February 21, 2012

Metso receives an arbitration award of EUR 10 million

Metso has received an arbitration award in its favor amounting to EUR 10 million plus around EUR 2 million in interest. The arbitration process was related to a large project…

February 21, 2012

AVEVA expands in Korea

AVEVA (LSE:AVV), has announced it has opened a new office in Seoul, Korea, that incorporates a dedicated product training centre, following an increased demand for AVEVA solutions. The office will…

February 21, 2012

Concerned Canadian unions say BC government is leaving coal in China’s hands

In unveiling Canada’s British Columbia’s job-creation strategy last September, the Premier Christy Clark said the government planed to capitalize on high demand for minerals, especially in Asia, by opening up…

February 21, 2012

NovaGold to spin-out Ambler Project into NovaCopper

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) provided an update on the previously announced spin-out transaction of NovaCopper, a wholly-owned subsidiary, which holds NovaGold’s interest in the Ambler project located in Alaska,…

February 21, 2012

Gold exploration in Nunavut gets a boost

Toronto and New York-listed gold producer Agnico-Eagle Mines Limited (AEM) has received permission from the Nunavut Impact Review Board (NIRB) to move ahead with an all-weather access road to its…

February 21, 2012

Gold rises after Greek deal gives Euro brief boost

The gold price climbed for a second day Tuesday to $1,736.84/oz, helped by a brief rally in the euro after Greece secured its second round of bailout funding.

February 21, 2012

China Steel to invest in Australian coal project

Taiwanese steelmaker, China Steel, will pay $104 million to invest in a coal mine in Australia and take rights to 10% of the future output, in a move to counter…

February 21, 2012

Bankable Feasibility Study of Borborema Project un – CRUSADER RESOURCES LIMITED

Crusader Resources Ltd. commenced a Feasibility study for BORBOREMA, located in Brazil.

February 21, 2012

News release – English – CALICO RESOURCES CORP.

Calico Resources Corp. applied for a mining permit for GRASSY MOUNTAIN, located in USA.

February 21, 2012

China further entrenched in Africa with Minmetals’ Anvil acquisition

In what is being regarded as the first major African mining play by a Chinese company, China Minmetals succeeded Friday in closing its $1.3 billion bid for copper miner Anvil…