SGS announces Cochrane Lab is now in operation
SGS is pleased to announce that the new, fully equipped, commercial geochemistry laboratory in Cochrane, Ontario, Canada is now open and receiving samples.
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Expectation over Friday’s Jackson Hole Fed speech puts bullion on hold
An awaited speech by Federal Reserve’s chairman Ben Bernanke at a central bankers' symposium in Jackson Hole, Wyoming, tomorrow, has investors wondering whether the institution will embark on another asset buying programme, known as quantitative easing.
Xstrata kicks off production at Mount Margaret mine
London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.
Qatar Holding confirms it will vote against Glenstrata next week, shares dive
Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.
China colliery blast leaves 19 dead, 28 trapped underground
A colliery explosion in China's vast southwestern province of Sichuan has left 19 miners dead and 28 still trapped underground.
Is US energy independence just a pipe dream?
Energy security experts Kevin Massy and Govinda Avasarala write that the Republican Party's long-vaunted goal of domestic energy independence may be little more than a pipe dream in economic terms.
World’s richest woman proposes minimum wage reduction for envious and lazy
Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense wealth of being lazy.
Barrick Gold caught up in Canadian political controversy
Barrick Gold (NYSE:ABX) has found itself at the centre of a Canadian political controversy following its failure to properly report three separate lobbying discussions with Nigel Wright, Prime Minister Stephen Harper's chief of staff.
Australia pushes for expansion into African mining
Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.