First oil sands project in the US takes a step closer
US Oil Sands Inc's Utah project is on-target for completion and start-up in the final quarter of next year after the company raised $9 million on Thursday.
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Big gold producers spending faster than earnings rise
Capital spending by the largest gold producers is increasing at a faster pace than earnings for a second straight year as the industry’s biggest mining projects are beset by delays and surging labour costs.
Canada mints its last penny on Friday
The Canadian penny will get a ministerial send off when the Federal Finance Minister Jim Flaherty will be on hand to watch the last minting.
DRC fighting thwarts plans to export conflict-free minerals
Renewed fighting in the Democratic Republic of Congo will halt the export of so-called conflict-free minerals from the country's eastern provinces, according to Bloomberg:
Pretium raises $70 million through share offering
Pretium Resources, a gold junior developing the Brucejack and Snowfield properties in British Columbia, today raised $70 million through a share offering.
Copper is having a terrible 48 hours
Due to its widespread use in construction, communication and transport copper is a bellwether for the global metals industry. The red metal […]
Zimbabwe mining revenues up 10% to $458 million
Zimbabwe's mine output increased in the first quarter, leading to surging revenues for government coffers, NewsDay is reporting.
Mark Fielder promoted to operations vice president FLSmidth’s Non-Ferrous Division
Mark Fielder has been promoted to operations vice president of FLSmidth’s recently formed Non-Ferrous Division. The division pro- vides advanced minerals processing technologies, systems and solutions to the global mining industry.
Voith Turbo announces new director of mining and metals
Voith Turbo recently announced it has named Roland Hoet as director of Mining and Metals, a group within Voith Turbo’s Industry division.
