Workers down tools at Kansanshi copper mine
Zambia Daily Mail reports that workers at the Kansanshi copper mine have gone on strike.
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Oyu Tolgoi sucks up cash and Ivanhoe must sell off assets. Investors chase stock up 5% betting on rich buyers
After steady gains throughout the day Ivanhoe Mines – building one of the richest copper and gold mines in the world – ended Thursday up 5.47% after CEO and founder Robert Friedland said he's found buyers for the company's other assets.
Baja Mining advises shareholders: Don’t trust the Mount Kellett wolf in sheep’s clothing; only shareholders can protect the company from Mount Kellett’s creeping takeover
Baja responds to misleading statements by dissident shareholder Mount Kellett Master Fund II A L.P., and highlights Mount Kellett's failure to address seven critical facts in its dissident circular. Baja cautions shareholders not to trust the Mount Kellett wolf in sheep's clothing.
Potashcorp says 2012 should see record potash demand. India slashes subsidies 20%
Potashcorp, the world's number one producer of the soil nutrient, also expects balanced or tight supply for the next four years.
Shore Gold shares drop as diamond mine deal falls through
Canadian Shore Gold (TSX:SGF) shares fell dramatically Thursday after the Saskatoon-based company announced it had failed to secure a deal to fund their Star-Orion South diamond project near Prince Albert.
Verde Potash’s $25 million deal provides no succour to investors still nursing 27% knock after poor economic study
Verde Potash shares fell 2.8% to $6.51 by lunchtime on Thursday after the company announced bought deal financing of $25 million. In the run up to the release of a preliminary economic assessment report for its Amazon project a month ago, Verde Potash's shares were driven all the way up to $8.95, only to come crashing down after the study disappointed investors all round.
Canadian oil sands titans form information-sharing alliance
A group of twelve major Canadian oil sands producers, including some of the world's biggest energy companies, have reached an agreement to share unlimited information on environmental technologies, which sweeps away several intellectual property rights.
Two million safety inspections and counting
Safety professionals around the world have logged more than two million safety inspections using Field ID's industry-leading inspection management and safety compliance system. The milestone signals growing adoption of Field ID's cloud-based safety inspection and compliance system among health and safety managers in various industries.
Finning to invest US$350 million in Chile this year
Canadian company Finning International Inc. (TSX:FTT), Caterpillar’s equipment distributor in Chile, announced it will invest over US$350 millions in the South American country the year.
