Patriot Coal goes bankrupt
Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.
Latest Stories
New giant truck lift by Stertil-Koni
Stertil-Koni introduced a massive truck lift thousands of feet below the surface of the earth where it is used to help service special, heavy duty vehicles involved in a major mining operation.
Teck weighs future of its $5.6 billion expansion project in Chile
Canadian miner Teck Resources has temporarily withdrawn the Social and Environmental Impact Assessment application for its $5.6 billion Quebrada Blanca II expansion project in northern Chile.
Anglo American optimistic on its $3 billion Peru copper project
Despite the recent deadly and divisive disputes over mining projects in Peru, London- based mining giant Anglo American says it hopes to begin construction of its $3 billion Quellaveco copper project in the country as soon as possible.
Canadian business owners stay rosy
Despite global economic uncertainty, senior managers remain positive and expect sales growth to increase over the next 12 months.
Augustine Ventures identifies additional gold resource potential at the Wawa Gold project
A previous report inferred the mineral resource estimate of the Ontario-based project to be 32,169,000 tonnes at a grade of 1.14 g Au/t, and 1.18 million ounces of contained gold.
Miners’ number one risk: governments taking over mines
While miners still struggle to find staff and gain access to infrastructure, the number one worry keeping up miners is seeing their project or mine nationalized, according to an Ernst & Young study.
CSMI: Short Courses in Safety, Health, Environment and Quality Management
The Centre of Sustainability in Mining and Industry (CSMI) will offer four short courses in the field of safety, health, environment and […]
Howe Street’s irrepressible Callaghan may have the last laugh
If a recent 43-101 report proves accurate, the next round of drinks may be on controversial Vancouver gold mining promoter Frank Callaghan.