Cecilia Jamasmie , Editor-in-Chief

Caterpillar profits in Q1 beat analysts expectations

Caterpillar Inc. (NYX:CAT), the world’s largest manufacturer of earthmoving equipment by revenues, injected some optimism on the U.S. economy today, after announcing profits for the first quarter well above of Wall Street expectations.

Cecilia Jamasmie | April 25, 2012 | 1:57 pm

Modest Canadian start-up wins clean technology competition with its green fuel

SABRTech Inc., a small Canadian company committed to producing and supplying biofuel for the aviation industry, it’s the winner of an international clean technology competition launched last September by the government of Nova Scotia.

Cecilia Jamasmie | April 25, 2012 | 1:07 pm

First Uranium committed to sell South African mines

TSX- and JSE-listed First Uranium (TSX:FIU) (JSE:FUM) announced it will stick with an earlier announced deal to sell the Ezulwini gold and uranium operation to Chinese-owned Gold One, with shareholders due to decide on June 13.

Cecilia Jamasmie | April 25, 2012 | 12:21 pm

Nova Scotia government to decide between gold mine or Christmas tree farm

Nova Scotia's natural resources minister Cleve Higgins will have to decide soon whether an Australian mining conglomerate or a Christmas-tree family farm has the rights over eight-hectares of land in Moose River, near Middle Musquodoboit.

Cecilia Jamasmie | April 24, 2012 | 5:55 pm

First Nickel shares collapse after ordered to stop operations at flagship mine

Canadian First Nickel Inc (TSX:FNI) shares were down almost 22% this morning (11:11 ET) to 70 Canadian cents, after the company was ordered to stop work at its key mine Lockerby by The Ontario's Ministry of Labour over safety issues.

Cecilia Jamasmie | April 24, 2012 | 4:09 pm

Broadcast live today: How James Cameron’s company will mine asteroids

Google's billionaire co-founders Larry Page and Eric Schmidt and filmmaker James Cameron will officially announce today plans to mine asteroids. The company's presentation will be broadcast live today at 1:30 p.m. ET.

Cecilia Jamasmie | April 24, 2012 | 3:15 pm

When $18 billion is not enough. Rinehart sues Rio Tinto for more iron royalties

Billionaire Australian Gina Rinehart, is taking Rio Tinto to court, demanding the world's third largest miner pay her 2.5% of the income streams from iron ore production at the Channar and Eastern Ranges mines on top of the royalties from three other Pilbara properties she is already receiving.

Cecilia Jamasmie | April 24, 2012 | 1:50 pm

Anglo American sells South African Scaw Metals Group for $430 million

Diversified miner Anglo American Plc. (LON:AAL), announced today it has sold the South African Scaw Metals Group business for $430 million to a group of partners, on a move to refocus on its core mining business.

Cecilia Jamasmie | April 24, 2012 | 10:00 am

Peregrine Diamonds discovers third kimberlite

Canadian Peregrine Diamonds has discovered a third kimberlite during its winter drill program in the Lac de Gras region, Canada, one of the most prolific diamond districts in the world since kimberlite was first discovered there in 1991.

Cecilia Jamasmie | April 24, 2012 | 3:29 am

Global warming meets Arctic mining next week in Quebec

More than 2,000 international experts will meet in Montreal, Canada, next week to discuss the latest research about how climate change is altering the Arctic faster than the inhabitants, and the governments that regulate the phenomenon, can keep up with.

Cecilia Jamasmie | April 20, 2012 | 5:08 pm

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