Regulator to weigh on Suncor attempts to take over Canadian Oil Sands
Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.
Rural communities in Australia’s mineral-rich states are unhappy about the many working girls following highly-paid miners into their small towns and motel and hotel owners are kicking out prostitutes using their rooms to ply their trade.
AP reports that the Obama administration is ignoring intense lobbying from the mining industry and political opponents on the right and will formally ban new uranium mining on 1 million acres around the Grand Canyon on Monday. Miners who registered thousands of claims during the final Bush years remain free to push ahead with new projects.
The Obama Administration is expected to announce Monday a moratorium on uranium mining on a million acres near the Grand Canyon, The New York Times is reporting.
Later this month Coal India Ltd (CIL), the world's biggest coal producer, will sign an agreement with the Limpopo government in terms of which it will receive mining rights on various coal blocks in that province.
British Columbians support Enbridge Inc.’s proposed Northern Gateway pipeline project by a 48% to 32% margin, according to an Ipsos Reid survey released January 5.
Zone Resources Inc. (CVE:ZNR) has retained Grandich Publications LLC to conduct investor relations and communications for one year for the Vancouver-based iron ore exploration company.