A group of twelve major Canadian oil sands producers, including some of the world's biggest energy companies, have reached an agreement to share unlimited information on environmental technologies, which sweeps away several intellectual property rights.

Safety professionals around the world have logged more than two million safety inspections using Field ID's industry-leading inspection management and safety compliance system. The milestone signals growing adoption of Field ID's cloud-based safety inspection and compliance system among health and safety managers in various industries.

Canadian company Finning International Inc. (TSX:FTT), Caterpillar’s equipment distributor in Chile, announced it will invest over US$350 millions in the South American country the year.

In a move seen as a clear attempt to build popularity, former U.S. president Bill Clinton called Americans to embrace TransCanada's Keystone XL pipeline, only three days after the Calgary based company announced it was going ahead with the construction of the southern leg through the States.

CEO Vitaly Nesis said Thursday the company is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, adding that activities in Finland were also of interest.

A United Steelworkers investigation says Vale's Stobie nickel mine fatalities could have been avoided and has called on the Ontario Government to bring criminal charges against the company.

Australian coal producer New Hope Corp will not put itself up for auction for more than $5 billion after a five-month sale process failed to come up with a deal, Reuters reported.

The dramatic fall came after comments from the US Federal Reserve that seemed to preclude any chance of another round of monetary easing or so-called QE3 and that its policy of zero interest rates may be coming to a end sooner than previously thought.

After five years of declines, primarily attributed to low production, poor prices, and a high Australian dollar, IBISWorld’s “Industries to fly and fall in 2012” report forecasts a “revenue rebound” for Australia’s diamond and gemstone mining industry that will involve five years of growth with industry revenues climbing to $947.3 million by 2016-17.