May 25, 2012

EU sideswipes oilsands with new fuel directive

A new fuel-quality directive, passed yesterday by the European Union, will create a separate label for Canadian oil produced from oilsands.

May 25, 2012

Aussie travel company and main airlines cash in on mining boom

Hoping to cash on the booming mining industry in Australia and the need for foreign workers, Corporate Travel Management (CTM) has announced a step into Australia’s growing mining industry with…

May 25, 2012

It was only a matter of time. Creditors’ lawyers descend on Baja Mining

Friday's complication is just the latest setback for Vancouver-based Baja which has now lost almost 70% of its value this year.

May 25, 2012

Orbite collaborates with Gaspé MRCs to implement a manpower training program and receives its construction permit for the HPA plant

Orbite Aluminae Inc. (TSX: ORT) (the “Company”) is proud to announce that it is developing a program to train prospective employees for its projected facilities, i.e. its high-purity alumina (HPA)…

May 25, 2012

Lazare Kaplan lauches social initiative to encourage education in Africa

US-based diamond manufacturing and distribution company Lazare Kaplan International Inc. (LKI) has launched a new social initiative, The Lazare Ongoma Initiative (LOI), which aims involve retailers in supporting education in…

May 25, 2012

Foreign workers to relieve labour shortage in Australia’s mining industry

Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.

May 25, 2012

Rio Tinto confirms strong potential for diamond jewellery demand in China

An increasing demand for diamond jewellery coming from China could help precious stone producers to boost sales in the following months, hinted diversified miner Rio Tinto (LON:RIO) in a release…

May 25, 2012

Chief of Codelco quits amid legal battle with Anglo

In what it seems to be the first casualty of the heated conflict between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer announced…

May 25, 2012

Impala Platinum faces potential halt to Zimplats operations due to differences with Zimbabwe’s government

Zimbabwe's central bank threatened to freeze Impala Platinum's local account and ordered local banks to halt managing any of the company’s exports because it has “failed to comply with an…

May 24, 2012

VTB Capital invests $50M into Russian gold mining company

VTB Capital has made its first investment in the Russian mining industry, making a $50 million commitment to Zapadnaya Gold Mining Ltd. The investment arm of the Russian financial services…