Sandvik AB is announcing more job cuts due to restructuring.

Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from the Alberta oil sands to refineries along the US Gulf coast. The lack of pipelines like Keystone has meant that Canadian crude sells for much cheaper than global oil – on Wednesday the discount widened to over $30.

Finning International Inc. (TSX:FTT) and Caterpillar Inc. (NYSE:CAT) today announced the companies have reached an agreement for Finning to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in portions of South America and Western Canada and in the U.K.

Impala Platinum Holdings (JSE:IMP), a leading producer of PGM and responsible for 25% of global platinum output, is losing its CEO.

The U.S. State Department is set to announce Wednesday whether it will approve TransCanada’s controversial Keystone XL pipeline extension, U.S. media are […]

CB Gold was up 4.24% to $1.23 a share on Wednesday after announcing drilling results at its Vetas Gold project in Colombia.

Perceiving a cloudy future for world markets, Ivanhoe Mines (NYSE:IVN) announced that they had negotiated an additional US$1.8 billion bridge financing for Oyu Tolgoi.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Santa Fe Metals Corp. ("the Company") (TSX VENTURE:SFM) is pleased to report assay results from the November/December 2011 phase of the ongoing sampling program on its Don Indio project at Cuatro Ciénegas, Coahuila, Mexico.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Baja Mining (TSX:BAJ)(OTCQX:BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew a further US$ 100 million on January 17, 2012, the third draw on its senior debt facilities to date.