MINING.COM

Opinion rolls in on Budget 2012

The resource sector liked it and the environmentalists were less keen on Budget 2012.

MINING.com Editor | March 30, 2012 | 5:44 am

Budget shines on resource sector, environmental groups get more scrutiny

The Canadian finance minister delivered a budget for the resource sector, promising faster project approvals and changes to immigration to increase manpower, while enviromental groups will receive closer scrutiny from the Canadian Revenue Agency.

Michael Allan McCrae | March 29, 2012 | 10:18 pm

Bye, bye penny

The Royal Canadian Mint will stop producing pennies this fall, announced Finance Minister Jim Flaherty during his budget speech on Thursday.

Michael Allan McCrae | March 29, 2012 | 9:07 pm

Canadian junior miners claim ‘lack of industry support’ in disputes with First Nations

Canadian exploration companies feel their industry association doesn’t hear them, Neal Smitheman, a lawyer who represents junior mining companies in disputes with First Nations, told CBC.

Cecilia Jamasmie | March 29, 2012 | 4:46 pm

LIM receives environmental approval for Stage 2 Houston Project

Labrador Iron Mines Holdings Limited (TSX: LIM) is pleased to announce that it has received environmental approval and project release from the Government of Newfoundland and Labrador for its Houston iron ore mining project in Western Labrador.

Labrador Iron Mines | March 29, 2012 | 6:31 am

Canadian crude falls to $47.50 below world price after dropping 14% in one day

Bitumen is expensive to extract, upgrade and refine and cannot compete with the many new shale oil plays, which have pushed US production to its highest level in a decade.

Frik Els | March 28, 2012 | 11:29 pm

Mitsubishi pays $81m for 25% stake in PGM mine

Japanese conglomerate Mitsubishi Corp will pay $81.25 million to acquire a 25% ownership in the Marathon PGM and copper project owned by Stillwater Mining.

MINING.com Editor | March 28, 2012 | 9:56 pm

Alberta premier promises $3 billion to help clean up oil sands

Alison Redford, the premier of the Canadian province of Alberta, promised on Wednesday to spend $3 billion on clean-up projects in the oil sands.

MINING.COM Staff Writer | March 28, 2012 | 9:45 pm

AuRico Gold dumps Australian mines for $105 million

AuRico Gold pulled the trigger on its Australian operations on Tuesday, selling the Stawell and Fosterville mines to Crocodile Gold Corp for up to $105 million.

Andrew Topf | March 28, 2012 | 7:09 pm

First

Last

Even Trudeau’s Canada, gripped in carbon fight, won’t ditch coal

Forum Energy Metals inks $30m option with Rio on Janice Lake

Alamos Gold drills more high grade intersections at Island mine

ZEN gets $1m grant for graphene-enhanced concrete project

‘Crazy premiums’ for gold assets are over, B2Gold CEO says

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