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BHP facing more work stoppages at Queensland coal mines

Reuters reports BHP Billiton will face work stoppages at all its Queensland, Australia coal mine operations next week ahead of an employee vote on a contract, a workers union said on Monday. The world's largest miner has reached an impasse with the Construction Forestry Mining and Energy Union (CFMEU) over wages and job security provisions; the union approved work stoppages at mines operated by the BHP Billiton- Mitsubishi Alliance (BMA) in June.

Australian Mining Industry Skills Centre Launches Training Hubs

The Mining Industry Skills Centre in Australia has launched the Accelerated Skilling Hubs to train workers quickly to fill skills shortages, Australian Mining reports.
According to the Skills Centre, it developed ASH on the premise of exploring a Silicon Valley model; creating a hub of expertise, training and technology to advance the industry. It will utilise gaming technologies, simulation techniques and automation to quickly skills workers in a ‘centre of excellence’ environment which can be located regionally or in a capital centre.

Grayd Resources acquired by Agnico-Eagle Mines for $275 million

Agnico Eagle Mines (TSE:AEM) announced on Monday that it had acquired Grayd Resources (CVE:GYD) for $275 million. Grayd is a junior exploration and development company with gold and silver projects in Mexico. Agnico said the offer price of $2.80 per Grayd share represents a premium of 65.7% to the volume weighted average price of Grayd shares on the TSX Venture Exchange for the 20-day period ended September 16, 2011.

Northern potash and coal port gets $15 million from BC government

Premier Christy Clark announced on Monday a $15-million contribution for a $90-million road rail utility corridor project, phase one of a planned $300-million development at the Port of Prince Rupert. The $90-million Road Rail Utility Corridor Project will expand Ridley Island's terminal capacity to help meet growing demand from Asia for Canada's natural resources. The project includes construction of new inbound and outbound rail lines and the extension of on-site rail and utilities. The BC government says that the investment will create over 570 direct construction jobs over the life of the project and will further provide up to 4,000 operational jobs after all construction is complete.