Petronas new Progress takeover offer gives CNOOC fresh hopes on Nexen
China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.
Cecilia Jamasmie , Editor-in-Chief
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Shift miners ill, exhausted and depressed: report
A new study led by Australia’s Griffith University has found shift miners working long hours are more likely to suffer from depression, fatigue and a wide range of illnesses.
MMG submits proposal for Canadian Arctic zinc-copper mine
China-backed metals producer Minerals and Metals Group (MMG) might be the new kid on the Canadian Arctic block, but it is already moving ahead with its plans to build mines in Nunavut in the next six years.
Mining CFOs more pessimistic than the rest of Canada’s financial officers
A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for mining companies, reveals industry-specific data published Tuesday by GE Capital as part of its Bi-Annual Mid-Market CFO Survey.
Tiffany lends Diamcor $4 million to expand diamond project in South Africa
Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.
Glenstrata, the new mining king, is born
In what shouldn’t come as a surprise for those following the recent events related to the touted and long delayed $66 billion merger between diversified miner Xstrata (LON:XTA) and commodity trader giant Glencore International (LON:GLEN), the Swiss company's shareholders have approved the deal.
Anti oil sands protest blocks Canada-EU Energy Summit in London
A group of activists performing what they called an “oil orgy” protest interrupted the Canada Europe Energy Summit, at Canada House, in London Tuesday morning.
BHP Billiton looks for new CEO outside mining
BHP Billiton's (NYSE:BHP), the world's largest mining company, has not been successful in its quest to find a suitable successor to Marius Kloppers, as the South African approaches his sixth year as chief.
Conflict diamond new definition not likely to see the light this year
The official definition of conflict diamond, as outlined by the Kimberley Process (KP), isn’t likely to change at the next week’s industry plenary in Washington D.C., says the head of the certification scheme, Gillian Milovanovic.
Vale gets green light for railway expansion
Brazil’s Vale (NYSE:VALE), the world's number one iron ore producer, was granted Monday an environmental permit to expand the Carajás railroad (EFC), a key part of its plans to increase iron ore production in the Amazon.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
