Drug tests coming to the oil sands this fall
Despite misgivings by unions, random drug and alcohol testing for oil sands workers will get underway later this year. The Drug and Alcohol […]
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Arch Coal lays off 750 workers due to ‘unprecedented downturn’
Arch Coal (NYSE:ACI), the second largest supplier of coal in the USA, is laying off 750 full-time workers at its Appalachia mining operations after owners said that demand had reached a 20-year low.
Aquarius Platinum puts Everest Mine on care and maintenance
Due to an platinum market that is an “abiding surplus”, the board at Aquarius Platinum (LON:AQP) placed its Everest mine on care […]
U.S. and Canadian mine CEO compensation 2011 to 2012
How much compensation does the executive of a Canadian mining company deserve? We cannot answer that question. We can only tell what they do earn.
Highbank Resources Ltd. sponsors Northern Aboriginal Machinery School
Highbank Resources Ltd., in partnership with High Velocity Equipment Training and Northern Lights College, will provide on-site training and work experience placement […]
Billions wiped off metal stocks after China, EU and US deliver economic shocks
The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a bleak picture for the mining industry.
The secular commodity supercycle explained in just one chart
Commodity bulls point to the massive build out in the developing countries to buttress their argument that the long-term outlook for metals is bullish—and the party has only just begun
Traders with Bernanke blues sell off metals, gold drops $50
The slide in the spot price of gold triggered by disappointment over the Fed's actions – or lack thereof – yesterday accelerated in Thursday trade with the precious metal giving up $50 or just over 3%.
Iron ore hits 5-week high as China continues to forge steel near record pace
The performance of iron ore is in stark contrast to other commodities including copper which has shed 4% over the last two days and crude oil which touched a 52-week low of under $78 a barrel today.