Medallion Resources eyes US, Canada for rare earth extraction plant

After seeing its share price halved in the past year, the Kinross Gold (TSE:K) board decided to remove Tye Burt and promote Paul Rollinson from Executive Vice-President, Corporate Development to CEO.

Royal Nickel (TSE:RNX) announced that the Ressources Québec, a resource investment arm run by the province, gave the company $12 million in return for 0.8% of the net smelter return of the Dumont Nickel Project.

A study of Quebec's royalty rates for miners, which was hurried out before the provincial election, warned the government not to dip its hand any deeper into resource company pockets.

Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has entered into a binding Shipper Support Agreement to provide bitumen blend and diluent transportation services to three major oil sands projects owned by the FCCL Partnership ("FCCL"), a business venture between Cenovus Energy and ConocoPhillips.

Natural Resources Holdings produced a terrific report—which lists the world's top 50 producing mine and undeveloped deposits—that warns there is a paucity of exploitable gold in the coming years.

The Marange diamond fields are home to controversy and a 25% wage increase.

Diavik Diamond Mine touted the out-sized impact it has on the local economy in its 2012 mid year socio economic report.

I fully expect the committee to come out and endorse the offer from Nord and to recommend HRG shareholders accept the offer in one of its forms the valuation to come in around the offer price of $1.18B value (840M shares times $1.40).

A deal between Rio Tinto and Toronto-based jeweller Harry Winston Diamond, which is looking to become the sole owner of the Diavik Mine, might be around the corner.