MINING.COM

Stornoway Diamond receives award for social responsibility

Canadian junior Stornoway Diamond Corporation (TSX-SWY) announced Thursday it has received an award for the “high level of environmental and social responsibility” shown in the advancement of the Renard Diamond Project.

Cecilia Jamasmie | November 22, 2012 | 6:41 pm

Detour to raise $106mn as Canada’s largest gold mine comes online ahead of schedule

Detour Lake mine set to produce 657,000 ounces of gold per annum

Marc Howe | November 22, 2012 | 2:40 am

Petronas new Progress takeover offer gives CNOOC fresh hopes on Nexen

China’s bid for Nexen may get a boost if a Malaysian company successfully acquires Canada-based Progress Energy Resource Corp.

Cecilia Jamasmie | November 21, 2012 | 3:45 pm

MMG submits proposal for Canadian Arctic zinc-copper mine

China-backed metals producer Minerals and Metals Group (MMG) might be the new kid on the Canadian Arctic block, but it is already moving ahead with its plans to build mines in Nunavut in the next six years.

Cecilia Jamasmie | November 20, 2012 | 7:52 pm

Mining CFOs more pessimistic than the rest of Canada’s financial officers

A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for mining companies, reveals industry-specific data published Tuesday by GE Capital as part of its Bi-Annual Mid-Market CFO Survey.

Cecilia Jamasmie | November 20, 2012 | 6:46 pm

Tiffany lends Diamcor $4 million to expand diamond project in South Africa

Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.

Cecilia Jamasmie | November 20, 2012 | 5:25 pm

Anti oil sands protest blocks Canada-EU Energy Summit in London

A group of activists performing what they called an “oil orgy” protest interrupted the Canada Europe Energy Summit, at Canada House, in London Tuesday morning.

Cecilia Jamasmie | November 20, 2012 | 4:05 pm

Cliffs Natural Resources delays massive iron ore projects

Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of its operations in the U.S., as a result of weak commodity prices.

Cecilia Jamasmie | November 19, 2012 | 5:55 pm

Keystone XL opponents demand Obama reject pipeline

Less than two weeks after U.S. President Barack Obama was re-elected for a second term, thousands of protesters rallied in Washington Sunday asking him to reject the proposed Keystone XL oil sands pipeline, which would transport crude oil from Canada to the U.S.

Cecilia Jamasmie | November 19, 2012 | 2:38 pm

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ATAC Resources’ VP exploration killed in plane crash in Yukon

Iamgold cuts production guidance due to Rosebel suspension, stock down 14%

DeepRock Minerals acquires Golden Gate gold project

Pure Gold lands $90 million for Madsen project

Osisko notes excellent flotation tests of samples from Pine Point

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