November 9, 2012

Here is the prayer Murray Energy’s CEO read to staff before laying them off

"We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom."

November 9, 2012

Canada may change entire temporary foreign worker program over Chinese miners controversy

Accusations of Chinese miners being dubiously brought into the Canadian province of British Columbia to work in coal mines has prompted the federal government not only to investigate the issue,…

November 9, 2012

Obama energy adviser says doubts about Keystone XL remain

While Calgary-based TransCanada (TSX, NYSE:TRP) remains optimistic about its Keystone XL pipeline’s prospects, given Obama administration’s focus on moving the U.S. away from its dependence on foreign oil, uncertainties around…

November 9, 2012

Nickel miner Talvivaara falls on radioactive leak worries

Shares of nickel producer Talvivaara (LON:TALV) dropped down over 10% on Friday over reports the firm had failed to solve a waste water leak at a nickel and zinc mine…

November 9, 2012

Flight to quality, key to junior mining investing

While the junior mining sector has not seen the benefits of higher gold prices, there is reason for optimism, says Vikas Ranjan, managing director and principal of Ubika Research.

November 9, 2012

South African report highlights Chinese labor abuses in the Sub-Sahara

A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh…

November 9, 2012

Aboriginal land council amenable to uranium mining in Western Australia

The chairwoman of the Broken Hill Aboriginal Land Council has declared that she is open to possibility of uranium mining in the region.

November 9, 2012

Mitsubishi’s $6.7 billion Oakajee project scuppered by costs blowout and Chinese demurral

Mitsubishi's AUD$6.7 billion Oakajee port and rail project in Western Australia has been put on hold as the company cuts costs in the face of adverse economic conditions and struggles…

November 8, 2012

Australian miners find new ways of getting buzzed

Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from…

November 7, 2012

SA mineral resources minister warns mining firms against retrenching workers

South African Mineral Resources Minister Susan Shabangu today warned mining companies against taking "unilateral action" and retrenching workers due to the costs of recent wage hikes for mining employees.