The planned development of Rosia Montana, proposed location for Europe’s largest open cast gold mine, is splitting the community

Canada's oil and gas industry will need to fill a minimum of 9,500 jobs by 2015, according to a report released today by the Petroleum Human Resources Council of Canada.

Micro-cap Highland Resources added 28% to trade at 9c on Wednesday on higher than usual trading volumes, after announcing it has closed the final tranche of its non-brokered private placement, raising a total of $16.5 million.

Bosco Ntaganda, a fugitive UN war crimes suspect who recently defected from the army and is believed to be behind Democratic Republic of Congo’s most recent rebellion, is apparently bankrolling the operation with war money he made while controlling the country’s lucrative mines, publishes Global Witness.

There are "growing signs" that Outer Harbour  will take precedence over BHP's massive Olympic Dam project and the greenfield Jansen potash venture in Canada.

In all $265 million will be doled out to senior management at Xstrata to stop them from jumping ship after a merger with Glencore. The two companies are also paying $200 million to their advisers to push the deal through.

“Our second quarter reflects both excellence in our execution and concerns over slowing in our markets”

Canada’s third main gold miner Kinross Gold (TSX:K) will focus on its wholly-owned Paracatu mine, in Brazil's Minas Gerais state, after it sold its stake in the Crixas gold mine to South Africa’s AngloGold Ashanti for $220 million