December 16, 2011

Harper defends oilsands ‘misinformation,’ calls need for them ‘overwhelming’

2:47 PM | Comments: 0 (including replies) TORONTO - Prime Minister Stephen Harper says the need for Canadian oilsands is "overwhelming." Speaking in Toronto today, Harper defended the oilsands as…

December 16, 2011

Landowner Concerned about Atlantic’s Potash Project

CBC reported that a landowner at Atlantic's proposed potash exploration site has not been consulted about the project.

December 16, 2011

Facebook commits to clean energy future

The news comes two years after Greenpeace launched its global Unfriend Coal Campaign (2, 3), enlisting 700,000 online activists (4) to call on Facebook to power its data centers with…

December 16, 2011

Inuit open to uranium mining

A self-governing Inuit territory in northern Canada has lifted a moratorium on uranium mining, opening the door to a possible mining boom, […]

December 16, 2011

Patriarch Partners acquires Hussey Copper LTD

NEW YORK, Dec 16, 2011 (BUSINESS WIRE) -- Patriarch Partners, LLC ("Patriarch"), a New York based private equity platform holding 76 companies today announced the acquisition of Hussey Copper, LTD…

December 16, 2011

Occidental Gold plans Ivory Coast gold mine

After discovering a significant deposit in the Ivory Coast, Occidental Gold, a unit of Australia's Perseus Mining said it will seek a mining licence from the West African state.

December 16, 2011

Selling pressure pushes gold prices down in India

Gold prices in India have been sliding all week, falling below the crucial $531.66 per 10 grams level for the first time in six weeks in New Delhi on Friday.

December 16, 2011

Despite rebound, gold on track for worst week in 3 months

While the yellow metal rallied on Friday, helped by a weaker dollar, it was not enough to outweigh the sharp pullback seen over the last four sessions.

December 16, 2011

Atlas Copco broadens offering for mining and tunnelling with GIA acquisition

Major mining equipment manufacturer, Atlas Copco, is broadening its range through the acquisition of mining and tunnelling equipment specialist, GIA Industri.

December 16, 2011

Power cut hits Rio-owned UK aluminium smelter

One of the production lines at Rio Tinto Alcan's Lynemouth aluminium smelter was knocked off line by a power cut, while production was partially curtailed at the other.