MINING.COM

FT: EU’s efforts to cut red tape held up by anti-graft rules for mining companies

At the moment the draft legislation requires mining companies to disclose on a project-by-project basis what they pay local officials in foreign countries.

MINING.com Editor | June 5, 2012 | 7:11 pm

India’s state-owned ONGC considers $5 billion oil sands investment

Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.

Joshua Zapf | June 5, 2012 | 6:39 pm

Dumas Mining will be rocking and rolling at “Canada Sings” Tuesday night

Canadian supplier Dumas Mining has been working hard in the past few weeks, putting a lot of time and effort in a cause that has nothing to do with mining, except when it comes to passion and commitment.

MINING.COM Staff Writer | June 5, 2012 | 6:38 pm

First mining cluster in Chile to boost suppliers’ development and growth

Nine mining firms, both local and international, have joined forces to create a cluster that promotes the development of local businesses, which in turn should bolster the mining industry in the northern Chilean region of Antofagasta.

MINING.COM Staff Writer | June 5, 2012 | 5:48 pm

Huge setback for Rinehart and Reddy empires

Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.

Frik Els | June 5, 2012 | 5:10 pm

Caterpillar and Westport Innovations enter the natural gas vehicles business

Earth-moving equipment maker Caterpillar (NYSE:CAT) will work with Canadian Westport Innovations (TSX:WPT) to develop natural gas-powered engines for mining trucks, locomotives and other heavy equipment that typically uses diesel.

Cecilia Jamasmie | June 5, 2012 | 4:18 pm

Canada re-emerges as the top destination for mining and metals deals: Ernst & Young

Canada topped the global mining and metals sector as the number one target destination by total deal value in the first three months of this year, says international firm Ernst & Young.

Cecilia Jamasmie | June 5, 2012 | 3:09 pm

Are Indian consumers really falling out of love with gold? – Survey

Gold demand in India, one of the world's leading buyers, is likely to fall by at least 4% in volume in 2012, as higher inflation trims disposable local income, according to the latest research report by Morgan Stanley.

Cecilia Jamasmie | June 5, 2012 | 2:24 pm

Potash stocks led by Mosaic and Potash Corp. hit annual lows on financial worries

Stocks of major fertilizer producers Mosaic and Potash Corp hit their lowest levels in almost two years on Monday, in what is considered yet another sign the commodity “supercycle” is gearing down as slower global growth cools demand.

Cecilia Jamasmie | June 5, 2012 | 10:16 am

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