) […]
