MINING.COM

British Columbians open to pipeline but still no traction for the premier

Half of British Columbians could be convinced that building the Northern Gateway Pipeline is a good idea, as long as economic and environmental considerations are addressed, but Premier Christy Clark can't capitalize.

Michael Allan McCrae | August 2, 2012 | 7:15 pm

Buffet’s railways switch from coal to oil

Don't worry, Warren Buffet who spent $26.5 billion on acquiring Burlington Northern Santa Fe railroad and Union Pacific Corp. is weathering the coal downturn by switching to oil and gas made plentiful by the hydraulic fracturing glut.

Michael Allan McCrae | August 2, 2012 | 6:35 pm

Outer Harbour outta here! When BHP gives up on iron ore growth then you know the mining boom is over

The mining giant is also scaling back or postponing other expensive expansion projects but the pullback in iron ore – by far the Melbourne-based company's most profitable division – is a surprising move and indicative of the cloudy outlook for the commodities business.

Frik Els | August 2, 2012 | 4:00 pm

Add German complications to Papua New Guinea problems for Nautilus undersea mine

The Toronto-based company said in the report it continues to engage the government of PNG in legal proceedings held in Sydney Australia but that it has run into trouble with its German partners building a surface vessel for the operation which would lead to delays.

Frik Els | August 2, 2012 | 2:53 pm

Southgobi up 6% at open as Chalco bid is extended

SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) climbed 6.25% on Thursday as markets opened after announcing it was notified by majority shareholder Ivanhoe Mines that […]

Frik Els | August 2, 2012 | 2:07 pm

India’s blackout exposes choice between water and electricity

In India, like in the United States, the power sector is the single largest user of water – more than agriculture. Presuming that India could solve its power problems and build more coal, they would run out of fresh water even faster.

GigaOM | August 2, 2012 | 11:51 am

Kinross dumps CEO

After seeing its share price halved in the past year, the Kinross Gold (TSE:K) board decided to remove Tye Burt and promote Paul Rollinson from Executive Vice-President, Corporate Development to CEO.

Michael Allan McCrae | August 2, 2012 | 5:28 am

What happens to Greece’s gold when they exit the Eurozone?

With Germany’s leaders telling us that the exit from the Eurozone by Greece no longer holds terror for them, we understand that they are prepared for such an eventuality.

Julian D.W. Phillips - Gold Forecaster | August 2, 2012 | 5:24 am

Primero gives Q2 results

"Primero achieved its strongest quarter to date. San Dimas delivered record gold and silver production, record profit margins and record operating cash flow for Primero."

Joshua Zapf | August 2, 2012 | 1:25 am

First

Last

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Create FREE account or log in

to receive MINING.COM digests