January 12, 2012

Norsk Hydro to cut 250 jobs in aluminium plant restructure

Global aluminum supplier Norsk Hydro yesterday announced plans to cut the capacity of its Australian New South Wales-based Kurri Kurri smelter by 33 percent citing low metal prices as the…

January 12, 2012

DEF holds first annual good awards

Helping 2012 get off to a good start, the Diamond Empowerment Fund (DEF) held its inaugural “GOOD Awards” in New York last week.

January 12, 2012

Barrick Gold completes agreement

Barrick Gold has completed its 20 million Australian dollars farm-in agreement with explorer Coppermoly to earn a 72 percent stake in the Nakru, Simuku and Talelumas projects on New Britain.

January 12, 2012

Ivanhoe Australia receives $30.1 million distribution from Exco Resources’ asset sale

Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the receipt of the $30.1 million distribution from Exco Resources Limited.

January 12, 2012

More coal gasification progress with new GE technology IGCC plant in South Korea

GE has been selected by Korea Western Power Co (KOWEPO) for the first integrated gasification combined-cycle (IGCC) power plant to be built in South Korea and one of the first…

January 12, 2012

P&H makes further inroads in India with new investment

Joy Global subsidiary P&H Mining Equipment is to invest $25 million in setting up a manufacturing and servicing facility for high-end mining equipment near Durgapur in West Bengal according to…

January 11, 2012

Canadian first nation sues for $10 billion over potash and oil properties

The George Gordon First Nation is seeking $10 billion from the provincial and Canadian governments over potash and oil properties the Saskatchewan first nation says it is owed.

January 11, 2012

Eagle Hill Announces Flow-Through Financing

Eagle Hill Exploration Corporation (TSX VENTURE:EAG) ("Eagle Hill" or the "Company") is pleased to announce a private placement financing (the "Financing"). The total issuance under the Financing will be up…

January 11, 2012

Heidi closes world’s biggest iron ore export terminal

Tropical cyclone Heidi hit the west Australian coast early on Thursday packing winds up to 120 kilometres per hour, forcing seaside residents to flee rising tidewaters and closing the world's…

January 11, 2012

Guyana Goldfields Provides an Update on the Aurora Feasibility Study

Guyana Goldfields Inc. (TSX: GUY) ("GGI" or the Company") is pleased to provide an update on the definitive Feasibility Study ("FS") work for the Aurora Gold Project.