June 28, 2012

Oil sands beckoning

Canada's London area companies are invited to cash in on the oil sands boom in Alberta by supplying billions of dollars in equipment.

June 28, 2012

Brazil grants Vale license to expand world’s largest iron ore venture

Brazilian mining company Vale has been granted a preliminary environmental license for its S11D mine, an extension of the company's giant Carajas complex, which is posed to be the world’s…

June 28, 2012

AVEVA software to be implemented on a research project at the Canadian University of Alberta

AVEVA (LSE:AVV), today announced it has reached an agreement with the University of Alberta, Hole School of Construction to supply multiple licenses of AVEVA PDMS and AVEVA NET, for the…

June 28, 2012

Guatemala seeks 40% stake of all mining companies

Like most of Latin America, Guatemala is to increase control over natural resources, with President Otto Perez Molina proposing a Constitutional reform that will make possible for the for the…

June 28, 2012

Growth in mining spurs locomotive manufacture change in Australia

Downer EDI has signed a new five year agreement with Electro-Motive Diesel (EMD). Downer and EMD, which is owned by Progress Rail, a Caterpillar company, have worked together for more…

June 27, 2012

Glencore ‘ready to pull’ Xstrata merger

While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.

June 27, 2012

2012 survey of Canadian mine wages

Fifty-six mines across Canada provided data on wages paid in 2011.  Thirty-four are union mines; and twenty-two non-union.  Forty-five reported increased wages while eleven made no changes.  None decreased wages. 

June 27, 2012

Asbestos found at Rio Tinto’s iron ore mine in Australia

The West Australian Department of Mines and Petroleum is investigating evidence of asbestos contamination at Rio Tinto's West Angelas iron ore mine, in the Pilbara region.

June 27, 2012

Kyrgyzstan to reassess deal with Centerra Gold

Kyrgyzstan's parliament has approved a review to the operating license for Centerra Gold, which is developing a major gold mine that accounts for 12% of the Central Asian nation's economy,…

June 27, 2012

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.