December 30, 2011

Coal ship queue hits 60 at Newcastle Port in Australia

ABC reported that Newcastle's ship queue has hit 60 for the first time in several years, as global demand for coal continues to rise.

December 30, 2011

Soros sees the bear behind the bullion

Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market.

December 30, 2011

Keystone XL oil sands myths and half-truths

What do you really know about the proposed Keystone XL oil pipeline? The one that would bring a certain type of oil, called oil sands or tar sands, from Canada…

December 30, 2011

Alberta grants ATCO construction permit for 240-kV line to oil sands mines

Alberta regulators approved a 240-kV transmission project in eastern Alberta over the objections of some oil sands developers.

December 30, 2011

Slowing China Means Ore-Ship Rates at Lowest in Decade: Freight

The weakest growth in demand in at least a decade for shipments of iron ore, the second-biggest commodity cargo after crude oil, means rates for the largest vessels will plunge…

December 30, 2011

Outotec offers new partial roasting process to purify contaminated copper and gold concentrates

Outotec has developed a two-stage partial roasting process to remove impurities - such as arsenic, antimony and carbon - from copper and gold concentrates as a pre-treatment to actual extraction…

December 30, 2011

Gold Anomaly Limited (ASX:GOA) Crater Mountain Major Multiple Mineralisation Events Associated with Porphyry System

Gold Anomaly Limited (ASX:GOA) report that the results from NEV027 (except base metal results from 500m - 840m) has now been received and analysed, with the highlight being the pervasive…

December 29, 2011

In 3-5 years “biofilms” will completely decontaminate oil sands tailing ponds

Researchers at two Alberta universities believe they have found the solution to a major oil sands problem: the environmental risk posed by tailings ponds.

December 29, 2011

Australian gold mining firm halts exploration in Indonesia

An Australian gold mining exploration company said yesterday it had halted activities at a project in Indonesia, after a violent protest at a nearby port last week that left two…

December 29, 2011

Joy Global Inc. announces acquisition of controlling interest in China-based International Mining Machinery Holdings Limited

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE:JOY) ("Joy Global") a worldwide leader in high productivity mining solutions today announced that it completed the acquisition of approximately 41.1% of the outstanding common…