Why CSR makes sense for communities, companies and investors
Mining executives tell The Gold Report that the most effective corporate social responsibility programs (CSR) are orchestrated cooperatively instead of applied prescriptively.
Statistics Canada revealed today that the provinces of Alberta and Saskatchewan led the country in economic growth in 2011, buoyed by the extraction and exploration of their natural resources.
"What is new is the growing awareness of its implications for our nation, particularly in a highly competitive world economy in which the demand for minerals continues to grow, especially in fast growing economies led by China and India."
Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.
Gold is currently in a protracted period of consolidation and expecting a break-out but it is unclear in which direction! Down to $1,525 or up to $2,000 + - or maybe first one then the other. Interesting times!
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.