Major Drilling reports record annual and quarterly revenue
"Looking forward, the demand for drilling services from the senior mining houses continues to be strong."
Latest Stories
Mining investment worth $50 billion in the balance as Peruvian lawmakers quit
Three lawmakers from President Ollanta Humala’s ruling Gana Peru party resigned on Monday over the government’s handling of protests against -Xstrata last week, warning that social and environmental protests are threatening billions of dollars of mining projects.
FT: EU’s efforts to cut red tape held up by anti-graft rules for mining companies
At the moment the draft legislation requires mining companies to disclose on a project-by-project basis what they pay local officials in foreign countries.
India’s state-owned ONGC considers $5 billion oil sands investment
Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.
Dumas Mining will be rocking and rolling at “Canada Sings” Tuesday night
Canadian supplier Dumas Mining has been working hard in the past few weeks, putting a lot of time and effort in a cause that has nothing to do with mining, except when it comes to passion and commitment.
First mining cluster in Chile to boost suppliers’ development and growth
Nine mining firms, both local and international, have joined forces to create a cluster that promotes the development of local businesses, which in turn should bolster the mining industry in the northern Chilean region of Antofagasta.
Huge setback for Rinehart and Reddy empires
Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.
Caterpillar and Westport Innovations enter the natural gas vehicles business
Earth-moving equipment maker Caterpillar (NYSE:CAT) will work with Canadian Westport Innovations (TSX:WPT) to develop natural gas-powered engines for mining trucks, locomotives and other heavy equipment that typically uses diesel.
Canada re-emerges as the top destination for mining and metals deals: Ernst & Young
Canada topped the global mining and metals sector as the number one target destination by total deal value in the first three months of this year, says international firm Ernst & Young.
