U.S. coal miner Consol Energy has agreed to a hefty $5.5 million fine and $200 million in pollution control to reduce mining […]

The six-week strike at Teck's Elkview coal mine is coming to an end, Canadian Press reported Tuesday morning. The Vancouver company and Local 9346 of the United Steelworkers of America have reached a tentative five-year collective agreement covering about 700 workers at the mine, located in southeastern British Columbia. The union ratification vote is to be completed by Saturday. If the new labour deal is ratified, Teck expects full production at the mine to resume by next Tuesday.

Adults will soon be able to complete an apprenticeship in 18 months under a plan to provide an extra 1000 workers for the mining sector.

The Gillard Government is expected to announce today the $2 million in co-funding for the adult apprenticeship project that came out of an inquiry from Federal Labor MP Gary Gray into the jobs demand in the resources sector over the next 20 years.

Traditional apprenticeships take four years and the low pay is unattractive to older workers. Under the scheme, recruits can stay employed or join the workforce of a participating mining company.

A Financial Literacy workshop has been held for workers of the Ghana Manganese Company (GMC), a mining company operating in Tarkwa, at the weekend.

The workshop, which was organised by the Financial Literacy Foundation (FLF), a financial consult, was to educate staff of GMC on the importance and risks associated with unwarranted borrowing.

The Chief Executive (CEO) of FLF, Mr. Bernard Otabil, educated the workers on the importance of salary management, and said that it was important to invest, rather than engage in unwarranted borrowing.

Northern Tiger Resources Inc. (TSX-V:NTR) has closed a brokered private placement of 8.622 million flow-through common share at a price of $0.55 per share for proceeds of $4.742 million. The private placement was initially announced on February 14, 2011 and contemplated raising gross proceeds up to $3 million.

South Africa’s gold production fell 6.4 percent in 2010, an industry body said on Monday, moving the country further away from its […]

Miners are worried that the new mining law, which is expected to be passed by Finland’s parliament on Tuesday, could increase bureaucracy […]

While the jury remains out on exactly what went wrong at certain tsunami-and earthquake-impacted nuclear power reactors in Japan, investors took decisive action on Monday, selling down listed uranium stocks by up to a third. Smaller stocks were especially punished. During Australian trade, Pitchstone Exploration was sold down by 32% on the day. The world's biggest listed uranium producer, Canada's Cameco, fell 12.7% to close at $31.70.

Eurasian Minerals Inc. (TSX-V: EMX) announced the completion of the second tranche of its CAD $17.875 million private placement by the sale of 921,000 units for proceeds of CAD $2,993,250. Each unit, priced at CAD $3.25, consisted of one common share and one-half of one common share purchase warrant. Each full warrant entitles the warrant holder to purchase one additional common share of EMX until March 14, 2013 at a purchase price of CAD $4.00.