Rio Tinto CFO steps down, major shakeup follows
Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.
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Chile’s largest open pit copper mine goes underground
Chile’s largest open pit copper mine, Chuquicamata, has officially started its conversion towards underground mining. The project will cost Codelco over $2 billion in the preliminary phase but will substantially increase production and extend the mine's lifespan.
Platinum prices set to recover in the second half of 2012 on sliding supply
Platinum prices are set for a recovery in the second half of this year due to declining mine production, although palladium prices will remain tepid due to thin investment demand, according to the latest forecasts from Thomson Reuters GFMS.
Liberals pursue compromise approach on oil sands
The federal Liberals have shunned both of the antagonistic stances of the Harper government and the leading opposition party on Alberta’s oil sands, by announcing a “new approach” which will seek to pursue oil sands development while minimizing any adverse environmental impact.
Health Canada’s wind turbine research triggers calls for halt to Ontario wind farms
Health Canada’s plans for a research study exploring the impact of wind turbine noise upon human health has triggered calls for the suspension of approvals for large-scale wind farms in Ontario from public health groups.
Alberta energy regulator approves Shell carbon capture project north of Edmonton
Shell Canada’s application for the Quest project, a proposed $1.3 billion carbon capture and storage operation situated northeast of Edmonton, has obtained approval from Alberta’s Energy Resources Conservation Board (ERCB).
Mongolia kingmaker: ‘Fix’ Oyu Tolgoi ‘shadow masters’ and ‘scare to death’ Tavan Tolgoi oligarchs
The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.
Markets clip Goldcorp 9.74% after lowering guidance; markets and commodities mixed
Yesterday’s announcement that Goldcorp (NYSE:GG) will be producing 8% less gold this year hit the company’s stock, and shares fell 9.74% to […]
Partnership of Rio Tinto with the University of Queensland
Rio Tinto extends its educational program to develop skilled workers through a partnership with the University of Queensland, as reported on Mining […]