Lagging productivity imperils Australian coal miners’ prospects
The lagging productivity of the Australian coal industry could render as much as a third of the sector's output unprofitable.
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Double diamond anvil generates pressures greater than at the center of the Earth
Scientists have generated pressure levels one and half times greater than those found at the Earth's inner core using a specialized new double-diamond anvil.
Cheaper commodities won’t kill off Australia’s mining boom
Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.
New Scholarship for Mining Finance Students in Canada
The Mining Association of Canada announced on CNW the launch of a new scholarship available for students in the fields of mining […]
It’s just looney: Oil sands crude crashes through $60 a barrel
The international benchmark sits at $107 a barrel, while US oil fetches $85.
Fed does nothing to help gold’s terrible Q4
Traders are now worrying that without a clear catalyst to push prices higher, gold will continue to drift lower.
Alberta oil sands to benefit Canada’s total economy: report
Alberta's oil sands will positively affect all Canadian provinces and will lead to billions of dollars of jobs and investment across the country, says a Conference Board of Canada report released Wednesday.
AngloGold Ashanti fires 12,000 South African striking miners
AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.
Miners focussed on making current assets more efficient: GE Mining exec
With softening iron ore and coal prices in Australia, miners are focussing more on making existing mines more productive rather than breaking ground on greenfield operations, told MINING.com Geoff Knox who is Chief Executive Officer for GE Mining and GE Transportation in Australia.
