Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.
Recently we sat down with Amir Adnani, CEO of Uranium Energy Corp. ($UEC), an American uranium mining company, for a conversation on the nuclear industry eighteen months after the catastrophe at Fukushima which devastated both Japan and most uranium miners’ share prices.
China is showing further signs that stimulus spending to prop up its slowing economy could well be on the way with President Hu Jintao evincing a commitment to economic growth at the APEC summit over the weekend.
Rising labor and construction costs as well as declines in commodities prices have cast doubt on AUD$100 billion in mining and energy projects in Australia.
The chairman of Perth's Summit Resources (ASX:SMM) has said Queensland could miss out on millions in uranium investment due to the Newman government's failure to establish a more welcoming policy environment for developers.
A school in Western Australia has adopted the innovative pedagogic technique of using Lego robotics to teach students about mining processes, with the long-term goal of providing skilled tech-savvy workers to the region's flourishing resources sector.