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Newmont Mining Corporation gives $250,000 to Mackay School

Newmont Mining Corporation continued its support of the College of Science’s Mackay School of Earth Sciences & Engineering with a gift of $250,000 that John Mudge, Newmont’s Vice President of Environmental & Social Responsibility, presented to University of Nevada, Reno administrators on Feb. 25. The donation will support students, faculty, research and educational outreach within the Mackay School.

Canadian mining sector poised to hire

The Globe and Mail reports that Canada’s mining sector is set for a hiring spree in the coming quarter, making it the most upbeat sector in the country as other employers remain cautious. Across all industries, one in five employers expect to boost their payrolls in the April-to-June period, according to a Manpower Inc. survey released Tuesday. According to The Globe, almost three-quarters, or 73 per cent, expect no change in staffing levels while 5 per cent are planning cutbacks – responses that are little changed from the prior quarter. It’s a different story for mining, where second-quarter hiring intentions are by far the strongest, and where the outlook also jumped the most in the quarter.

Equinox commences offer to acquire Lundin

Equinox Minerals Limited (TSX and ASX: EQN) ("Equinox" or the "Company") advises that it has commenced its previously announced offer (the “Offer”) to acquire Lundin Mining Corporation ("Lundin"). The Offer will remain open until 6:00pm on April 14, 2011 unless withdrawn or extended.

Scale of disaster may warrant overhaul for resources sector of force majeure clauses

The cyclone fuelled batterings this year of key Australian energy and mining operations should trigger a complete rethink on force majeure provisions, according to a senior resources lawyer. The caution comes as many of the country’s largest and mid-tier oil, gas and minerals producers, and owners of related export infrastructure, count the emerging full cost, liability and contractual exposure from operations shut down temporarily or permanently amid the massive floods, rain and storm damage that have swept Australia since New Year’s Day.
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