Mining’s new age of austerity will hurt consumers
Shareholders will celebrate as lower supply boosts prices and profits, but consumers of metal and minerals will be hard hit.
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B.C. unions go to court over Chinese miners
Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining Ltd.’s planned Murray River underground coal mine near Tumbler Ridge.
Two years in jail for diamond swallower
Sri Lanka's diamond-swallowing story from early September continues to be an unsolved mystery, but the Chinese man who swallowed a fake diamond in a daring bluff that allowed an accomplice to get away with a real stone pleaded guilty Monday.
Vale applies to build homes at its Canadian mining sites
The company is requesting the Canadian city of Sudbury to allow the housing of hundreds of temporary construction workers at its mine, mill and smelter sites in the community.
Confirmed: Rescuers find missing Russian gold ship
The ship operated by Russian mining company Polymetal with 700 tonnes of gold ore on board went missing last week.
Rio Tinto to Oyu Tolgoi mine: Let there be light
After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power supply from next-door China.
Junior miners see light at the end of global downturn tunnel
While the harmful effects of the slumping global economy over junior miners are nothing new, companies that have seen their value down on the TSX Venture Exchange this year and so experienced more difficulties raising cash, may soon see a few glimmers of hope.
Environment Canada’s document indicates pollutants near oil sands
A document obtained from Environment Canada confirmed Monday what scientists from the University of Alberta published in 2010: that there is mounting evidence of contaminants in the snow and even in precipitation close to oil sands facilities.
Lofty bonus for doctor at an Australian mine
Australian gold company Northern Star Resources (ASX:NST) is offering a $200,000 bonus to any oncologist willing to spend two years close to the mine area providing radiation therapy to children with cancer.
