A new European study says supply shortfalls of rare-earth elements over the next two decades put at risk the EU's ambitious plans to expand the production of solar, wind and green transport technologies and implement carbon-capture systems. According to the EU's Joint Research Centre, solar will require half the current world supply of tellurium and 25% of the supply of indium, while Europe’s wind energy programme which is supposed to power all of the continents 240 million households within 20 years need a steady supply of neodymium and dysprosium. China controls 95% of the globe's rare earth output in 2010 produced more solar panels than the rest of the world combined.

The Wall Street Journal profiles a Western Australian mine worker who runs underground drills in remote mining towns.

Metso and the University of Queensland in Brisbane, Australia, have finalized a three-year agreement encompassing joint research and performance evaluations of the VERTIMILL® Grinding Mill developed by Metso.

The price of US crude oil broke through the psychologically important $100/barrel level on Wednesday after news of a pipeline deal that will relieve the oil glut in Cushing, Oklahoma, the pricing point for US crude. The US benchmark crude price West Texas Intermediate is now up more than a third from year-lows of $76 struck in early October. On top of the almost 3% move higher to $102 on Wednesday, the gap between WTI and the international benchmark price, Brent, reduced dramatically. From a record margin of $26.87 early September, WTI is now less than $10 cheaper. At the same time the discount on Western Canada Select narrowed 55 cents to $11.40/barrel meaning oil sands producers now get more than $90 per barrel for their heavy oil for the first time since June.

Stornoway Diamond Corporation CA:SWY -10.00% is pleased to announce the results of the Feasibility Study ("FS") for the Renard Diamond Project located in North Central Quebec.

Shares in Jaguar Mining (NYSE:JAG) surged 46% today on news that a Chinese gold producer is bidding $1 billion for the Brazil-focused company. The Globe and Mail reports that Shandong Gold is offering $9.30 per share in cash, which is a 73% premium to Jaguar's closing price Tuesday on the NYSE. The shares were changing hands at around $7.89 Wednesday afternoon in New York.

A group of mining officials from Ukraine will observe American mine safety and training techniques from Bevill State Community College employees, reports Daily Mountain Eagle.

The team from the Ukrainian mining division spent Monday on Bevill State's Sumiton campus. The group, which includes several high-ranking government officials, said they are working to improve the safety of their mines by providing intensive mine safety training, similar to the training provided at Bevill State, for their inspectors and workers.

UK trianing provider Mentor Training has launched two new courses: Mobile Crushing and Screening and Light Vehicle Training, reports Coal International.

There will an introduction into Jaw, Cone, Gyratory and Impactor Crushers [in the Mobile Crushing and Screening course], including the use of the manufacturer’s manual and will cover pre-use checks, start-up, manoeuvring and safety hazards, including machine blockages. Machine shutdown and transportation and environmental issues will also be included within the course. [The Light Vehicle training course] offers a comprehensive look at this type of vehicle and the hazards involved with its operation. The course incorporates health and safety legislation, pre-use inspection and provides a detailed look at the machine’s control and their use in a working environment.

Gregory A. Lang, former President of Barrick Gold of North America, accepted the position of president and chief executive officer of NovaGold Resources (TSE:NG). He starts in January. NovaGold also announced its intention to sell its 50% stake in the Galore Creek project it owns with Teck Resources, and to spin off its Ambler project, in order to focus on the company's flagship Donlin Gold project in Alaska. Markets liked the news, which was announced today. NovaGold Resources shares jumped 27% to $11.42 a share in mid-day trading.