June 8, 2012

Indonesia denies plans to tax coal exports

Energy and Mineral Resources Minister Jero Wacik has denied any plans to tax thermal coal exports after hinting at the move last May.

June 7, 2012

World’s dumbest politician

A country that represents less than 2% of the Euro block and a tiny fraction of the world economy continues to be the tail that wags the dog.

June 7, 2012

Diamond miner Harry Winston first quarter profit sparkles

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond…

June 7, 2012

Coeur d’Alene Mines to repurchase shares

Silver and gold producer Coeur d’Alene Mines Corp (NYSE:CDE) (TSX:CDM) said on Thursday it had authorized a share buyback program of up to $100 million of the company’s common equity.

June 7, 2012

Not enough R&D threatens future of oil sands

With the shift in research and development (R&D) policies – more grants and fewer tax breaks – announced in March by Finance Minister Jim Flaherty, the latest report from Deloitte…

June 7, 2012

S&P Capital IQ endorses Barrick Gold after major management shakeup

Following yesterday's announcement of leadership changes in Barrick Gold, S&P Capital IQ said the firm keeps its strong buy recommendation on the company’s shares.

June 7, 2012

Lake Shore Gold extends high-grade core at Gold River Trend

Canadian Lake Shore Gold Corp. (TSX:LSG) said Thursday it is extending the area of high-grade core at its Gold River Trend property, after analyzing results of seven new holes (1,440…

June 7, 2012

Shale gas most likely solution to Chilean mining industry’s energy supply deficit: report

Shale gas may be the solution to one of the most serious problems the mining industry is facing in Chile: extremely high energy prices due to limited supply.

June 7, 2012

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

June 6, 2012

Hydratight extends onsite machining range

Market-leading joint integrity specialist Hydratight has extended its on-site machining catalogue with the launch of several new multi-unit tool ranges.