Cecilia Jamasmie , Editor-in-Chief

Anglo American Platinum offers bonus to bring back miners

South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, has offered to reinstate 12,000 miners fired in early October for illegally striking and pay them a $230) “hardship allowance” if they return to work by Tuesday morning.

Cecilia Jamasmie | October 29, 2012 | 5:03 pm

Petronas extends $5.2 billion takeover bid for Progress Energy

Malaysian state-run oil company Petronas has extended the deadline for its takeover bid for Canadian gas producer Progress Energy Resources Corp.(TSX:PRQ) in hopes it will be able to overcome Ottawa's objections to the $5.2 billion deal.

Cecilia Jamasmie | October 29, 2012 | 3:28 pm

TransCanada and Phoenix Energy join forces to build $3-billion pipeline

TransCanada Corp. (TSX, NYSE:TRP) and Phoenix Energy Holdings Ltd. have entered into a 50-50 partnership to build a $3-billion pipeline in Northern Alberta, one of the centres of Canada’s oil sands industry.

Cecilia Jamasmie | October 29, 2012 | 3:01 pm

Tirex Resources moves from exploration to production in Albania

Not very often you hear about a company moving from exploration into production, but Canadian Tirex Resources (CVE:TXX) is doing just that. The Vancouver-based firm announced Monday it has received official notification from Albania's Ministry of Economy, Trade and Energy (METE) relating to its applications to transition six areas from exploration licenses to 25 year mining permits.

Cecilia Jamasmie | October 29, 2012 | 2:28 pm

Petaquilla rejects Inmet’s final takeover bid

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, the latest takeover bid by Inmet Mining Corp. (TSX:IMN) presented Friday, which was 25% cent higher than the $112-million Inmet originally offered.

Cecilia Jamasmie | October 29, 2012 | 1:44 pm

Park to replace infamous tar ponds in Nova Scotia

Canadian authorities revealed Sunday plans for the final portion of tar ponds clean-up in the province of Nova Scotia, which will see $17 million spent on a park, sports field and an outdoor stage and amphitheatre, as part of a project to revitalize an area where a former steel mill left behind contaminated soil.

Cecilia Jamasmie | October 29, 2012 | 1:07 pm

New Bolivian law poses serious challenges for mining companies

Bolivia has passed this month the world's first ruling that grants all nature equal rights to humans. The “Law of Mother Earth,” agreed by politicians and grassroots social groups, redefines the South American nation's mineral deposits as "blessings" and is supposed to lead to radical new conservation and social measures to reduce pollution and control industry.

Cecilia Jamasmie | October 29, 2012 | 10:52 am

Experts find manure is ‘best cure’ for mining

U.S. Department of Agriculture (USDA) research published Friday confirms what farmers seem to have known for hundreds of years: that manure helps restore soils, even those highly damaged post-mining landscapes.

Cecilia Jamasmie | October 26, 2012 | 6:58 pm

American companies not yet ready for Conflict Minerals Law – report

With only about 21 months remaining until publicly-traded U.S. component manufacturers are forced by law to disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, says information and analytics provider IHS (NYSE: IHS).

Cecilia Jamasmie | October 26, 2012 | 5:48 pm

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

Cecilia Jamasmie | October 26, 2012 | 4:09 pm

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