UK Coal up 13% after swinging into profit
UK Coal (LON:UKC) turned a £124.6 million loss in 2010 into a pre-tax profit of £58 million last year as production and revenue jumped.
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US studies new law to speed up one of world’s longest permitting processes
"What is new is the growing awareness of its implications for our nation, particularly in a highly competitive world economy in which the demand for minerals continues to grow, especially in fast growing economies led by China and India."
Nautilus Minerals lists on OTCQX International
Canada-based Nautilus Minerals Inc. announced today that its common shares are now trading on the OTCQX International for greater access to the U.S. capital markets.
Xstrata pulls out of Donkin Mine project in Eastern Canada
Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.
Give me those 6,000 skilled workers – Rio Tinto
Mining giant Rio Tinto launched today an aggressive recruitment campaign to fill 6,000 vacancies across its 30 operations in Australia.
Randgold aids north Mali
Humanitarian funds raised by Randgold Resources chief executive Mark Bristow's trans-African motorcycle safari in 2010 have been used to make a food donation to people in the north of Mali, which has been afflicted by an uprising by Touareg rebels.
Infographic: Investing in gold
Blueglass, an internet marketing agency, produced the following infographic tracing the history of gold investing. Readers are asked to draw their own conclusions as to whether gold is a suitable investment tool.
Mount Kellett demands Baja CEO quit
Mount Kellett Capital Management, a 20% shareholder in Baja Mining (TSX:BAJ), has escalated the war of words between the two companies by demanding the resignation of Baja CEO John Greenslade following a damning announcement of cost overruns at Baja's Boleo project.
French uranium supply threatened by strike in Niger
Niger's uranium workers have downed tools over a dispute with Areva, the French nuclear power giant that owns the Imouraren mine.
