September 23, 2011

Copper, Nickel, Tin Slump on European Debt, Global Growth Risk

Sept. 23 (Bloomberg) -- Copper dropped to the lowest in more than a year while nickel and tin plunged as the deepening European debt crisis and threat of a U.S.…

September 23, 2011

Shares of Canadian Oil Sands Trust Fall…

Canadian Oil Sands Trust (NASDAQ:COSWF) traded today at a new 52-week low of $19.16. This new low was reached on above average trading volume as 460,000 shares traded hands

September 23, 2011

Mongolian ministers assigned to renegotiate foreign mining deal

The Mongolian Cabinet Office would ask Canadian and Australian mining companies to renegotiate the Oyu Tolgoi copper-gold mining agreement, local media reported Thursday. Chimed Khurelbaatar, chief of the Cabinet Office…

September 23, 2011

Gold companies merge into McEwen Mining

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

September 23, 2011

Copper, coal: crystal balls for the global economy

Copper, coal and other industrial commodities can be great tools for predicting economic prospects and right now they’re offering a gloomy outlook, but a closer analysis shows a glimmer of…

September 23, 2011

Evolution Mining and Norrliden Mining formed, Agnico-Eagle Mines acquiring Grayd Resource, Petra Diamonds completes acquisition of Finsch diamond mine and so much more news – read on

finsch.jpg International Mining’s fortnightly global project watch is a great way of keeping up to date with your peers - other mining companies, other consultants or other engineering companies. If…

September 23, 2011

Cadia East – to be Australia biggest underground mine – chooses Sandvik LHDs

sandvik-lh-517-being-delivered-to-cadia.jpeg Sandvik Mining and Construction has been awarded a contract for the supply of 14 LH517 LHDs for the initial production phase of Newcrest Mining’s Cadia East mine near Orange in…

September 23, 2011

Alliance to invest up to $525M in coal project

Alliance Resource Partners LP said Thursday it will invest $400 million to $525 million over three or four years in a coal-mining operation under construction in Illinois. The deal includes…

September 23, 2011

Day of carnage on oil market brings Suncor 2011 losses to $20 billion

Weak manufacturing data from China and a US economy deemed to have "significant downside risk," saw benchmark North American crude futures drop more than $5 to just above $80 a…

September 23, 2011

Thiess wins important iron ore mining contract from Fortescue

134.jpg Australia-based mining contracting major Thiess has won a major A$100 million contract with Fortescue Metals Group for Phase One development works on the Solomon Hub iron ore mine in…