Cecilia Jamasmie , Editor-in-Chief

Canadian company claims it can make oil sands “green”

N-SolvCorp, a small Canadian company based in Calgary, claims it has developed a unique technology that will make Alberta's oil sands more profitable and environmentally sound.

Cecilia Jamasmie | June 19, 2012 | 1:44 pm

Nautilus dispute with Papua New Guinea authorities threatening underwater mining future

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards to its obligation to complete the agreement reached in March last year for Nautilus Solwara 1 copper project.

Cecilia Jamasmie | June 18, 2012 | 6:21 pm

Australia sets conditions to Rinehart’s $6.4 billion coal mine project

Australian environment minister, Tony Burke, has told GVK and #4 mining billionaire Gina Rinehart to improve four areas of their $6.4 billion Alpha Coal project if they want to gain Federal environmental approval.

Cecilia Jamasmie | June 18, 2012 | 3:59 pm

Alpha cut accident rates at coal mines formerly owned by Massey Energy: prosecutors

Alpha Natural Resources (NYSE: ANR) has drastically cut its accident and injury rates in the six months since a landmark $210 million settlement, which spared the company criminal charges over the 2010 mine explosion that killed 29 workers, federal prosecutors said Monday.

Cecilia Jamasmie | June 18, 2012 | 3:24 pm

Yamana Gold to acquire Extorre for $400 million, aiming for 18% dividend boost

Canadian Yamana Gold Inc. (TSX:YRI) (NYSE:AUY)(LSE:YAU) announced a $400 million acquisition Monday of Argentina-focused junior miner Extorre Gold Mines (AMEX:XG) (TSX:XG), which has an appealing gold-silver project in the South American country, while also saying it plans to boost its dividend by 18%.

Cecilia Jamasmie | June 18, 2012 | 2:00 pm

No one buys Congo’s mining assets on the cheap: Government

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those accusations as uninformed and a “double standard."

Cecilia Jamasmie | June 18, 2012 | 1:34 pm

Minerals Council of Australia accuses unions of racism

The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.

Cecilia Jamasmie | June 8, 2012 | 5:17 pm

Copper at a six month low after fears resurface about Chinese economy

Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.

Cecilia Jamasmie | June 8, 2012 | 4:32 pm

Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted

The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.

Cecilia Jamasmie | June 8, 2012 | 3:40 pm

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

Cecilia Jamasmie | June 8, 2012 | 1:49 pm

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