MINING.COM

A three-way $3 billion deal for Whitehaven, Aston and Boardwalk

Australian coal miner Whitehaven Coal (ASX:WHC) announced Monday that it will merge with Aston Resources (ASX:AZT), and it will also acquire Boardwalk Resources in a three-way deal valued at $3 billion.

Michael Allan McCrae | December 11, 2011 | 11:56 pm

No uranium rebound in the near term: Resource Capital Research

Resource Capital Research detects some good news in the uranium sector, namely acquisition plays for Hathor Exploration and Extract Resources, but sector performance will remain poor for the first quarter of 2012.

Michael Allan McCrae | December 11, 2011 | 10:25 pm

Copper battery performs better than lithium

Stanford University scientists have made high performance batteries using copper, not lithium, that cost less and perform better.

Michael Allan McCrae | December 11, 2011 | 8:46 pm

Suncor Energy announces withdrawal from Syria

CALGARY, ALBERTA--(Marketwire - Dec. 11, 2011) - Suncor Energy reported today that it has declared force majeure under its contractual obligations and is suspending its operations with the General Petroleum Corporation (GPC) in Syria.

Marketwire | December 11, 2011 | 6:17 pm

Energy demand is up 30 percent by 2040 but coal will be a smaller part of the picture

Energy demand is predicted to be 30 percent higher by 2040 due to growing population and a rising GDP, but coal use will peak and decline over this same period.

Michael Allan McCrae | December 11, 2011 | 6:09 pm

Locals lead the way in tin mining

AUSTRALIA could be the main source of new tin mine production in the next five years.

The Australian | December 11, 2011 | 4:12 pm

Mr Karzai invites gold and copper bidders to Afghanistan

The Karzai administration opened bids on billions of dollars worth of copper and gold deposits in four areas of occupied Afghanistan. The Afghan Ministry of Mines invited foreign transnationals to bid on multiple contracts to unearth copper and gold...

Steel Guru | December 11, 2011 | 2:56 pm

Mr Putin intervenes to save jobs at aluminum smelter

Reuters reported that Mr Vladimir Putin PM of Russia facing a wave of voter outrage as he prepares a bid to return to the Kremlin intervened to prevent an archaic 67 year old aluminum smelter with 3,500 workers from closure. Mr Putin was informed at a...

Steel Guru | December 11, 2011 | 2:56 pm

Harry Winston stockpiles rough diamonds waiting for better markets

Announcing its third quarter on Thursday, Harry Winston (TSX:HW) reported a $4.7 million loss and said it is keeping some of its diamonds on ice.

Michael Allan McCrae | December 10, 2011 | 7:25 pm

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