Good news for Cardero’s Peace River coal project
The resource of the Peace River coal project in BC jumped 180% while the percentage of met coal was upped to 60% from 35% before.
Latest Stories
Gold in for ‘feverish’ week as option stars align
The recent upward trend is comparable to price gains after QE1 and QE2 indicating the yellow metal is likely to cross $1,900 in October and $2,200 by the start of 2013.
Tire supply still a problem for big mining trucks
Demand is slowing, supply is increasing and the market is moving towards equilibrium.
Australia trade minister: No mining bust, but cutbacks and even new taxes needed
Both Australian trade minister Craig Emerson and treasurer Wayne Swan over the weekend entered the debate over whether the country is facing a period of decline as the country's resource-led economy loses steam.
GOOD READ: The copper king who caused the 1907 Wall Street panic
Whip smart and devious, Frederick Heinze took advantage of the so-called apex law, a provision that allowed owners of a surface outcrop to mine it wherever it led.
Uralkali settles US antitrust suit with pocket money, passes buck to Potash Corp et al
The class-action dates back to 2008 and accuses seven companies of engaging in a global conspiracy to raise the price of potash.
Eastern US coal will need a year before signs of recovery
It will be 12 to 18 months before there will even be any signs of a recovery in the eastern US coal sector says Monty Boyd, a major Caterpillar supplier for the region.
Peru villagers march against Barrick after police killing
1,000 residents of Jangas, a district located in Huaraz in the Ancash region of Peru, are demanding that Barrick leave the region after police killed a resident who held demonstrations against the company.
Market shows confidence Brazil probe into Belo Sun gold project is temporary hiccup
After a tough week Belo Sun is holding onto 36% gains since the start of the year indicating the confidence the market has that the investigation into its Brazilian gold project is just a temporary hiccup.
