June 5, 2012

First mining cluster in Chile to boost suppliers’ development and growth

Nine mining firms, both local and international, have joined forces to create a cluster that promotes the development of local businesses, which in turn should bolster the mining industry in…

June 5, 2012

Huge setback for Rinehart and Reddy empires

Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.

June 5, 2012

John Deere: a new era for machinery in Brazil

After more than 30 of success supplying agricultural machinery and solutions to the Brazilian market, John Deere starts its operation dedicated to construction and mining equipment on M&T Expo 2012.

June 5, 2012

Diamonds North and Uranium North acquire gold projects in Washington State

Diamonds North Resource Corp. (TSX-V: DDN) and Uranium North Resources Corp (TSX-V: UNR) (“the Companies”) announce the formation of a 50:50 strategic partnership, Minerals North LLC, a Nevada incorporated company.…

June 5, 2012

Caterpillar and Westport Innovations enter the natural gas vehicles business

Earth-moving equipment maker Caterpillar (NYSE:CAT) will work with Canadian Westport Innovations (TSX:WPT) to develop natural gas-powered engines for mining trucks, locomotives and other heavy equipment that typically uses diesel.

June 5, 2012

Canada re-emerges as the top destination for mining and metals deals: Ernst & Young

Canada topped the global mining and metals sector as the number one target destination by total deal value in the first three months of this year, says international firm Ernst…

June 5, 2012

Are Indian consumers really falling out of love with gold? – Survey

Gold demand in India, one of the world's leading buyers, is likely to fall by at least 4% in volume in 2012, as higher inflation trims disposable local income, according…

June 5, 2012

Potash stocks led by Mosaic and Potash Corp. hit annual lows on financial worries

Stocks of major fertilizer producers Mosaic and Potash Corp hit their lowest levels in almost two years on Monday, in what is considered yet another sign the commodity “supercycle” is…

June 5, 2012

Maybe dirty, certainly cheap: Canadian crude crashes through $60 a barrel

A $40 discount to the global oil price, competition from Bakken shale oil, rising labour costs, pipeline problems and overproduction put in jeopardy billions of dollars of oil sands projects.

June 4, 2012

Ontario company first in North America to receive ISO 50001 certification for energy management

St Marys Cement-Bowmanville is the first North American industrial organization to receive the International Organization for Standardization's (ISO) ISO 50001 certification.