MINING.COM

Protect Canadian ownership of oil sands firms, executives urge

Top oil industry executives are asking Ottawa for rules to protect Canadian ownership of major oil sands companies from a flood of foreign investment expected in the sector.

Globe and Mail | September 26, 2012 | 3:47 pm

Goldquest plunges 33% on disappointing drill results

Vancouver's Goldquest Mining (TSX.V:GQC) has dived 33% on heavy trading following the release of fresh drill results which fell below expectations.

Marc Howe | September 25, 2012 | 11:36 pm

Fire traps 20 miners in Canadian potash mine, but no one hurt

Twenty miners are trapped underground due to a fire at PotashCorp’s Rocanville mine in the Canadian province of Saskatchewan, about 230 kilometres east of Regina

MINING.COM Staff Writer | September 25, 2012 | 5:44 pm

Indian oil giant said it never offered $5 billion for Canadian oil sands

State-own Indian oil company Oil and Natural Gas Corp. (ONGC) denied Tuesday that, together with two other state-run oil firms, bid $5 billion for a stake in six Canadian oil sands assets owned by U.S. energy giant ConocoPhillips, as several media outlets reported Monday.

Cecilia Jamasmie | September 25, 2012 | 4:56 pm

Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed to sell two minor coal assets in South Africa to Canadian Forbes & Manhattan Coal for $53 million

Cecilia Jamasmie | September 25, 2012 | 4:00 pm