January 18, 2012

More job cuts at Sandvik

Sandvik AB is announcing more job cuts due to restructuring.

January 18, 2012

No Keystone XL means Canadian crude will stay dirt cheap

Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from…

January 18, 2012

OZ Minerals spends up big in SA

OZ Minerals will spend nearly $100 million exploring for copper and gold in SA this year, hoping to build on the two deposits it already owns.

January 18, 2012

Rye Patch Gold Announces Stock Option Grants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF) ("Rye Patch Gold" or the "Company") announces that the Company has granted stock options to its…

January 18, 2012

Finning to acquire portion of Bucyrus distribution

Finning International Inc. (TSX:FTT) and Caterpillar Inc. (NYSE:CAT) today announced the companies have reached an agreement for Finning to acquire from Caterpillar the distribution and support business formerly operated by…

January 18, 2012

Phase 1 Drill Program at Tanoyan Gold Project Succesfully Completed

Reliance Resources Limited (TSX: RI) (the company) is pleased to announce a summary of its recently completed Phase 1 drilling program on the Tanoyan Gold Project, North Sulawesi, Indonesia. The…

January 18, 2012

Keystone XL decision coming today, U.S. media reports say

The U.S. State Department is set to announce Wednesday whether it will approve TransCanada’s controversial Keystone XL pipeline extension, U.S. media are […]

January 18, 2012

CB Gold trades higher after announcing gold intercepts

CB Gold was up 4.24% to $1.23 a share on Wednesday after announcing drilling results at its Vetas Gold project in Colombia.

January 18, 2012

Wall Street Reporter Senior Analyst Interviews Cornerstone CEO

MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Jan. 18, 2012) - Cornerstone Capital Resources Inc. ("Cornerstone" or the "Company") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) today announced that on January 17th, President & CE...

January 18, 2012

Due to European debt worries Oyu Tolgoi gets an additional US$1.8 billion shoring up

Perceiving a cloudy future for world markets, Ivanhoe Mines (NYSE:IVN) announced that they had negotiated an additional US$1.8 billion bridge financing for Oyu Tolgoi.