Markets single - MINING.COM
52 weeks
Low | High
Last Close:

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Related Commodities

Create FREE account or log in

to receive MINING.COM digests


Latest Stories

White Tiger Gold swallows Century Mining Corp for C$743 million

Canadian gold miner White Tiger Gold Inc. has offered 0.40 of its share for each Century Mining share. The offer values Century at about C$1.82 a share -- more than three times the stock's Friday closing, according to Reuters: White Tiger's operations are mainly in Russia, including the Savkino and the Nasedkino project, while Century Mining's primary asset is the Lamaque gold mine in Quebec. The boards of both companies support the deal and White Tiger shareholders will own about 39 percent of the company.

College to offer degree in mining

Somerset - The coal mining industry didn’t learn much from the large number of retirements that occurred in the 1950s and 1960s, because it’s happening again, Blair McGill said.

“We’ve lost a generation,” he said. “Over half the managers could retire today if they want. To develop supervisors who can move to the second and third levels takes time and education.”

McGill worked in the mining industry in West Virginia for more than 43 years before his retirement. He was a supervisor in his early 20s.

The Pennsylvania State University Fayette Campus is offering a two-year mining technology associate degree program at the Allegany College of Maryland Somerset County Campus beginning in June. An informational session about the program was held at the college on Friday.

New Toowoomba TAFE faculty boosts job prospects

People in the Toowoomba area will be able to access specialist training in the State’s emerging industries at a new faculty of the Southern Queensland Institute of TAFE. Employment, Skills and Mining Minister Stirling Hinchliffe today toured the TAFE’s Faculty of Mining, Resources and Infrastructure as part of the Bligh Government’s Community Cabinet in Toowoomba. Mr Hinchliffe said SQIT introduced the new faculty this year to help meet industry demand for skilled workers.

“There is massive growth in the Queensland mining industry and it’s important we have enough skilled workers to meet those demands,” Mr Hinchliffe said. “We also want to see Queenslanders take advantage of the opportunities on offer."

Indian mining industry to face skilled manpower shortage

India, ranked among the top five global players in production of several major minerals, is poised for rapid growth in its mining industry - about five percent of the GDP. However, lack of skilled workers is set to hit the industry, creating a demand-supply gap of over 2,200 people by 2025, according to a study on mapping of human resources and skills for the mining industry in India by Confederation of Indian Industry (CII).

Orbite produces first ton of alumina

Exploration Orbite (TSX VENTURE:ORT.A) is pleased to announce that it has successfully produced its first ton of high purity alumina and has done so ahead of schedule and on budget. This first ton was produced at the company's pilot facility in Cap-Chat, QC, using the company's patented process that marks an important technological quantum step forward. "Producing our first ton of high purity alumina is a major breakthrough for Orbite because it proves definitely that the innovative process we have developed is viable and suited to large scale production. It brings us that much closer to a new metallurgical alumina production facility and a high purity alumina production facility with very high added value"

Two 0.72-carat diamonds pulled from James Bay lowlands

Metalex Ventures (TSX:MTX) recovered a 0.72 carat white diamond from its James Bay lowlands project in Quebec — a joint venture between Metalex and Arctic Star Diamond Corp. (TSX:ADD). The B.C.-based company made the announcement on Friday among its latest drill results from the 9.3-hectare U2 kimberlite pipe. The discovery was made on the third of 11 drill holes, and Metalex indicated another 0.72-carat stone has been recovered from the fourth hole.