Eldorado Gold (TSE:ELD) announced that it hit record production in the third quarter. Its three mines, Kisladag, Jinfeng, Tanjianshan and White Mountain, produced 179,195 oz in Q3 at a cash cost of $397/oz. The company also said that iron ore sales in the quarter totalled 170,781 tonnes at a realized price of US$122/tonne. "We are extremely pleased that all operating mines continue to perform in accordance with plan in terms of production levels and cash operating costs, which resulted in record quarterly production for the corporation," commented Paul Wright, President and Chief Executive Officer.

Australia Labor Party pushed the carbon tax through the lower house of Parliament on Wednesday in a close vote of 74 to 72. Protestors in the public gallery shouted and tried to disrupt the proceedings. Opposition Leader Tony Abbott of the centre-right Liberal Party of Australia accused Prime Minister Julia Gillard of lying to the Australian people during last year's election, an election which Gillard narrowly won.

Loading up the global warming argument with righteousness is harming the cause, says a blogger at the Philospher’s Beard. “The moralisation approach […]

Chieftain Metals Inc. announced new assay results from drilling completed and around the Tulsequah Chief mine site in British Columbia, Canada.

Ramelius Resources Limited announced the results of new pit optimisations at its wholly owned Mt Magnet gold project in Western Australia.

Berkeley Resources Ltd. announced that it initiated the licensing and permitting processes for development of the the Retortillo and Santidad deposits within […]

Carpathian Gold Inc. announced a Project Loan Facility ranging from US$75 to US$97 million to fund the construction and development of the […]

The Australia Coal Association makes a pitch for coal with a recent video on YouTube showing how important the industry is to Australia and the country's ecocomy. Coal has been under pressure from the left-leaning Australian Labor Party. The government recently introduced a carbon tax set to kick in 2012. The coal industry claims that the tax will hurt the industry and shut down mining operations.

World energy consumption is set to grow 53% by 2035 and most of that energy will be coming from fossil fuels, according to a study by the U.S. Energy Information Administration. While energy consumption will grow slowly in the U.S. and Europe, countries like China and India that are growing their industrial base will be gobbling up more and more energy.

Agnico Eagle's production (NYSE:AEM) totaled 265,978 ounces, an increase of approximately 11% over the second quarter 2011 level of 239,328 ounces due to improved performance at Kittila Mine and Meadowbank Mine. "For the first nine months of 2011, the Company produced a record 757,668 ounces of gold. This compares with the previous nine month record set in the first nine months of 2010 when gold production was 731,138 ounces," said the company in a news release. Last month Agnico Eagle acquired Grayd Resources for $275 million.

Edmonton Journal reports that regional planning directors are considering LRT, light rail transport, to solve traffic jams along Highway 63. As more workers pour up north to work on the oil sands projects, workers are becoming snarled in traffic since the roads lack capacity. "[Officials] say something needs to be done about mobility issues that could impede the region's economic growth, with some estimates indicating an hour of traffic congestion costs oil companies $20,000 to $50,000."

A mining contractor at Aquarius Platinum's Everest Mine is on strike. The strike has been called by the Association of Mining and Construction Unions, which is demanding full organizational rights under the South African Labour Relations Act. The contractors on strike are employees of Murray & Roberts Cementation. "This is a technical dispute between AMCU and MRC, and no demands are being made by AMCU of Aquarius or its subsidiaries," said Aquarius Platinum (ASX:AQP) in a dispute.