Hitachi Construction to buy Australia’s Bradken for $528 million
In the absence of a superior bid Bradken’s board has unanimously recommended shareholders to support the deal.
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Goldcorp begins controlled shutdown of Mexico mine, its largest operation
Following a seven-day illegal blockade at its Peñasquito mine by a trucking contractor.
China to reach target in cutting coal overcapacity by year-end
The world’s biggest coal producer expects to reach targets for cutting unneeded capacity by the end of 2016, which is earlier than planned.
Strike hits Freeport’s Grasberg mine in Indonesia
More than 1,000 workers have gone on strike at Grasberg in a dispute with management over better conditions, including bonus payments.
Canada’s federal government to impose carbon price on provinces
Feds plan to establish a “floor price” on carbon pollution of $10 a tonne in 2018, rising to $50 a tonne by 2022.
Energy investment boom expected in northern Chile
The projects, many of them in the renewables sector, are expected to also boost machinery acquisitions and generate close to 3,000 new jobs.
Mining headhunter says the clouds are parting
A look at the mood among executives at small- and mid-cap Canadian exploration and mining companies with Andrew Pollard, president of The Mining Recruitment Group.
Despite funding shortfall, US Oil Sands aiming for Q4 start-up
Calgary-based US Oil Sands is seeking over $6 million by year-end to finish $62.5-million project.
Will falling Chinese imports put the brakes on rising silver price?
We would tend to disagree, taking silver’s more valuable sibling as a guide.