Cecilia Jamasmie , Editor-in-Chief

U.S. mining regulator tightens coal mines safety rules

As families and friends of dead miners mark the second anniversary of the Upper Big Branch Mine disaster in West Virginia on April 5, the U.S. Mine Safety and Health Administration announced it would issue its final set of rules for inspecting underground coal mines on Friday.

Cecilia Jamasmie | April 4, 2012 | 1:19 pm

BHP Australia coal mines vote to continue strike

Australian coal mines owned by BHP Billiton (ASX:BHP) and Mitsubishi Development Pty Ltd (TYO:8058) in the Bowen Basin area voted to resume their strike, momentarily stopped this morning, right after Easter.

Cecilia Jamasmie | April 4, 2012 | 12:38 pm

Royal Bank of Canada sued for ‘wash trading’

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Canada's Royal Bank (TSX:RY) yesterday, saying it engaged in hundreds of millions of dollars in sham futures trades to reap tax benefits on its holdings of company stocks.

Cecilia Jamasmie | April 3, 2012 | 2:49 pm

Barrick Gold’s Porgera mine resumes operations

Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop call-out order from 2009 still in effect.

Cecilia Jamasmie | April 3, 2012 | 2:09 pm

African Barrick Gold hikes Tanzanian Nyanzaga resource

London-listed African Barrick Gold (LON:ABG) reported increasing confidence in its Nyanzaga project, in Tanzania and said that the project has the potential to become its next mine in the country.

Cecilia Jamasmie | April 3, 2012 | 1:36 pm

Firestone Energy rejects offer for Waterberg coal mine stake

Firestone Energy Limited (ASX/JSE:FSE) rejected today an offer from Tata Power to invest in a joint venture with Sekoko Resources to develop a coal mine in the Waterberg area of South Africa, saying the offer under-valued the assets.

Cecilia Jamasmie | April 3, 2012 | 1:17 pm

HudBay says Constancia copper mine will cost $1.5 billion

Canadian base-metals miner Hudbay Minerals (TSX:HBM)(NYSE:HBM), rose the capital cost estimated of its giant Constancia copper project in Peru by about 50% to $1.5 billion, mentioning both scope changes and inflation as reasons.

Cecilia Jamasmie | April 3, 2012 | 12:52 pm

C$25 billion to improve Canada’s Asian trading opportunities

Christy Clark, the Premier of Canada’s British Columbia unveiled details of a C$25 billion public and private sector plan to expand trade with Asia, by improving the province's transportation system.

Cecilia Jamasmie | April 3, 2012 | 12:29 pm

Canada’s oil sands to more than double its workforce over the next decade: Report

The Canadian oil sands will need to more than double its workforce over the next decade, as expansion projects create new positions and existing workers retire, says the Petroleum Human Resources Council of Canada.

Cecilia Jamasmie | April 2, 2012 | 7:25 pm

Gold One buys First Uranium’s Elzuwini Mining Company for US$70M

First Uranium (TSX:FIU) announced Monday it has sold its South African-based Elzuwini Mining Co. to Gold One International for US$70 million, transaction that should be completed by June 29.

Cecilia Jamasmie | April 2, 2012 | 6:50 pm

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