April 12, 2012

Lundin paying up to $78 million for 80% stake in Spanish copper mine

Europe-focused Lundin Mining has cut a deal for an 80% stake in a copper mine in northern Spain.

April 12, 2012

Lake Shore Gold enters agreement for credit facility of up to $70 million with Sprott Resource Lending Partnership

Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with Sprott Resource Lending Partnership ("Sprott")…

April 12, 2012

Multotec poised to introduce flameproof underground overbelt magnet

Multotec is in the final stages of the development of a flameproof air-cooled overbelt magnet for underground tramp iron removal.

April 12, 2012

DF Ecology fights dust at Teck’s Carmen de Andacollo copper mine

DF Ecology, the Italian producer of environmentally focussed equipment, recently responded to an appeal by Chilean Carmen de Andacollo for an individually designed Dustfighter.

April 11, 2012

Iron ore price hits 6-month high

The price is up more than 27% from lows struck in October last year when the steelmaking ingredient experienced a mini crash.

April 11, 2012

Vale vs IMF: Who are you going to believe?

Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth…

April 11, 2012

Shell to conserve 1800 acres of forest in northern Alberta

Shell Canada today announced it purchased a 1,820 acre (740 ha) tract of land in northern Alberta to conserve boreal forest habitat near its oil sands operations.

April 11, 2012

Australia : Coal and amp;Allied takes on its largest intake of apprentices

Sixteen new apprentices have joined Coal & Allied's workforce in the company's largest intake to date. The electrical fitting and plant mechanic apprentices were selected from a group of applicants…

April 11, 2012

Gold can now protect us from both economic and environmental collapse

While gold's primary use these days is a hedge against Europe going belly up or paper currency becoming debased, researchers at MIT found that a little gold added to copper…

April 11, 2012

Look ma, no rare earths

Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.