Australian businesswoman Janet Holmes says refugees should be used to fill vacancies in the Australian resources industry, Australian Mining reports. “It’s astounding […]
Alpha Natural Resources (NYSE: ANR) has drastically cut its accident and injury rates in the six months since a landmark $210 million settlement, which spared the company criminal charges over the 2010 mine explosion that killed 29 workers, federal prosecutors said Monday.
Canadian Yamana Gold Inc. (TSX:YRI) (NYSE:AUY)(LSE:YAU) announced a $400 million acquisition Monday of Argentina-focused junior miner Extorre Gold Mines (AMEX:XG) (TSX:XG), which has an appealing gold-silver project in the South American country, while also saying it plans to boost its dividend by 18%.
The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those accusations as uninformed and a “double standard."
Edgewater Exploration Ltd. arranges $120 million debt financing with Credit Suisse AG and Barclays Bank PLC to to develop the Corcoesto Gold Project, Galicia Spain.
The risk of a Greek exit from the Eurozone "has moved towards next year," and "markets will be concerned about how narrow the margin of victory" was for the pro-bailout party say analysts.
"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power to cherry pick which combination of country and project offers the best returns."
Apart from developments in Japan and the expiry of the Russia-US nuclear weapons agreement Beijing restarting its construction programme after a review will support oxide prices.