Cecilia Jamasmie , Editor-in-Chief

Enbridge Q3 profit up thanks to liquid pipes

Enbridge Inc. (TSX:ENB), the largest transporter of Canadian oil to the U.S., posted Wednesday better third-quarter results compared to the same period last year driven by recovering earnings from its liquids pipelines and a reduced loss from derivatives contracts.

Cecilia Jamasmie | November 7, 2012 | 4:53 pm

Congo to discuss mining code changes with companies

The Democratic Republic of Congo's intentions to increase the government stake in mining projects by 35% will be first discussed with mining companies and also consulted with the World Bank and the IMF, said a source from the country’s ministry of mines.

Cecilia Jamasmie | November 7, 2012 | 3:56 pm

Paladin Energy to cut costs by $80 million

Uranium miner Paladin Energy (TSX:PDN)(ASX:PDN) is targeting up to $80 million in cost reductions over the next two years and putting a freeze on development as the price for uranium spot has weakened.

Cecilia Jamasmie | November 7, 2012 | 2:47 pm

Tata Steel disputes $1 billion fine

Tata Steel Ltd. (NSE:TATASTEEL), India’s largest private steelmaker, is contesting a $1 billion for allegedly mining above the limit volumes in the mineral-rich eastern state of Orissa, which —ironically— is one of the South Asian country’s poorest regions.

Cecilia Jamasmie | November 7, 2012 | 2:12 pm

Canadian Lucara Diamond finds rare blue stone in Botswana

Canada's Lucara Diamond Corp. (TSX:LUC) said it recovered a 9.46-carat rare type II blue diamond from its Karowe mine in Botswana.

Cecilia Jamasmie | November 6, 2012 | 7:49 pm

Molycorp sues contractor for over $45 million

Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over $45 million in damages.

Cecilia Jamasmie | November 6, 2012 | 7:34 pm

Anti-mining advocate arrested in Philippines over Facebook posting

A 62 year-old woman was arrested in the Philippines for promoting an upcoming demonstration opposing magnetite mining back in 2011.

Cecilia Jamasmie | November 6, 2012 | 5:58 pm

Canada to supply India with nuclear energy

After two years fine-tuning details of their nuclear cooperation agreement, Canada and India have finally reached consensus and the countries representatives announced Tuesday a deal that will see Canadian companies ship their uranium to the South Asian nation for nuclear energy.

Cecilia Jamasmie | November 6, 2012 | 5:09 pm

Australia tries rescuing Rio Tinto’s aluminum operations

Australia’s federal government has agreed to back the construction of a proposed gas pipeline to supply Rio Tinto’s (LON, ASX:RIO) struggling Gove aluminum operations in the country’s Northern Territory.

Cecilia Jamasmie | November 6, 2012 | 4:12 pm

WTO to decide on China-EU solar power dispute

The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU with violating rules governing subsidies to its solar-components industry.

Cecilia Jamasmie | November 6, 2012 | 2:08 pm

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