MINING.COM

Tom Kloet will stay on as head of TMX Group

The Maple Group, a consortium of banks and pension funds that looks poised to takeover the TMX Group, said today that Tom Kloet will remain as CEO and will also become CEO of the Maple Group, as well.

Michael Allan McCrae | July 12, 2012 | 11:04 pm

Barkerville, the BCSC is calling

Barkerville's stock price has tumbled 40% since Friday's high of $1.05. And Investors aren't the only group not convinced by the company's report, even the British Columbia Securities Commission has raised an incredulous eyebrow.

Joshua Zapf | July 12, 2012 | 9:37 pm

Chinese thermal coal prices see longest losing streak in four years

Market pressure from high inventories and a flood of cheap overseas supply, as well as the lackluster performance of the Chinese economy were to blame for sending the average price to its lowest point in over two and a half years.

Marc Howe | July 12, 2012 | 9:34 pm

Investors dump lone US oil sands developer

US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.

Frik Els | July 12, 2012 | 8:16 pm

US critical minerals bill to cut mine permitting to max 30 months approved

The most controversial aspect of the bill is the ability of the lead agency issuing the permit to decide proposed projects are not subject to National Environmental Policy Act (NEPA) standards.

Frik Els | July 12, 2012 | 7:28 pm

First iron ore, now rare earths: China to launch physical trading platform

The exchange will be located in Baotou city in Inner Mongolia region, which is home to nearly half the world's light rare-earth output.

Frik Els | July 12, 2012 | 6:37 pm

Gold, QE3 and antibiotics

A growing number of analysts are pointing out that returns from quantitative easing are fast diminishing.

Frik Els | July 12, 2012 | 6:04 pm

Second day of heavy losses has Semafo investors reeling

The Montreal-based company, down 21% following a dive of 17% on Wednesday, were deemed by investors to have overpromised and underdelivered on its exploration results.

Frik Els | July 12, 2012 | 4:53 pm

Eerie photos in the wake of Hungary’s toxic aluminum spill

Spanish photographer Palindromo Meszaros has released a series of haunting photos depicting the devastating impact of a toxic aluminum spill in 2010 upon forests and rural communities in Western Hungary.

Marc Howe | July 12, 2012 | 3:11 pm

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