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Latest Stories

Finning has a record quarter and year

Finning, Caterpillar's largest equipment dealer, reported record revenues for the fourth quarter and full-year 2011 on the back of highest-ever equipment sales in each region.

Hecla busts company record with 148 million ounces of silver reserves

Hecla Mining reported the largest resource calculation in company history today with 148 million ounces of silver reserves and 281 million ounces of resources. The silver numbers represented a 4% increase in reserves and a 13% bump in resources. Hecla also noted a 33% increase in gold resources to 597,600 ounces, while lead and zinc increased a respective 21% and 26%.

Australian Northern Territory fills Skills Gap with Foreign Workers

With the mining skills shortage and the Australian Government's Regional Migration Agreement, more foreign workers are moving to the Northern Territory to meet the demand, reports Australian Mining.
NT Minister for business and employment Delia Lawrie said in a statement the NT was set to experience huge growth and demand for workers was outstripping local supply. "While we are investing heavily in local training, it is still not enough to meet demand in a competitive Australian labour market," she said. “This RMA will act as a pressure valve for the local economy, helping businesses experiencing a shortage of staff to find workers when none can be sourced locally.”