Canadian Zinc Corp., the company developing a new zinc mine in the Northwest Territories, announced a major share purchase by a Chinese investor today.

Canada Lithium Corp. (TSX: CLQ) (OTCQX: CLQMF) is pleased to announce that The Bank of Nova Scotia (“Scotiabank”) and Caterpillar Financial (“CAT”) have provided credit-approved commitments to Canada Lithium Corp. to provide a C$75-million, five-year debt facility to finance Canada Lithium’s Québec Lithium open pit mine and process plant near Val d’Or, Québec.

Members of the fire brigade from Century Mine in Beallsville, Ohio put Rend Lake College's state-of-the-art fire fighter training facility to the test last week, with various scenarios in the mock underground mine as well as on the surface, reports the Benton Evening News.

“It is invaluable for us to ensure safe, realistic and effective training,” said Terry Wilkerson, RLC Applied Science and Technology Division chair. “This was a significant day for our mining program. Today, with the first of many successful live fire training sessions, we made the industry aware that we are the training facility in the Illinois Coal Basin, the next hotbed for the coal industry.”

Mining companies in Australia are considering to fly foreign workers directly to their operations as the country, particularly the north-east state of Queensland, struggles to fill massive job shortages, reports local media outlet Adelaide Now.

This week's 60 Minutes examines why gold has become so important to India and what significance it plays in weddings and rituals. And story like this lends itself to some pretty good visuals.

Gordon G. Chang, gloomy prognosticator on China, digs into trade numbers on copper and believes the Chinese are buying copper to gussy up their trade deficit numbers, rather than having a real need for the metal.

Greek Parliament voted 200 for and 74 against to pass tough austerity measures in return for a bailout and keep Greece in the Euro.

Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines.

Mining giant Rio Tinto has lost a bid to appeal to the High Court over an employment agreement with its Pilbara iron […]