Major Drilling posted quarterly revenue of $182.2 million, up nearly 70% from the $107.7 million recorded for the same quarter last year. This represents the highest level of third quarter revenue in the Company's history.
Investment in mineral exploration in Ontario, Canada, exceeded $1 billion for the first time last year, said today the Minister of Northern Development and Mines, Rick Bartolucci.
Illinois' Prairie State power station is on the brink of production and the $5 billion coal-fired plant will supply electricity to 2.5 million households for at least the next 30 years.
Canadian Shore Gold (TSX:SGF) shares fell dramatically Thursday after the Saskatoon-based company announced it had failed to secure a deal to fund their Star-Orion South diamond project near Prince Albert.
The Chilean government has launched an innovative employment program that aims to allow more women to work within the mining industry. The program will be launched in the northern regions of Tarapaca, Atacama and Coquimbo to begin with and then spread to other regions later in the year.
In a move that should go a long away to relieve the oil glut in the US Midwest – the pricing point for US crude – TransCanada said on Monday it is going ahead with construction of the $2.3 billion southern leg of the Keystone XL oil pipeline from Cushing Oklahoma to the US Gulf Coast.
An $800K underground mining simulator has been installed in Juneau in the University of Alaska Southeast - now the only school with an simulator of this kind in the United States, reports Juneau Empire.
The mining center had to look to South Africa for the technology as no outfit in the U.S. builds mining simulation of this sophistication. South African technicians traveled to Juneau to help shake out the bugs and train UAS mining instructors on the technology. The simulator, named Cybermine, was created by ThoroughTec Simulation based in South Africa. It will be used to prepare entry-level miners for hard rock mining jobs and to provide opportunity for seasoned miners to hone their skills.
The Wallarah 2 coal project, north of Sydney, Australia, will be drawing 70% of its workers from the local population and training them from scratch to work on the mine, reports Australian Mining.
In touting the economic benefit of the proposal near Wyong, [general manager Kerry] Heywood said a further 700 indirect jobs would be created on top of the mine's 300-strong workforce. "Importantly, these jobs will be well paid and provide opportunities for ongoing training and advancement which will give young people the opportunity to live and work on the Central Coast," he said.
Over the next twenty years, the Highland Valley Copper mine near Logan Lake is going to have more and more problems meeting an expected skills shortage due to 20% of its workforce retiring, reports Kamloops This Week.
The Saskatchewan government has given approval for Golden Band Resources Inc. to open its Golden Heart gold mine in northern Saskatchewan.