April 29, 2012

Surfeit of sulphur at Alberta oilsands

Business Insider's Robert Johnson took some photos of the mountains of sulphur piling up in northern Alberta- part of the website's series on the Alberta oilsands.

April 29, 2012

ArcelorMittal identifies potential to increase production of iron-ore concentrate at ArcelorMittal Mines Canada to 30 million tonnes per annum

ArcelorMittal today announces that a scoping study has identified the potential to utilize ArcelorMittal Mines Canada’s existing infrastructure system and to increase annual production of iron-ore concentrate to 30 million…

April 27, 2012

Social responsibility in mining is basic risk management, not feel-good projects

Corporate Social Responsibility initiatives by mining companies operating in emerging markets in South America, Africa and Asia have become a crucial part of doing business as “above-ground risks are quickly…

April 27, 2012

Canadian crude discount cut in half in six weeks

The price oil sands producers receive for their crude improved to $30.75 a barrel below the international benchmark on Friday, a 42% gain from multi-year lows hit six weeks ago…

April 27, 2012

Trelawney vaults 41% as IAMGOLD gets more Canada-focused

IAMGOLD will pay about C$585 million in cash to acquire Canadian junior Trelawney Mining, the mid-tier gold producer announced on Friday.

April 27, 2012

Mining, oil and gas led Canada’s growth in 2011

Statistics Canada revealed today that the provinces of Alberta and Saskatchewan led the country in economic growth in 2011, buoyed by the extraction and exploration of their natural resources.

April 27, 2012

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.

April 27, 2012

Mountain Province Diamonds shareholders approve Kennady Diamonds spin-out

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV) (NYSE-AMEX: MDM) is pleased to announce that its shareholders have voted 99.5% in favour of the proposed spin-out of Kennady…

April 26, 2012

Xstrata Coal seeks operating partner for Donkin Coal interest

Xstrata Coal Donkin Management Limited ("Xstrata Coal") and Erdene Resource Development Corp. ("Erdene") (TSX:ERD.TO -News) today announced that Xstrata Coal is seeking an operating coal company to assume its interest…

April 26, 2012

Investors take a $1 billion chunk out of Potashcorp after earnings drop 26%

Potash Corporation of Saskatchewan dropped 3.4% when markets opened on Thursday, after revising its earnings guidance for the year and announcing a 26% drop in earnings.