FLSmidth, a global engineering company out of Denmark, is planning a A$267 million acquisition of Ludowici Limited, an Brisbane-based company that manufactures coal centrifuges, vibrating screens and complementary wear resistant products.
Over the next twenty years non-fossil fuels, such as nuclear, hydro and renewables, will be the fastest growing parts of the energy sector, according to BP Energy Outlook, a report that was released on Thursday.
Northern Gold Mining Inc. (TSX VENTURE:NGM) and the Wahgoshig First Nation jointly announced on Friday that a strong cooperation and working relationship has developed since Northern Gold first began working on the Garrison Gold property two years ago.
Murray & Roberts Cementation has set a mining industry benchmark by establishing an innovative emergency egress system - from design to operation -in just 11 days at Petra Diamonds' Finsch Mine, 160 km northwest of Kimberley.
To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture underground rock layers thumb their noses at and even hate the environment.
A Canadian oilsands company, Sunshine Oilsands, is turning to the Hong Kong stock exhange in hopes of raising between $500 million and $700 million through an IPO.
If you're among the many who consider investing in the junior resource sector nothing more than a crapshoot, look into Ahead of the Herd Publisher Rick Mills' steps to derisk the inherently risky business of investing in junior resource companies.
The news wires are abuzz with the announcement that Obama has caved into his party's environmental wing and killed the Keystone pipeline that would have carried Canadian oil to the refineries along the Gulf coast.
Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from the Alberta oil sands to refineries along the US Gulf coast. The lack of pipelines like Keystone has meant that Canadian crude sells for much cheaper than global oil – on Wednesday the discount widened to over $30.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) announced its support and commitment to the recently launched First Nations Underground Core Mining Training Program through the New Brunswick Community College (NBCC) in Miramichi. Trevali has partnered with the Aboriginal Workforce Development Initiative (AWDI) and the New Brunswick Department of Post-Secondary Education, Training and Labour (PETL) to train and employ 12 people from Elsipogtog, Pabineau, Eel Ground, Esgenoopetitj, Eel River Bar and Metepenagiag for Trevali's Halfmile Mine in the Bathurst Mining Camp of northern New Brunswick.