Three rescuers died as they tried to help workers trapped in a colliery in eastern China, local authorities said Monday, as 21 people remained stuck in another mine in the same region. Three rescuers died as they tried to help workers trapped in a
Recruiters in Western Australia are seeing a steady flow of people heading into the state in search of lucrative jobs in the mining industry, but they need to be realistic about the salaries they can receive and the training they need, Perth Now reports.
Recruitment agencies told The Sunday Times that highly skilled positions, such as heavy diesel fitters, drillers and boilermakers, were in shortest supply and workers with experience in most areas of the resources industry were highly sought after. Hays regional director Simon Winfield said people often thought they could get jobs on mines without any qualifications and were "misguided" about salaries.
Driven by a key strategic imperative to expand its leadership and support for customers in the mining industry, Caterpillar Inc. (NYSE: CAT) today announced it has completed its acquisition of Bucyrus International, Inc. Caterpillar funded the acquisition, valued at approximately $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction.
In 1924 John Maynard Keynes referred to the gold standard as a “barbarous relic”, but we think the new barbarous relic is using gold stocks as a trading or investment vehicle in an attempt to benefit from rising gold prices.
Euro-denominated gold extended its gains to hit a fresh record high on Monday as growing concerns over the Eurozone debt crisis fuelled interest in the metal as a haven from risk while pressuring the euro sharply lower against the dollar. Gold priced in euros almost hit €1110 an ounce after trading as high as €1,104.15 an ounce late Friday.
Heffernan Capital Management research indicates Copper is a viable inflation hedge and will have more upside than many other commodities. Many people invest in precious metal commodities such as gold and silver but not everyone considers non-precious
Environmentalists worry oilsands development could threaten whooping cranes, as new data shows the iconic endangered species continues to migrate through the increasingly industrialized area. G.P.S information collected last fall by U-S and Canadian agencies on 12 whoopers show that nine of them stopped in and around the oilsands region. Image from Flickr user szatmar666
Many people missed the market’s enormous appreciation during the latest equity bull market because they were late to the game or chose to sit on the sidelines. The sideline is a crowded place these days as investors have been reluctant to fully embrace equities.
Two workers were rescued on Sunday after being trapped for more than a week deep underground in a southern China mine collapse in which eight people died and 12 were still missing, state media reported.
In a graduation ceremony on June 23, eight First Nations people graduated from a new program sponsored by Dumas Mining, Wabun Tribal Council, the Matachewan Aboriginal Access to mining jobs Training Strategy (MAATS) and Goldcorp Inc. All are guaranteed employment, reports Wawatay News Online.
“On behalf of the graduates, we want to thank Wabun and our respective communities for the support and encouragement you have provided over the course of this training. We were also privileged to have the opportunity to work at Goldcorp for our training and we are thankful for the valuable instruction we received from Dumas Mining,” said graduate Paul Minarik, of Mattagami. The graduates completed training in their respective fields to prepare them for a career in the mining industry. Six of the graduates completed training in basic underground mine training.