October 9, 2011 Sinopec agrees to buy Daylight Energy for $2.2B Last year, it paid US$4.65 billion to acquire U.S. oil giant ConocoPhillips' stake in the Syncrude oilsands project in northern Alberta. The deal for a nine per cent share of…
October 9, 2011 Keystone outrage now centred on Obama cronyism Ever since Friday's New York Times report saying the US State Department assigned an important environmental impact study of the Keystone XL pipeline to Cardno Entrix, a company with financial…
October 9, 2011 Nordic Iron Ore says may have found one of Sweden’s largest iron deposits Christer Lindqvist, CEO of Nordic Iron Ore, announced on Sunday that the company had previously been granted a mining concession for the iron ore deposit in Blötberget and are soon…
October 9, 2011 Sudan to produce 7 tonnes of gold in 2011 to make up for lost oil from south Reuters reports Sudan said on Sunday it expects its mining industry to produce around 7 tonnes of gold in 2011 and it plans to launch a gold refinery next year…
October 9, 2011 Institute identifies coal-fired powerplants likely to close – Ohio, West Virginia hardest hit The Institute for Energy Research issued a report on Friday listing the powerplants likely to be closed as a result of the U.S. Environmental Protection Agency’s regulations commonly known as…
October 9, 2011 Venezuela faces fresh $3.8 billion claim over nationalized gold mine The International Center for Settlement of Investment Disputes has advised Crystallex International Corp. that proceedings in its $3.8 billion case against Venezuela for nationalizing gold-mining assets has begun. The Toronto-listed…
October 9, 2011 Iamgold’s Suriname mine breaks output record Rosebel Goldmines (RGM) has achieved a record production in Brokopondo of nearly 400,000 troy ounces (12,440 kilos) of gold. RGM’s parent company IamGold announces this in its annual report for…
October 9, 2011 Alrosa Reducing Rough Diamond Sales, Expects Revival in 2012 (IDEX Online News) – Diminished demand for rough diamonds is forcing Alrosa to respond to rising pressure from the market. However, instead of reducing prices, which would make the goods…
October 9, 2011 South Africa’s gold miners await technology breakthrough to save them Fin24 reports South Africa's gold mining industry is under such cost pressure, owing to gold reserves that are too deep to be mined profitably, that within a decade or two…
October 9, 2011 Australia’s Atlas moves to monthly iron ore pricing Pilbara iron ore exporter Atlas Iron will switch to monthly pricing when several of its long-term supply contracts reach completion in the next nine months. Iron ore contracts have been…
South Africa’s last manganese smelter on the brink as high power costs weigh Transalloys CEO Konstantin Sadovnik says the business has been loss‑making for about three years. December 30, 2025 | 08:13 am
