Cecilia Jamasmie , Editor-in-Chief

Harry Winston confirms potential buyers’ interest in its luxury division

Canadian Harry Winston Diamond Corp. (TSX:HW, NYSE:HWD) has confirmed it has received "various indications of interest" about the potential purchase of its luxury retail business.

Cecilia Jamasmie | October 19, 2012 | 10:34 am

ArcelorMittal mulls sale of $10 billion Canadian iron ore business

ArcelorMittal, the world's largest steel producer, is considering to sale a stake in its $10 billion Canadian iron ore business, in an attempt to weather the slump in its key commodity, reports FT.

Cecilia Jamasmie | October 18, 2012 | 7:19 pm

Endeavour Mining closes $389 million Avion Gold acquisition

Vancouver-based Endeavour Mining (TSX:EDV, ASX:EVR) has closed the full acquisition of Toronto-based Avion Gold Corp. (TSX:AVR), in a deal originally valued at $389 million.

Cecilia Jamasmie | October 18, 2012 | 5:13 pm

Chinese coal firms in Canada favour foreign labour – report

The Chinese coal mining companies that are staring business in B.C., Canada, have been accused of favouring Chinese applicants to fill available positions, as they have posted ads looking for workers who speak Mandarin, not a language spoken by most Canadians.

Cecilia Jamasmie | October 18, 2012 | 3:20 pm

World Gold Council releases conflict-free standard

The World Gold Council (WGC) published Thursday the anticipated conflict-free standard, which aims to restrict production of the yellow precious metal in places where it already fuels or may trigger conflicts and human rights violations.

Cecilia Jamasmie | October 18, 2012 | 2:19 pm

Firestone opens new tender facility at Belgium’s Antwerp World Diamond Centre

Firestone Diamonds (LON:FDI) announced Thursday that it has partnered up with First Element Diamond Services and opened a new tender facility at the Antwerp World Diamond Centre, in Belgium.

Cecilia Jamasmie | October 18, 2012 | 1:27 pm

Diavik Diamond Mines is one of Canada’s top 100 employers

Diavik Diamond Mines Inc., operator of the Diavik open pit mine in Canada's Northwest Territories, has been chosen as one of the country’s Top 100 employers for the second consecutive year.

Cecilia Jamasmie | October 18, 2012 | 12:38 pm

Canada waves asbestos mining ‘au revoir’

A loan rejection to the last asbestos miner in the country followed by Canada’s federal government’s announcement that it wouldn’t oppose to list Chrysotile —the type of asbestos found in Quebec — as a hazardous substance, are the latest signs of the country shelving one of the most polemic mining products once and for all.

Cecilia Jamasmie | October 17, 2012 | 6:54 pm

Mexico is the most energy secure country – report

Mexico is the most energy secure nation among the world's 25 biggest energy consumers, reported the U.S. Chamber of Commerce in a recent study of the largest energy-consuming countries.

Cecilia Jamasmie | October 17, 2012 | 5:18 pm

Potash Corp warns profit to be lower than forecasted

Potash Corp. (TSX, NYSE:POT), Canada's largest fertilizer producer, said Wednesday it was revising its outlook because of delays in reaching contracts with commodity buyers in India and China.

Cecilia Jamasmie | October 17, 2012 | 3:36 pm

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