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Bye, bye penny

The Royal Canadian Mint will stop producing pennies this fall, announced Finance Minister Jim Flaherty during his budget speech on Thursday.

West Virginia Mine Safety Training Facility to Start Construction in June

A new training facility for mine safety could be breaking ground in Julian, West Virginia, by June of this year, reports The State Journal.
Alpha [Natural Resources] agreed to build a "state-of-the-art" training facility in Julian as part of its obligations to settle with the Department of Justice in regard to the Upper Big Branch mine disaster. The accident resulted in the death of 29 miners.

Conflict-free gold standard about to become a fact

The World Gold Council unveiled today the long-awaited “exposure draft” of the so-called conflict-free gold standard, which aims to crack down on gold tainted by conflict and human rights violations, such as the ongoing supply coming from the rebel forces in the Democratic Republic of Congo.